R&D grant advisory
Advanced R&
Alex and the team at Advanced R&D not only do flexible R&D finance they actually can support you in thinking about ho...
What Founders Think of Advanced R& (1)
Alex and the team at Advanced R&D not only do flexible R&D finance they actually can support you in thinking about how to better leverage your R&D returns. My first meeting with Alex I walked in and said 'I'm skeptical, this feels like a payday loan' (lol) Alex wasn't put off at all, he actually got what I was saying and then showed me how we could start thinking about R&D loads as a strategic form of cashflow rather than just a gov incentive. They're whip smart, and super useful to have in your corner.
The review describes a transformative shift in the founder's strategic thinking about R&D finance, moving from skepticism to viewing it as a strategic form of cashflow.
About Advanced R&
Advanced R&D, headquartered in Brisbane, Australia, stands as a specialised R&D finance platform dedicated to empowering Australian startups and innovative businesses. Founded by Alex Knight, an accountant and experienced founder with a background in venture capital, investment, and finance, the company was established to address the significant gap between conducting research and development and securing timely, flexible funding for it [3, 7, 27]. Knight observed that traditional capital options often hindered innovative companies, prompting him to build Advanced R&D to provide fast, flexible capital without the customary red tape [3].
The core offering of Advanced R&D revolves around providing non-dilutive R&D finance by advancing funds against future R&D Tax Incentive refunds [4, 27]. This unique approach allows businesses to unlock their earned R&D capital throughout the year, rather than waiting until the end of the financial year for the refund [27]. The firm prides itself on its startup speed, aiming for approval within 48 hours and disbursing funds typically within 24 hours of documentation, thereby supporting clients in accelerating product development and achieving faster market entry [7, 27, 36]. Their services are designed to be accessible and straightforward, allowing innovators to concentrate on their core mission rather than protracted fundraising processes [7, 36].
What sets Advanced R&D apart is its dual commitment to both profit and purpose, viewing itself as an Australian R&D finance platform built by founders, for founders [7, 20, 27]. They actively support Australian innovation across diverse sectors, including deep tech, biotech, software, AI, quantum, robotics, research, manufacturing, and heavy industry [4, 36]. Furthermore, the company demonstrates a strong commitment to social and environmental causes, committing to Pledge 1% and working towards B Corp certification [7, 20]. With every R&D advance made, Advanced R&D contributes its own funds to cultural, social, and environmental initiatives, enabling their clients to contribute to causes they care about without using their own capital [20]. This commitment underpins their belief in advancing humanity alongside Australian innovation [20].
Advanced R&D aims to redefine funding by offering efficient and strategic capital that fuels innovation and powers significant impact [7]. Their client testimonials highlight the simplicity, speed, and efficiency of their process, which has helped companies like CartonCloud, Black6, CareMaster, Rainstick, and Gasbot fund product development, manage cash flow, and achieve growth without sacrificing equity [27, 37]. The company's vision is to make R&D finance widely understood and accessible, transforming the R&D Tax Incentive into a powerful growth engine for Australian businesses.
Advanced R& at a glance
Fees are set at the market rate for R&D finance, with loans repaid using the client's R&D tax refund from the ATO [36].
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