The high growth ventures development grant offers funding from £5,000 to £60,000 to early-stage businesses pay for key activities that support growth. 

It supports businesses that are developing their products, improving their business model and getting ready for investment and growth. 

Eligible activities include:

• specialist advice and external expertise
• business planning
• legal, intellectual property and specialist technical support
• product development and bringing a product to market
• marketing and testing demand in the market
• recruiting key staff or specialist roles needed for growth

The grant funding helps businesses move towards key milestones such as being ready for investment.

The level of funding depends on the nature of the project and the costs involved.

The grant can cover up to 50% of approved costs.

In some cases, where Minimal Financial Assistance (MFA) rules apply, it can cover up to 100% of approved project costs.

A Scottish Enterprise account manager or specialist adviser will explain this in more detail once eligibility has been confirmed. 

The business will need to pay for the project upfront, then submit a claim for approved costs by an agreed date. The business will need to cover the remaining costs from other sources. 

The grant will run up to 31 March 2027. 

A business is eligible if it:

• is based in Scotland
• already works with Scottish Enterprise through the high growth ventures or high growth company account managed support service
• is based in an area of Scotland served by Scottish Enterprise - that is, Aberdeen City and Shire, the east of Scotland, Tayside and the west of Scotland 
• has strong potential for innovation and growth

Eligibility is assessed through Scottish Enterprise's application and appraisal process, with support from an account manager. 

There is no cost to apply.

This support is for early-stage, high-growth account managed businesses in Scotland that are currently supported through Scottish Enterprise's high growth ventures or high growth company portfolios and have a strong potential to scale. 

The funding is only available during the current financial year.

Projects must be completed in full by 31 March 2027.

A Scottish Enterprise account manager or specialist will explain the process in more detail once eligibility has been confirmed. 

Funding is subject to subsidy control rules, including Minimal Financial Assistance limits. 

Submit an enquiry and an adviser will be in touch to discuss your needs.