Scottish Grants
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Awards for All
Awards for All gives grants of between £500 and £10,000 for people to take part in art, sport and community activities, and projects that promote education, the environment and health in the local community. You can apply for a grant from Awards if:
You are a not-for-profit / voluntary and community sector group, community council, statutory body or school.
You have a bank account requiring at least 2 unrelated people to sign cheques or make withdrawals
You have a management committee of 3 or more unrelated members
You can spend the grant within 1 year.
For further information: www.awardsforall.org.uk/scotland/summary.html
Business Gateway
The Grants & Support Directory, allows you to search for sources of help with starting up, running or developing your business. Support may be available in a number of forms, including financial assistance and free or subsidized services which provide advice.
Many grants and support schemes are made available for specific activities or initiatives. These schemes are not necessarily dependent on the nature of your business, but for the purpose for which you wish to use the funding or support. While many schemes are available nationally, some are targeted locally. For example, regions that want to stimulate economic growth may have a greater variety of schemes on offer. In addition, the terms and values of grants can vary between regions.
For more information:
Knowledge Transfer Partnership
KTP is a UK wide
programme helping businesses to improve their competitiveness and
productivity through the better use of knowledge, technology and
skills that reside within the UK knowledge base. There are 3
principle players within a partnership:
Company partner - usually a company (including not for profit) but in some cases it can be a health or education organization or local authority. KTP supports a broad cross section of UK firms, regardless of size.
Knowledge-base partner – this is a higher education institution (e.g. university), college or research organization (public or privately funded)
KTP Associates – Each partnership employs one or more high calibre Associates (recently qualified people), transferring the knowledge the company is seeking into the business via a strategic project.
A KTP is part-funded by a government grant. A Small to medium sized enterprise (SME) would expect to contribute about a third of the costs involved in the project. The average annual contribution to a project for a SME would be from around £20,000.
For further information: www.ktponline.org.uk
NESTA Starter for 6 Programme
Nesta is the National Endowment for Science, Technology and the Arts, a unique and independent body with a mission to make the UK more innovative.
Over the last 3 years around 250 creative individuals have been supported, providing them with a tailored business support package including enterprise training, peer mentoring and grants of up to £10,000.
Now in its final year for starter for 6 – an enterprise training programme that supports up-and-coming creative entrepreneurs across Scotland. Nesta in Scotland has created a Creative Enterprise Toolkit for trainers, lecturers and those who work with creative start-ups – packaging up their knowledge, training plans and exercises, case studies etc.
It has been confirmed that the Scottish Government through Creative Scotland will continue the funding of the starter for six programme from next year onwards.
For more information contact: www.nesta.org.uk/starter-for-6
Princes Scottish Youth Business Trust
PSYBT is part of the Prince’s Charities, the largest multi-cause charitable enterprise in the UK. Raising over £100 Million annually. Active across a broad range of areas including opportunity and enterprise, education, health, the built environment and the arts. The PSYBT is firmly established throughout Scotland in 18 Regions, and is responsible for organizing pre-start training and aftercare support for you people. The aim is to provide essential finance and professional support to young people in Scotland aged 18-25, whoever they are and wherever they come from, so that they can set up and run their own business. The trust has particular concern for the disadvantaged.
For more information: www.psybt.org.uk/startup.aspx
Royal Society of Edinburgh Enterprise Fellowships
The enterprise fellowship programme is funded by Scottish Enterprise and delivered by the Royal Society of Edinburgh. Enterprise Fellowship Companies are highly regarded as:
they attract a high level of funding from private sector investors
the majority of companies are enjoying steady growth
most companies are successful
If you want your salary paid for a year, business training to help you take your idea forward, a business development fund to help you get things moving and access to networks of mentors, business experts and professional advisers then contact the website below for more information:
For further information: www.scottish-enterprise.com/se-enterprise-fellowships
Regional Selective Assistance
RSA is the main investment grant scheme for businesses in designated areas of Scotland (the ‘assisted areas). The amount of grant offered towards an eligible project depends on a number of factors including, size of project, size of company, number of jobs created or safeguarded, the quality and type of these jobs.
The amount of RSA potentially available towards a project can be calculated either by applying the appropriate aid limit to eligible capital expenditure or the first 2 years salary costs of the project jobs. The grant is discretionary and the level offered within the EC limits depends upon the assessment of how much is needed to make sure that the project goes ahead. RSA is available to limited companies, sole traders, or partnerships. In order to qualify for RSA, the project must meet all of the following criteria:
Must take place in an assisted area.
Must directly create or safeguard jobs within the business
Must not be simply offset by job losses elsewhere in the assisted areas.
Must involve an element of capital expenditure
Must along with the underlying business be financially viable
Must be mainly funded from the private sector
Must need RSA to enable it to proceed
For further information contact: www.scottishbusinessgrants.gov.uk/rsa/173.html
Scottish Arts Council
Funding for Organisations is made available through the Capital Grants scheme. The aim of the fund is to help create opportunities for people to participate in the arts across Scotland by investing in new equipment and improving arts facilities.
Applications will be accepted for both equipment and/or minor building work:
New equipment to support participation in the arts and artistic production
Minor building work and fit-out of spaces
Level of grants available are: £10,000 - £100,000.
For further information: www.scotisharts.org.uk/1/funding/apply/organisations/capital.aspx
Scottish Executive SMART Scotland – Feasibility Study
SMART:SCOTLAND provides financial assistance to SMEs to help support projects, which represent a significant technological advance for the UK sector or Industry concerned. The programme can provide grant assistance to support:
Technical and commercial feasibility studies. These would involve early state 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.
Individuals planning to set up a business and SMEs are eligible provided that they are based in Scotland or planning to set up in Scotland and University spin-out companies are welcome in the programme. SMEs must meet the European Community of a SME:
have less than 250 employees (full time equivalent world-wide including partners and executive directors) and have either:
an annual turnover not exceeding EUR 50 million and/or
an annual balance sheet total not exceeding EUR 43 million.
For more information: www.scottishbusinessgrants.gov.uk/rsa/1019.213.214.html
Scottish Executive SMART Scotland – R & D Projects
Support for Research & Development projects is available on a discretionary basis at 35% of the eligible project costs. Projects must last between 6 and 36 months and the maximum grant is £600,000. Grant is normally paid quarterly in arrears and minimum project costs are £75,000. Any SME that meets the SMART:SCOTLAND eligibility criteria may apply for a SMART Research & Development Grant, irrespective of whether they receive support under SMART for a Feasibility study.
For more information: www.scottishbusinessgrants.gov.uk/rsa/1020.213.215.html
Scottish Enterprise Proof-of-Concept Program
The purpose of the Proof of Concept Programme is to create new high-growth technology companies based in Scotland. The POCP supports the pre-commercialisation of leading edge technologies emerging from Scotland’s Universities, Research Institutes, and NHS boards. It helps researchers to export their ideas and inventions from the lab to the global marketplace. The programme finances projects with a strong commercialization potential and is not another source of research funding. Many of these projects contain a high element of risk. In funding these projects a significant amount of resource (both financial and in personnel) is committed from Scottish Enterprise to enable the projects to realize their potential.
For more information: www.scottish-enterprise.com/proofofconcept
UnLtd
Unltd’s Millennium Awards provide practical and financial support to social entrepreneurs in the UK; people with vision, passion, drive and commitment, who want to change the world for the better. The awards are funded by the income from a legacy of £100 Million granted by the Millennium Commission. UnLtd currently offers 2 levels of award:
Level 1 awards are designed to help new ideas become real projects. UnLtd gives out 1,000 Level 1 awards each year across the UK. Awards are aimed at individuals or informal groups of people who have an idea and want help getting it off the ground. The money is to help with the running cost of the project. Awards are between £500 and £5,000.
Level 2 awards support people who ideas are already developed or pay for the living expenses of Award winners to help them devote more time to their projects. These awards are given out once in the Spring and once in the Autumn. These awards are up to £15,000.
For further information: www.unltd.org.uk
Updates
If you are aware of any updates required to the information on this page or know of other grants that exist for Scottish businesses, please use the Comment box below.
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