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SMART: SCOTLAND Grant
The SMART: SCOTLAND grant is one of Scottish Enterprise's research and development (R&D) grants that aims to support high-risk, highly ambitious projects. It provides support to conduct feasibility studies for small and medium enterprises (SMEs) based in Scotland, and supports activities that have a commercial endpoint. The grant helps businesses show their idea could work in the real world through technically focused feasibility studies. The business must own any intellectual property (IP) generated from the project. The program is looking for projects that fit with economic transformation priorities, including creating an internationally competitive energy transition industry in Scotland, driving capital investment to deliver a step-change in Scotland's productivity, and scaling the impact of Scotland's innovation strengths into high-growth industries of the future such as space, industrial biotech, life sciences (human health), fintech, and critical technologies like quantum, photonics, and semiconductors.
CARES Development Fund
The CARES Development Fund is designed to help communities take that first step on their community energy journey. The fund is open to communities who are at the start of their community-owned energy or shared ownership journey. It provides support for early-stage capacity building activities including raising awareness of energy project ideas, completing options appraisals to understand the types of projects communities might carry out, completing first step feasibility studies, and funding for some staff time to progress ideas. Examples of supported activities include funding for events, community consultations, community energy plans or action plans, renewable energy option appraisals, initial legal advice, and support for part-time or temporary staff or development officers. The fund is part of the Scottish Government's Community and Renewable Energy Scheme (CARES), which supports community organisations to engage with, participate in, and benefit from the transition to net zero emissions.