SMART: SCOTLAND provides discretionary grants to Small to Medium Enterprises (SMEs) based in Scotland. The grant helps you undertake technical feasibility studies and research and development (R&D) projects with a commercial endpoint.
Feasibility studies
This covers early stage proof of concept R&D, that enables informed decisions on the technical feasibility of a new product or process. We can support up to 75 percent of the eligible project costs. Projects must last between 6 and 18 months, and the maximum grant is £100,000. One third of the grant is paid upfront when the project starts. The remainder is paid quarterly in arrears against claims submitted.
R&D projects
This covers projects that aim to develop a pre-production prototype of a new product or process. Support is available at up to 35 percent of the eligible project costs. Projects must last between 6 and 36 months, and the maximum grant is £600,000. The grant is paid quarterly in arrears and minimum total project cost is £75,000.
Who have we funded?
Read about previous SMART: SCOTLAND success stories and reports of all grants previously awarded in our resource library
Or read the latest SMART: SCOTLAND annual report
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