SMART Scotland: R&D grant

SMART: Scotland provides 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 in all sectors that have a commercial endpoint.

1. Feasibility studies - A feasibility study is carried out as an early stage of an R&D project, to see if the new product or process will work in the real world.
2. R&D Projects - This covers projects that aim to develop a pre-production prototype of a new product or process.
 
Type of funding Allocation of project costs Amount available Project duration Funding payment
Feasibility Studies 70% for a small enterprise*
60% for a medium enterprise*
£100,000 6-18 months 1/3 upfront then quarterly arrears
R&D Projects 35% for all SMEs £75,000 - £600,000 6-36 months Quarterly arrears

For further information, please contact a member of our team.