Freedom of Information releases

SE grant to Swiipi Labs Ltd

SE grant to Swiipi Labs Ltd: FOI response (reference 4972)

Date received

20 April 2022

Date responded

18 May 2022

Information requested

Please provide me with all information regarding SE's grant of £500,000 to Swiipi Labs Ltd. 


Scottish Enterprise offered Swipii Labs Ltd. a Regional Selective Assistance (RSA) grant in 2016.

While the initial RSA grant offer was for £500,000 this was subsequently reduced to £350,000 and paid in four instalments throughout 2017.

There were several ongoing conditions attached to the Grant Agreement, with the company due to retain project assets and jobs until October 2021 and October 2022 respectively.

Swipii Labs Ltd. has since gone into liquidation. Scottish Enterprise is entitled to claim all the grant back as an unsecured creditor in a liquidation. A claim was lodged to recoup the £350,000 RSA grant on 8 March 2022.

Contact us

For further information please contact our communications team, quoting the FOI reference number.