Funding Innovation 
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SPUR AND SPURPlus
Awards
SPUR is a research and development support scheme provided
by the Scottish Government aimed a small and medium sized
businesses in Scotland.
It aims is to help small and medium-sized businesses improve
their competitiveness by developing new products and processes
and provides grants on a discretionary basis for development
up to pre-production prototype stage of a new product or
process as long as it involves a significant technological
advance. The grant provides 35% of eligible project costs
up to a maximum grant of £150,000.
A limited number of SPURPlus awards are also available for
small and medium-sized businesses attempting to develop
world-beating products and processes. These are targeted
at markets such as telecommunications and biotechnology,
which demand particularly expensive leading edge technology.
The grant provides 35% of eligible project costs up to a
maximum grant of £450,000.
Both
schemes are open to established independent businesses in
Scotland if they have between 50 and 249 employees and meet
set financial criteria.
Further
information: http://www.scotland.gov.uk/library5/lifelong/spur03-01.asp

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