Table 4: Financial Assistance for Innovation and Product Development

Table 4: Financial Assistance for Innovation and Product Development

Source

Type

Scale of assistance

Grant

Equity

SALE

Small Company Innovation Grant Scheme

HIE

HIE Ventures - HIE with Aberdeen Asset Managers Ltd, Bank of Scotland and Objective One funding. Venture capital of up to £250,000, for smaller businesses

SEELLD*

SPUR – open only to companies of 50 to 249 employees. Grants up to £150,000

National scheme.

SEELLD*

SPURplus – open to SMEs seeking to develop international leading edge technology. Grants up to £450,000

National scheme.

SEELLD*

SMART: SCOTLAND – a competitive grant scheme for small businesses developing products of national economic benefit

National scheme.

SERAD**

Innovative Fisheries Measures

National scheme.