If you have an innovation project that represents a significant technological advance within your industry, it may qualify for a SMART: SCOTLAND grant. The grants support technical and commercial feasibility studies and R&D projects.
More about SMART: SCOTLAND funding
Our R&D Grant supports industrial research and experimental development. All enterprises can apply for funding, even if the project is new only to your business and not within a national context.
More about our R&D Grant
Seventh Research Framework Programme (FP7)
An inspired idea can lose momentum if it exists in isolation. There are grants available from FP7 that encourage Europe-wide collaboration and the sharing of knowledge as a route to successful innovation.
More about the Seventh Research Framework Programme (FP7)
Technology Strategy Board (TSB)
A programme of funding is available from the Technology Strategy Board (TSB) which supports innovative business ideas. The TSB also has an advisory role and identifies sectors which would benefit from innovation.
More about the TSB on the Department for Business, Enterprise and Regulatory Reform website
Research and development (R&D) tax credits
R&D tax credits were introduced to increase investment in innovation. You may qualify for tax credits if you are looking for funding for an innovative business idea.
More about R&D tax credits