Scotland

SMART

SMART provides financial assistance to SMEs to help support projects, which represent a significant technological advance for the UK. SMART also supports Research and Development Projects that aim to develop a pre-production prototype of a new product or process.

  • Feasibility studies: 75% funding up to £70,000
  • Research and Development: 35% Funding up to £600,000

R&D for Business Grant

The R&D Grant supports businesses developing new products, processes and services to improve company competitiveness and to benefit the Scottish economy.

  • SMEs: 35% Funding up to £40,000; 25% Funding above £40,000
  • Large Companies: 25% Funding

Innovation Support

Innovation support provides assistance to SMEs located in Scotland or planning to establish a base in Scotland for market research, product development and market launch.

  • Funding: 30% Funding up to £30,000

Regional Selective Assistance

RSA is aimed at encouraging investment and job creation in the areas of Scotland designated for regional state aid under European Community Law. Businesses of all sizes can apply for RSA, whether they are Scottish-owned or owned or headquartered outside Scotland.

Technology Transfer Opportunity Mechanism (TTOM)

TTOM encompasses emerging technologies in sectors such as Energy, Life Science, Digital Media, Enabling Technologies (including optoelectronics, electronics, microelectronics and software) and Sustainable Transport Awards are through a quarterly call.

EDTC Award

Awards are open to all sectors for product development and are issued via an open call with no specific deadlines.

Innovation Voucher Scheme

The proposed collaborative project should lead to new products and processes that will benefit the business, the institution and the Scottish economy.

RENEWNET

Available to companies working in the area of renewable devices or services.