Definition of Smart (scottish business grant)

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SMART (Scottish Business Grant)
SMART: SCOTLAND is a high profile innovation support grant scheme in Scotland aimed at small and medium-sized firms. It supports commercially viable projects which represent a significant technological advance for the UK sector or industry concerned.

The SMART grant supports technology development through:

  • Technical and Commercial Feasibility Studies. These should involve early stage R&D, the outcome of which will enable informed decisions on the technical and commercial feasibility of a new product or process.
  • Research and Development Projects that aim to develop a pre-production prototype of a new product or process.

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