R & D Funds
The Scottish Government recognises that science, engineering and technology will continue to underpin our national competitiveness. Knowledge and skills in these areas are becoming increasingly vital to Scotland as our businesses become even more dependent on high-value added and knowledge-based products, processes and services.
There is a range of R&D funding available to Scottish based companies. Details can be found on the Scottish Business Grants website.
SMART : SCOTLAND
This programme which provides grants up to £50,000 aims to help small businesses to improve their competitiveness by developing new, highly innovative and commercially viable products or processes to the benefit of the national economy.
It is a competition open to individuals planning to start a new business and to existing small independent firms and groups with fewer than 50 employees.
Successful applicants will receive funding of 75 per cent of the cost of carrying out a technical and commercial feasibility study lasting between 6-18 months.
R&D for Business
The R&D Grant supports businesses developing new products, processes and services to improve company competitiveness and to benefit the Scottish economy.
Assistance is available to businesses of all sizes located within the Scottish Enterprise Network area or those planning to establish a base here. If you are a business within the Highlands and Islands Enterprise (HIE) area you should contact HIE.
Regional Selective Assistance
Regional Selective Assistance (RSA) is the main investment grant scheme for businesses in designated areas of Scotland (the 'assisted' areas).