The COVID-19 pandemic has been tough on the economy – and businesses of all types have felt the strain.
In April 2020 alone, a quarter of UK companies closed and May saw the country enter its worst recession for many years.
Various levels of restrictions, ranging from lockdowns to the tier system, have resulted in businesses struggling to stay afloat.
However, one Manchester-based firm has set a mission to change all that: Areande.
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How Areande is making a difference
Areande helps businesses across Manchester and beyond to claim research and development tax credits.
This incentive – also known as innovation tax relief – was introduced by the government in 2000 to encourage companies to innovate.
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R&D tax credits allow businesses to claim a cash payment or a reduction in their tax bill for a variety of costs spent on innovative projects.
Founded during the pandemic, Areande’s singular goal is to “simplify the claims process and help as many firms as possible”.
As multiple sectors started being squeezed by the pandemic and social distancing measures, Areande was set up to provide innovating businesses with a “vital lifeline”.
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Spending money developing or improving new products, services, or processes qualifies you for tax relief – with many companies eligible for cash payments or tax bill reductions.
You can determine whether you’re eligible for tax relief for your innovation here.
Partnering with Areande
Scott Graham / Unsplash
Areande also runs a partnership programme for individuals and businesses searching for an additional source of income during a financially challenging time.
Areande offers a lucrative referral programme for their partners, allowing companies to make money for sending potential claimants their way.
Explaining the partnership programme, Areande stated: “We use a rigorous approach with a built-in quality assurance system, ensuring we uncover all eligible R&D costs. Our experts do all the hard work; partners need only send clients our way and wait for their reward.
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“As a partner, you’d also have access to a dashboard where you can monitor earnings in real-time and easily export data for reporting. You would also have the pleasure of seeing your clients power their businesses forward, achieving – and even exceeding – their growth plans by claiming Areande. Partnering with Areande could provide many benefits to both you and your clients.”
Research and Development Expenditure Credit (RDEC), also known as above the line R&D tax credit, allows larger companies to reclaim tax for their innovation.
This incentive is worth 11p for every pound spent on qualifying R&D activities.
Areande saves its clients from having to deal with HMRC and pledges support for almost all industries; with members of its team from agriculture, pharmaceutical, medical supplies, research, property, construction, financial and technology backgrounds.
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The company stated: “We use a streamlined and technology-driven process that can take businesses from claim to cheque in a matter of weeks SMEs, whether they are profit or loss-making, can claim up to 33p for each £1 they’ve spent on innovation.
“We have helped thousands of businesses across the country claim back millions from HMRC, with an average claim value of £53,714 for SMEs and £600,977 for large companies. We have a streamlined process; we handle everything so you can focus on innovating.”
With the money received from Areande claims, businesses have managed to increase their incomes, expand their operations and recoup some of their COVID-19 losses.
In the current climate, local businesses need a boost – and Areande is providing exactly that.
You can apply for R&D tax credits online here.To learn more about what Areande are doing to support the local economy, visit their website. You can sign up and see if you’re eligible online.
Business
Manchester Marathon found fresh community fund following milestone charitable efforts
Danny Jones
The Manchester Marathon has begun a new community fund following more than a decade of incredible charity efforts.
Known as the Trafford Active Fund for the last 10 years or so, the initiative covers not only the city and its wider boroughs’ annual 26.2-mile long race, but various other sports and activity-based schemes across the region.
Now, though, the fresh Manc Marathon Fund is evolving in partnership with the existing Trafford Moving Fund and MCRactive arm of Manchester City Council by expanding its vital charity work further afield than ever before.
Launching ahead of the 2026 event this spring, runners will once again be behind crucial funding across the Greater Manchester region and beyond.
The new Manchester Marathon Community Fund logo (Credit: Supplied)
For context, back in 2024, the MCR Marathon raised nearly £30 million for the local economy and roughly £3.7m for charities like the Alzheimer’s Society; last April, that figure surpassed more than £4m, and the fundraising numbers only continue to increase with every year.
With that in mind, more than £60k is distributed to various partner programmes that “inspire movement, improve wellbeing, and create meaningful change for local people”.
Moving forward, not only will £1 from every paid entry into the Manchester Marathon and Manchester Half continue to go directly into the Manchester Marathon Community Fund (MMCF).
Andrew Smith, Chief Executive of A.S.O. UK – organisers of the MCR Marathon and Half – said: “We’re incredibly proud of the positive impact the Trafford Active Fund has delivered locally over the years, and we’re excited to extend that impact across both Trafford and Manchester City [Centre].
“By broadening our reach, the MMCF will help even more people to get active and contribute to a legacy of movement and wellbeing. Our relationship with Trafford remains as strong as ever, and we look forward to continuing to support the brilliant community projects that make a real difference there.”
Community groups and projects in Trafford or the City of Manchester can apply for funding via the Trafford Moving Fund and MCR Active (dependent on their location).
A panel from each organisation reviews applications and selects projects that best demonstrate lasting impact.
We share stories from funded projects throughout the year, so you can see the difference your event entry makes.
We love how much the North West regularly dedicates its charitable efforts, both socially and physically, towards important causes throughout the year.
Featured Images — Press shots (supplied via Manchester Marathon/ASO UK)
Business
Deansgate bar Simmons closes just over a year after opening
Danny Jones
London-born bar brand Simmons has closed their Manchester site just over a year after opening their first Northern location.
They’ve lasted roughly 15 months on one of our busiest nightlife strips.
Opening on Deansgate back in October 2024, Simmons Manchester wasn’t just their first foray here up in this half of the country but their only other venue outside of the capital.
An otherwise well-established and popular chain down south, they have a total of 15 different bars in central London, but things clearly haven’t quite taken off as planned here in Manchester.
Placing a poster in the unit’s shopfront besides the likes of Be At One, Yours, The Moon Under The Water Spoons and the Deansgate branch of Slug and Lettuce, as you can see, the fellow franchise founded over a decade ago said: “After much consideration, we’ve made the difficult decision to close our doors.
“It’s never easy to say goodbye”, they add, “We’re incredibly proud of what the team built here and so grateful to them, as well as everyone who joined us over the past year.
“We’ve had some unforgettable nights. We love Manchester, and we hope to be back under the right conditions.”
They go on to thank everyone for being “part of the journey”, but for now, it looks like the room has closed effective immediately.
Simmons started back in 2012 when founder Nick Campbell opened the first bar below his flat in Kings Cross, and their presence has grown hugely since then. The closing sign was spotted and shared on social media earlier this week.
Offering everything from stylish cocktails to New York-style pizza, live music and even private karaoke booths, the place had plenty going on.
With rising business rates, energy bills and more dovetailing with the continuing cost of living crisis that is still hampering both hospitality and the nightime economy, they are just one of many to unfortunately close their doors of late.
For instance, it was only earlier this month that we saw multiple well-known names shut up shop here in the city centre or elsewhere in Greater Manchester, including another long-standing late-night favourite, Revolution.
It’s a shame for any business to close, and we certainly hope they’ll return someday with a model that can be sustained in the current climate.
The Manc -
25th January 2021 
