SMART (Scottish Business Grant)
- SMART (Scottish Business Grant)
SMART: SCOTLAND is a high profile innovation support grant scheme in Scotland aimed at small and medium-sized firms. It supports commercially viable projects which represent a significant technological advance for the UK sector or industry concerned.
The SMART grant supports technology development through:
* Technical and Commercial Feasibility Studies. These should involve early stage R&D, the outcome of which will enable informed decisions on the technical and commercial feasibility of a new product or process.
* Research and Development Projects that aim to develop a pre-production prototype of a new product or process.
Criteria
Applicants must be based in Scotland or planning to set up in Scotland and must meet the European Community definition of a small and medium-sized enterprise which in summary means they must:
* have less than 250 employees (full-time equivalent world-wide, including partners and executive directors) and have either
* an annual turnover not exceeding EUR 50 million and/or
* an annual balance sheet total not exceeding EUR 43 million.
Awards are judged according to technological, intellectual property, financial and commercial aspects of the application as well as the management expertise available to the business. In addition other aspects such as the project's implications on society such as environmental impact, sustainability and health and safety may be taken into account.
History
The grant was launched in Scotland as SMART in 1999 and by April 2007 grants had been given to almost 400 businesses across Scotland amounting to some £4.7 million funding. [http://www.scotland.gov.uk/News/Releases/2006/01/26121910] In April 2007 SMART was relaunched [http://www.ettc.co.uk/news/detail.asp?newsid=4354] as the "SMART:SCOTLAND" Programme .
ee also
* Innovation
* Scottish Government
* Scottish Executive Enterprise, Transport and Lifelong Learning Department
* Economy of Scotland
* SMART (Northern Irish Business Grant)
External links
* [http://www.scottishbusinessgrants.gov.uk/ Scottish Executive SMART:Scotland]
* [http://thescotsman.scotsman.com/business.cfm?id=478512007 Scotsman Paper article]
* [http://www.scottishexecutive.gov.uk/Publications/2004/05/19368/37327 Scottish Executive]
* [http://www.businesslink.gov.uk/bdotg/action/detail?type=RESOURCES&itemId=1074469930 DTI advice on R&D grants]
* [http://www.dti.gov.uk/innovation/index.html Welcome to the DTI's Innovation Home Page]
Wikimedia Foundation.
2010.
Look at other dictionaries:
SMART (Northern Irish Business Grant) — The Small Firms Merit Award for Research and Technology (SMART) programme in Northern Ireland gives funding and assistance to individuals and small businesses for research in the field of innovation.tructure of Invest Northern IrelandSMART is one … Wikipedia
Smart — usually means highly intelligent. Smart or SMART may also refer to:People: *Christopher Smart, English poet *Amy Smart, an American actress and former fashion model. *J. J. C. Smart, a Scottish professor of philosophy *Jean Smart, an American… … Wikipedia
Business and Industry Review — ▪ 1999 Introduction Overview Annual Average Rates of Growth of Manufacturing Output, 1980 97, Table Pattern of Output, 1994 97, Table Index Numbers of Production, Employment, and Productivity in Manufacturing Industries, Table (For Annual… … Universalium
Hugh Grant — Infobox actor imagesize= caption=Grant at the 2007 Alfred Dunhill Links Championship in St Andrews, Scotland birthname=Hugh John Mungo Grant birthdate=birth date and age|1960|9|9|mf=y birthplace=Hammersmith, London, England occupation=Actor, Film … Wikipedia
United Kingdom grant aid — The Assisted Areas of Great Britain are based upon a map drawn up and agreed with the European Commission in October 2006. The map was approved by the European Commission in December 2006 and will run from 2007 until 2013.Under new EU guidelines … Wikipedia
Death of Kurt Cobain — Kurt Cobain was found dead at his home located at 171 Lake Washington Boulevard in Seattle, Washington, United States on April 8, 1994. Cobain, the lead singer of the American grunge band Nirvana, had checked out of a drug rehabilitation facility … Wikipedia
performing arts — arts or skills that require public performance, as acting, singing, or dancing. [1945 50] * * * ▪ 2009 Introduction Music Classical. The last vestiges of the Cold War seemed to thaw for a moment on Feb. 26, 2008, when the unfamiliar strains … Universalium
2000 New Year Honours — The insignia of the Grand Cross of the Order of St Michael and St George: Andrew Wood was awarded the Grand Cross in this Honours list. The New Year Honours 2000 for the United Kingdom were announced on 31 December 1999, to celebrate the year… … Wikipedia
United Kingdom — a kingdom in NW Europe, consisting of Great Britain and Northern Ireland: formerly comprising Great Britain and Ireland 1801 1922. 58,610,182; 94,242 sq. mi. (244,100 sq. km). Cap.: London. Abbr.: U.K. Official name, United Kingdom of Great… … Universalium
literature — /lit euhr euh cheuhr, choor , li treuh /, n. 1. writings in which expression and form, in connection with ideas of permanent and universal interest, are characteristic or essential features, as poetry, novels, history, biography, and essays. 2.… … Universalium
