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Unlocking R&D Incentives to Fuel AI-Driven Sports Medicine

BrainCast
BrainCast logo

Industry

AI Sports Medicine Technology

Customer Profile

BrainCast is a startup founded by experts in computational neuroscience and traumatic brain injury research, developing AI-powered software that identifies biomarkers for head injuries.

Market

Australia

Ascentium Services

R&D Tax Incentive

Customer Since

2024
"When you’re dealing with government processes, you really need the assistance of a professional, well-oiled machine to smooth the processes out, which Ascentium provided."
Dr. Govinda Poudel,
Chief Technical Officer

BrainCast

Challenge

BrainCast is a startup founded by experts in computational neuroscience and traumatic brain injury research. The team developed AI-powered software to identify biomarkers for head injuries, addressing a key gap in research translation for sporting organisations and radiology providers.

Medical R&D is costly, and accessing government incentives required detailed documentation and clear reporting. With a busy internal team, BrainCast needed a practical framework that simplified compliance while reducing administrative effort.

The priority was clear: access the R&D tax incentive through an efficient process that accurately reflected the company's innovation, supported compliance requirements, and enabled the team to focus on advancing its technology and future growth.

Solution

  • Partnered with BrainCast in Australia through proactive engagement and effective communication.
  • Guided the team on the nature of information required for the R&D submission.
  • Helped collate complex experimentation into clear, concise language that translated policy requirements into tangible concepts.
  • Applied for R&D tax incentives effectively and efficiently.
  • Established an ongoing framework for consolidating R&D efforts into an easily communicable, impactful format.

Client Benefits & Advantages

  • Accessed the R&D tax incentive, realising the maximum benefit that reflects the depth of their innovation.
  • An ongoing framework for consolidating vast R&D into an easily communicable, impactful format.
  • Large stressors on the business reduced, bringing the company a step closer to greater stability.
  • Paying customers successfully onboarded.
  • Technology delivering valuable insights that help athletes and sports physicians proactively manage neurological health and prevent injuries.
  • Grown from technical innovators into an early-stage startup, ready to scale.

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