SMART and SPUR Awards
From Entrepedia: The Entrepreneurship Wiki
- Run by the Scottish Executive
- ~GBP 70K, requires 25% matched funding
- Aim: Support small businesses to improve their competitiveness by developing new, highly innovative and commercially viable products or processes to the benefit of the national economy
- Open to startups (individuals or teams) and existing small firms (less than 50 employees)
- Lead time of ~6 months
- The level of bureaucracy for this award is ridiculous (including two independent audits).
SPUR and SPURplus Awards
- ~GBP 140K
- For companies developing, up to the pre-production prototype stage, a new product or process which involves a significant technical advance
- SPURplus grants available for small and medium sized businesses attempting to develop world-beating products and processes for markets
- Open to all small and medium sized companies (less than 250 employees)
University of Edinburgh 2005/2006 SMART award companies:
- Conversatec Ltd
- Edinburgh Robotics Ltd
- Ingenza Ltd
- LUX Biotechnology Ltd
- Mobile Acuity Ltd
- CereProc Ltd
- Ice Robotics Ltd
- Professional Scientific Ltd
- Pufferfish Ltd
SMART Award Case Studies: [1]
