The firm believe companies are missing out on getting money back on their investments in capital, innovation and people, and has put a team of technical analysts in place to support them in securing the right ‘relief’.
The Newhall Street office follows the appointment of Wendy Smith as business development manager for the region. She will be responsible for engaging with 100 local firms in the first year and, working with colleagues to build a network of professional intermediaries.
She said: “The West Midlands is rich in manufacturing expertise, especially across automotive, aerospace and rail, making it a natural fit for the next part of our expansion.
“These type of firms, who thrive on innovation and doing things differently, are in a perfect position to claim significant R&D tax relief, but so many don’t take advantage or they do not use a partner that gets them the best possible return.
“We’ve already had over 110 successful claims in the West Midlands so we know the area and we know what works. This latest investment reinforces our commitment and our desire to double the number of firms we support by 2018.”
She concluded: “There’s a lot of organisations committed to helping local industry achieve innovation and R&D and 2017 will be a big year for firms investing in automotive, aerospace, and advanced manufacturing growth areas, such as additive manufacturing, connectivity, robotics and automation.
“It’s an exciting time to be investing in the region and growing our presence in the West Midlands.”