Section: Digital

Here you will find a brief overview of funding opportunities potentially relevant to social enterprises only.

Direct weblinks to these are located in the ‘Resources’ section at the end of this article.

Tackling disease with healthcare innovations – Innovate UK Biomedical Catalyst

SMEs can apply for a share of up to £12 million to develop or test innovative ways of diagnosing, preventing and treating disease.

  • Funding programme: Biomedical Catalyst
  • Organisation providing the funding: Innovate UK
  • Period the funding runs for: the deadline for applications is 7 February 2018.
  • Funding range:  from £200,000 to £1.5 million for primer awards and from £200,000 to £4 million for late-stage projects

 

By Design

Scottish Enterprise can offer funding to small to medium-sized businesses or social enterprises based in Scotland to support the design of a new product or service.

  • Funding programme: By Design
  • Organisation providing the funding: Scottish Enterprise
  • Period the funding runs for: ongoing
  • Funding range: £2,000 – £5,000

 

SMART: Scotland

This grant is appropriate for SMEs looking at technological innovation in general. It funds technical feasibility studies and research and development (R&D) projects that have a commercial endpoint.

  • Funding programme: SMART: Scotland
  • Organisation providing the funding: Scottish Enterprise
  • Period the funding runs for: ongoing
  • Funding range: up to £100,000 for feasibility studies / £75,000 – £600,000 for R&D projects

 

R&D Grant

Through this grant, Scottish Enterprise can fund the Research & Development stage for Scottish businesses and social enterprises looking at developing new products, processes and services to improve company competitiveness and to benefit the Scottish economy.

Funding programme: Research and Development (R&D) Grant

Organisation providing the funding: Scottish Enterprise

Period the funding runs for: ongoing

Funding range: up to 50% of project costs

 

 

Innovation Vouchers scheme

The Innovation Vouchers Scheme finances the academic component of projects only, with social enterprises being required to contribute equivalent in an equal value in cash or in kind (such as staff time, materials or equipment) or a combination of both. The Scheme aims to aid and encourage businesses collaborating with Scotland’s universities or further education colleges to develop new products, services and processes through R&D projects.

Funding programmes: Standard Innovation Vouchers, Student Placement Innovation Vouchers, Follow On Innovation Vouchers

  • Organisation providing the funding: Scottish Funding Council / Interface
  • Period the funding runs for: Ongoing for Standard and Student Innovation vouchers. Application dates for Follow-on Innovation vouchers: 10 November 2017, 12 January 2018, 9 March 2018.
  • Funding range: £1,000 – £20,000
  • Contactapplications@interface-online.org.uk

 

Horizon 2020 SME Engagement Scheme

This fund aims to encourage Scottish SMEs and academics to engage more effectively with European Funding by scoping and defining an opportunity for applications for the €70 billion Horizon 2020 European Funding programme. As above, it finances academic component only. Social enterprise must contribute equivalent in an equal value in cash or in kind (such as staff time, materials or equipment) or a combination of both.

  • Funding programme: Horizon 2020 SME Engagement Scheme
  • Organisation providing the funding: Scottish Funding Council / Interface
  • Period the funding runs for: applications due 6 months before Horizon 2020 bid.
  • Funding range: up to £5,000
  • Contactapplications@interface-online.org.uk
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