High-Growth Spinout Programme
Last Updated: 12 Jan 2024
Contents
Support provided by Scottish Enterprise
What does this involve?
The High-Growth Spinout Programme (HGSP) provides funding to support the commercialisation of advanced technologies developed at Scotland's universities, research institutes and NHS boards. The objective is to create new high-growth companies with the potential to generate significant economic impact in Scotland.
The purpose of the funding is to address gaps in the business plan for the prospective technology. The grant can support up to 100% of the direct costs of a project, up to a maximum of £75,000.
Supported activities include, but are not limited to:
- the appointment of an experienced commercial champion to lead and manage commercial engagement
- technology de-risking through prototyping
- investor engagement
- market research
- regulatory assessment
- intellectual property strategy development
You are encouraged to speak to a member of the HGSP team before you draft and submit your application.
Am I eligible?
This call is open to all universities, research institutes and NHS boards in areas of Scotland served by Scottish Enterprise. This includes Aberdeen City and Shire, the east of Scotland, Tayside and the west of Scotland.
What does this cost?
This is a free service.
Who is this for?
Researchers, academics and clinicians in Scottish universities, research institutes and NHS boards based in Scotland.
How long does this take?
Scottish Enterprise will aim to reach a decision on your application within 3 weeks of submission.
Please check with the HGSP team for the latest submission deadlines.
Important information
You are encouraged to speak to a member of the HGSP team for more information.
Successful projects may be eligible to apply for further funding through the HGSP in future.
Next steps
Submit an enquiry and an adviser will be in touch to discuss your needs.
Support provided by Scottish Enterprise