Scottish Enterprise Innovation Fund
Grants of up to 50% of eligible costs (max £50,000) for companies developing new products. Projects have to be innovative and involve a degree of technical risk. The project must be an innovative development of a product or process new to the company. Funding will support market research, product development up to pre production prototype stage and marketing activity. The applicant must own or, have the rights to exploit, the intellectual property rights.
|
SMART:SCOTLAND
SMART:SCOTLAND is intended to help small and medium-sized businesses to improve their competitiveness by developing new, highly innovative and commercially viable products or processes to the benefit of the national economy. Individuals and SMEs based in Scotland or planning to set up in Scotland can receive support for Technical and Commercial Feasibility Studies lasting between 6 - 18 months. The maximum grant award available is £70,000 representing 75% of the eligible project costs. A Research and Development grant of 35% of eligible project costs, up to a maximum grant of £600,000, is also available to SMEs to develop a pre-production prototype. Projects must last between 6 - 36 months. Both Feasibility Studies and Research and Development projects must involve a significant technological advance for the UK industry or sector concerned. For more information click here.
|