Discover the course

Embark on your learning journey with R&D Masterclass to manage R&D project compliance in relation to tax incentives from day one.

R&D Masterclass is designed to assist businesses that are considering conducting or are already engaged in R&D projects and claiming tax or other government incentives.

The internationally recognised methodology for collecting and utilising R&D statistics is the OECD’s Frascati Manual. It is a fundamental resource for statisticians and innovation policymakers worldwide, providing definitions of core concepts, data collection guidelines, and classifications for compiling R&D statistics. The R&D Masterclass training modules have been crafted based on the Frascati Methodology.

Each module includes interactive checklists, essential notes, and quizzes to assess your understanding. The program is consistently updated, offering ongoing guidance and supplementary material to inform you about the global R&D landscape.

R&D Masterclass course syllabus

Introduction to Research and Development: R&DTI benefits and how to calculate
What is research and development: recognising potential R&D within your business
What is the difference between research and new product development: a crucial global eligibility distinction
How to set up a research and development project overview: tips and tricks for success
How to set up a hypothesis a key element of setting up your R&D project: essential for structuring your R&D project
Understanding the technical investigation process: ensuring project novelty and avoiding prior art
Research and development exclusions: key areas to avoid
Understanding elements of the project plan: considerations for structuring your R&D process and record keeping
How to conduct a new learning report: assessing what has been learned and how to iterate
Training modules: sector-specific guidance for R&D, including software, manufacturing, agriculture, and more

A downloadable Template Kit includes the following
- additional template products are regularly added.

An Introduction to Research and Development (R&D): this section provides details on understanding the basic principles of research and development
R&D Reporting Guide: this guide outlines which records to keep and provides a structured method for storing them
R&D Technical Investigation Report: a template for use at the beginning of your R&D project to demonstrate novelty and an understanding of prior art in the market
R&D Proforma Plan: a working example using a fictional project on how to make a rubber ball bounce higher, following the Frascati Methodology. This provides an easy-to-understand example of compliant R&D.
R&D Record of Experiment: a method for capturing your experimentation with a scientific approach
R&D New Learning Report: a method for capturing what has been learned along the way and any required iterations for future experimentation
R&D Financial Analysis: a method for understanding what can be claimed and ways to apportion and calculate