How Continuum Labs Discovered $40,000 in R&D Tax Incentive Tax Benefits

Tim turned his uncertainty about R&D tax rebates into an advantage positioned for reinvestment & growth

Bear Olive

Managing Director

Customised AI virtual assistants by training high powered large language models

industry

Innovation/Technology Development

solution

R&D Tax Incentive Advisory

size

<50 Employees

result

$40K

The Company

Continuum Labs is an AI innovation-focused business that develops cutting-edge solutions requiring significant research and development investment. Founded and led by Tim Hannon, the company operates in the challenging environment of bringing new technologies to market, where substantial capital and time investment precede uncertain commercial outcomes.

As a growing R&D business, Continuum Labs represents the type of Australian innovation company that drives technological advancement while managing the inherent risks and funding challenges of experimental development work.

The Challenge

Tim faced the fundamental challenge that confronts many Australian innovators: funding uncertainty in a high-risk development environment:

Innovation Funding Uncertainty

"The biggest challenge is the complete uncertainty of an outcome while risking capital and time... but just the knowledge that [R&D tax rebates are] there and some of the ways you can structure it"
Tim Hannon
Founder, Continuum Labs

The Solution

To tackle this issue, Creative Agency revamped their digital marketing strategy by incorporating data analytics to better understand customer behavior. They also enhanced their content marketing efforts and utilized social media platforms to engage with their audience more effectively.

The Result

As a result of these changes, Creative Agency experienced a 50% increase in website traffic and a 35% boost in conversion rates within three months. Their enhanced digital presence significantly improved brand awareness and customer engagement.

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