SPUR & SPURPlus Schemes
SPUR Is an another R&D support scheme run by the Scottish Executive whose aim is to help SME’s undertake highly innovative research and technical development by developing new products and processes to the benefit of the national economy. It does this by providing grants of up to £150,000 to single companies on a discretionary basis for development up to pre-production prototype stage of a new product or process which involves a significant technological advance.
SPURPlus A limited number of these grants of up to £500,000 are available for those SME’s who attempt to develop world-beating products and processes for markets, such as telecommunications and biotechnology, which demand particularly expensive leading edge technology.
Eligible project costs for the both schemes must normally be at least £1 million, and the grant rate is at 35%.
For further information see www.scotland.gov.uk
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