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SMART: SCOTLAND

Last published SMART feasibility terms: up to GBP 100,000, covering up to 70% of eligible costs for a small enterprise or 60% for a medium enterprise; current route closed · Scottish Enterprise

SMART: SCOTLAND is a grant programme from Scottish Enterprise for Scotland-based SMEs undertaking high-risk, highly innovative feasibility R&D Current lifecycle: closed. Real economics: Last published SMART feasibility terms: up to GBP 100,000, covering up to 70% of eligible costs for a small enterprise or 60% for a medium enterprise; current route closed.

Tier 3governmentscotlandgrantnon-dilutive

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Key facts

FunderScottish Enterprise
AmountLast published SMART feasibility terms: up to GBP 100,000, covering up to 70% of eligible costs for a small enterprise or 60% for a medium enterprise; current route closed
Decision timeThe closed route used enquiry, application, case-officer support, intensive due diligence and a worldwide patent search. No next-fund decision timetable is published.
EligibilityCurrently not actionable. Last published rules targeted Scotland-based SMEs, university spin-outs and individuals undertaking technically risky, commercially oriented feasibility work with private match funding, adequate team/resources, financial viability and ownership/rights to required and generated IP.
RestrictionsLast published awards paid one third upfront and the balance quarterly in arrears. A dedicated grant manager reviewed claim forms and evidence; approved claims were released within 30 days. Awardees also had Fair Work and 2045 net-zero-plan obligations. Last published support covered 6–18 month technical feasibility studies with a commercial endpoint. The project needed private match funding and had to fit Scottish economic-transformation priorities; future successor rules may differ.
Statusclosed

Always confirm on the official page before applying — dates and terms change.

Application process

  1. Wait for the announced late-autumn 2026 successor fund and verify its rules
  2. Under the last SMART route, submit an initial enquiry
  3. Submit an application and supporting documents with a case officer
  4. Undergo intensive technical, financial and IP due diligence plus a worldwide patent search
  5. If approved, sign the contract before starting
  6. Submit evidence-backed claims through a dedicated grant manager

Background

Scottish Enterprise operates SMART: SCOTLAND. The official-source pass records the actual access gate, economics, constraints, application burden and current lifecycle instead of treating the umbrella headline as an unrestricted grant. Last published terms offered one-third upfront payment and evidence-backed quarterly claims Scottish Enterprise explicitly closed the route and announced a replacement fund for late autumn 2026

How the application really works

Wait for the announced late-autumn 2026 successor fund and verify its rules → Under the last SMART route, submit an initial enquiry → Submit an application and supporting documents with a case officer → Undergo intensive technical, financial and IP due diligence plus a worldwide patent search → If approved, sign the contract before starting → Submit evidence-backed claims through a dedicated grant manager

Tips

Watch out for

Track record

No application or award denominator is published; the route is currently closed.

Frequently asked questions

Is this actionable now?
closed. SMART: SCOTLAND is on hold and not accepting applications. Scottish Enterprise says a new innovation fund is expected in late autumn 2026, but no successor application date is published.
What is the real economic value?
Last published SMART feasibility terms: up to GBP 100,000, covering up to 70% of eligible costs for a small enterprise or 60% for a medium enterprise; current route closed
Who is eligible?
Currently not actionable. Last published rules targeted Scotland-based SMEs, university spin-outs and individuals undertaking technically risky, commercially oriented feasibility work with private match funding, adequate team/resources, financial viability and ownership/rights to required and generated IP.
How does selection work?
Wait for the announced late-autumn 2026 successor fund and verify its rules; Under the last SMART route, submit an initial enquiry; Submit an application and supporting documents with a case officer; Undergo intensive technical, financial and IP due diligence plus a worldwide patent search; If approved, sign the contract before starting; Submit evidence-backed claims through a dedicated grant manager. The closed route used enquiry, application, case-officer support, intensive due diligence and a worldwide patent search. No next-fund decision timetable is published.
What burden and restrictions apply?
Last published awards paid one third upfront and the balance quarterly in arrears. A dedicated grant manager reviewed claim forms and evidence; approved claims were released within 30 days. Awardees also had Fair Work and 2045 net-zero-plan obligations. Last published support covered 6–18 month technical feasibility studies with a commercial endpoint. The project needed private match funding and had to fit Scottish economic-transformation priorities; future successor rules may differ.
What official evidence exists?
Last published terms offered one-third upfront payment and evidence-backed quarterly claims Scottish Enterprise explicitly closed the route and announced a replacement fund for late autumn 2026 No application or award denominator is published; the route is currently closed.

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Sources