Grants for feasibility studies and new technologies

Support provided by Scottish Enterprise Highlands and Islands Enterprise South of Scotland Enterprise

What does this involve?

Discover how a SMART: SCOTLAND grant can help you develop a pre-production prototype and assess if it is ready for market.

The grant can be used for:

  • up to 70% of feasibility costs for small SMEs and 60% for medium-sized SMEs
  • feasibility projects that last between six and 18 months up to a maximum of £100,000
  • R&D grants up to 35% of the project cost to a maximum of £600,000
  • R&D projects that last between 6 and 36 months
  • projects that provide evidence to support their claim

Am I eligible?

Yes, if you:

  • are doing research and development (R&D) on projects with a commercial endpoint
  • are looking to advance technological innovation for the UK industry or sector you work in
  • own, or have the rights to exploit, the intellectual property required to undertake the project
  • can demonstrate how commercial prospects for the product or process will be achieved
  • can demonstrate realistic and effective routes to market
  • have the necessary management and technical expertise and resources to make the project a success
  • can show that both the project and the business are financially viable
  • can prove that financial assistance from SMART: SCOTLAND is essential for success

What does this cost?

There is no cost to apply.

Who is this for?

Small to medium-sized VAT registered businesses or social enterprises in Scotland, who are designing and developing a new product, service or process.

How long does this take?

Once you’ve submitted your enquiry, you should hear back from us within 3 days (excluding weekends).

You'll then be asked to submit a full application. We’ll provide a case officer, who will help you through the whole process.

We’ll also commission a worldwide patent search to assess the level of innovation in your project and confirm it does not infringe any other intellectual property.

Important information

Your project must show:

  • an advance in technological innovation for the UK industry or sectors
  • the risks and challenges associated with defining and developing the technology

Also, while patent protection isn't essential, it’s important that you demonstrate that you will own all IP generated through the project. You'll also need to tell us how you will protect that IP.

Next steps

Submit an enquiry and an adviser will be in touch to talk through your options and help you apply for funds.

Support provided by Scottish Enterprise Highlands and Islands Enterprise South of Scotland Enterprise

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