GovGrant
- Company typePrivate
- Founded2006
- HeadquartersSaint Albans, United Kingdom
- Headcount101–250
- GTM typeB2B
- OfferingServices
What GovGrant does
GovGrant is a UK-based specialist advisory firm that helps innovative businesses maximise funding and tax relief available from government sources. Its core proposition centres on R&D tax credits — preparing technically robust, compliance-led claims for UK SMEs and enterprises — supplemented by HMRC enquiry defence, Patent Box relief, IP Harvest reviews, and broader IP strategy consulting. International tax planning is offered for organisations with cross-border R&D activities, supported by reference to 250 colleagues globally alongside a 60-strong UK team.
The firm operates a two-channel go-to-market: a direct sales motion targeting businesses with qualifying R&D expenditure, and a channel partner model in which accounting firms outsource specialist R&D work to GovGrant as the technical provider. The accounting partner channel is reinforced by a Power Apps portal for case submission and tracking, CPD-accredited webinars, the At Source video insight series, and a CBI strategic partnership that produced co-branded research on UK innovation investment. Investor-facing services assess R&D risk and opportunity across portfolios and pipelines, broadening the addressable buyer base.
The business is a private limited company registered in England and Wales, founded in 2006 and headquartered in Saint Albans, UK, with operating geographies spanning the UK and broader European/international markets via the global team. Revenue is generated through quote-based professional services fees tied to claim complexity, with no publicly disclosed pricing. The firm's growth posture is anchored on regulatory tailwinds from the new merged R&D Expenditure Credit scheme and the Enhanced R&D Intensive Support (ERIS) regime, which together refresh the addressable market and create demand for specialist advisory.
GovGrant firmographics
Firmographics- Name
- GovGrant
- Legal name
- Source Advisors Ltd
- Website
- https://govgrant.co.uk
- Company type
- Private
- Founded year
- 2006
- Operating status
- Operating
- Headcount range
- 101–250 employees
- Ownership category
- akta.pro rank
GovGrant industry classification
Industry- Product category
- R&D Tax Credit Consulting
- NAICS
- Offices of Certified Public Accountants (541211), Accounting, Tax Preparation, Bookkeeping, and Payroll Services (5412)
- SIC
- Services-Legal Services (8111)
- akta.pro primary industry
- Tax Advisory & Compliance (BPAHABAB)
Keywords
Where GovGrant is headquartered
LocationHeadquarters
- HQ city
- Saint Albans
- HQ country
- United Kingdom
- HQ region
- Europe
Offices1 record
Markets served
GovGrant business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Marketing or Sales, Technology or R&D, Infrastructure
Revenue model
- R&D Tax Credit Consulting Services: Professional fees for preparing technically robust and compliance-led R&D claims, HMRC enquiry support, and IP consultancy services. Revenue derived from service fees to accounting partners and direct clients.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Other | — | Professional consulting services with no publicly listed pricing tiers |
Go-to-market motion1 record
Distribution channels3 records
Marketing channels4 records
GovGrant product offering
Product offeringCore offering
GovGrant (operating through the Source Advisors brand) prepares technically robust and compliance-led UK R&D tax credit claims, provides expert HMRC enquiry support, and delivers IP consultancy, Patent Box tax relief advisory, and international tax planning. It also serves accounting firms that outsource their specialist R&D work to GovGrant, supported by an online Power Apps Portal for partner submissions.
Product overview
Source Advisors operates as a specialized tax consulting firm offering a comprehensive suite of innovation incentive services. The portfolio centers on R&D tax credits (including the new merged R&D scheme and Enhanced R&D Intensive Support/ERIS scheme), complemented by IP consulting services (Patent Box, IP Harvest), international tax planning, and dedicated accountant outsourcing services. The firm also provides an R&D tax relief calculator tool and HMRC enquiry support. These services are designed to work holistically, allowing clients and accounting partners to commercialize innovation at every step, from initial R&D claim preparation through to IP strategy execution and tax optimization.
Differentiator
Problem solved
Functional benefit
Products and services
- R&D Tax Credits Service Preparation of technically robust and compliance-led R&D tax credit claims for UK businesses seeking tax relief on qualifying research and development expenditure. Covers the new merged R&D expenditure credit scheme and Enhanced R&D Intensive Support (ERIS) for loss-making R&D intensive SMEs.
- HMRC R&D Enquiry Service Expert support service delivering a written opinion and recommended next steps for businesses facing HMRC enquiries into their R&D tax credit claims.
- IP Consulting Services Strategic consultancy helping clients develop IP strategies aligned with their business goals and maximise the commercial value of intellectual property assets.
- Patent Box Tax Relief Advisory service enabling UK businesses to apply the reduced Corporation Tax rate on profits attributable to patented technology and other qualifying IP.
- International Tax Planning Advisory service navigating cross-border tax incentives for organisations with international business interests and overseas R&D activities, including US specialised tax considerations.
- Accountant Outsourcing Service White-label style outsourcing service allowing UK accounting firms to outsource R&D tax credit work to GovGrant as a market-leading specialist, providing additional capacity and technical expertise for their clients.
- IP Harvest Quick, scoped review service designed to establish whether a client has patentable intellectual property worth pursuing before deeper IP strategy work is commissioned.
Companies that use GovGrant
Customer profileNamed customers3 records
Segments3 records
Ideal customer profiles3 records
GovGrant technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
GovGrant partnerships and signals
Strategic signalPartnerships
One partnership is on record.
- CBI (Confederation of British Industry)coreStrategic partnership where Source Advisors co-launched a cornerstone research report 'Innovation Investment: firm foundations for growth' with CBI. The report highlighted three major shifts required to unlock innovation investment in the UK.
Scale indicators2 records
Recent moves1 record
Expansion highlights7 records
GovGrant competitors and assessment
Company assessmentMarket position
Weaknesses1 record
Competitive moat4 records
Key risks5 records
Key highlights7 records
Customer concentration
GovGrant social profiles
Digital presenceGovGrant financial estimates
Financial estimateRevenue estimate
Valuation estimate
GovGrant leadership team
Management profileNumber of profiles
Profiles4 records
GovGrant funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
GovGrant M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about GovGrant
What does GovGrant do?
GovGrant (operating through the Source Advisors brand) prepares technically robust and compliance-led UK R&D tax credit claims, provides expert HMRC enquiry support, and delivers IP consultancy, Patent Box tax relief advisory, and international tax planning. It also serves accounting firms that outsource their specialist R&D work to GovGrant, supported by an online Power Apps Portal for partner submissions.
Is GovGrant a public or private company?
GovGrant is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was GovGrant founded?
GovGrant was founded in 2006. It employs 101 to 250 people.
Where is GovGrant based?
GovGrant is headquartered in Saint Albans, United Kingdom, in the Europe region.
How does GovGrant make money?
One revenue line is on record: R&D Tax Credit Consulting Services.
Does GovGrant have an API?
No public API is recorded for GovGrant.
What industry is GovGrant in?
GovGrant's product category is R&D Tax Credit Consulting. Its primary akta.pro industry code is BPAHABAB, Tax Advisory & Compliance. Its NAICS code is 541211 and its SIC code is 8111.