DCDOMINUSConsultancy

Funding · 24 September 2026 · 2 min read

Non-dilutive funding: the incentives scale-ups overlook

Equity is the most expensive way to fund growth. Yet many companies never check whether they qualify for public funding that does not dilute ownership.

The main families of incentives

  • R&D and innovation tax credits. Available in a number of European countries for qualifying research and development activity, including software and engineering work.
  • Innovation and export grants. Regional, national and EU-level programmes that co-finance projects.
  • Energy-efficiency certificates. In some jurisdictions, energy-saving works generate certificates that can be monetised.
  • Local incentive programmes. The UAE and wider GCC offer programmes for specific sectors, locations and activities, which change over time.

Why companies miss out

  1. Awareness. Teams do not realise their normal work qualifies.
  2. Documentation. Claims need technical and financial evidence gathered as work happens, not months later.
  3. Timing. Many programmes have deadlines or look-back limits.

How to assess eligibility

Start with three questions: which legal entities do we have and where, what are we building or improving that is new to us or the market, and what did it cost? A short screen against relevant programmes will tell you quickly whether a full application is worthwhile.

Manage risk honestly

Any claim can be reviewed by the authority. Good preparation - clear narrative, evidence trail, consistent accounting - is the best protection.

Eligibility depends on your circumstances and the rules in force. This article is general information, not tax or legal advice.

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