Small Grants Scheme Questions
What is an Initial Technology Audit (ITA)?
What is a Technology Feasibility Study (TFS)?
How can I apply for an ITA or TFS?
Is our business eligible for the Small Grants Scheme?
Can you provide advice and assistance on completion of Government grants?
What is an Initial Technology Audit (ITA)?
An ITA allows a company and academic to work together to assess the viability of an innovation project.
An academic from one of the three project partners will undertake a one-day Initial Technology Audit and work closely with a company director to:
- Determine potential for collaboration
- Develop a better understanding of company requirements
- Identify problems and potential solutions
- Highlight further potential opportunities
In some cases projects will only require an ITA to determine if further exploration is necessary.
What is a Technology Feasibility Study (TFS)?
A TFS is a grant of up to £5000 or 50% of total project costs (whichever is the lesser) that allows an academic and company to hold a further, more detailed, investigation following an ITA.
The purpose of the TFS is to:
- Investigate commercial feasibility
- Research intellectual property position
- Assess technical feasibility
- Finance initial laboratory testing
- Design a framework for the project
In some cases, a project may have been identified and an individual TFS is required.
How can I apply for an ITA or TFS?
If you are interested in finding out if an ITA or TFS can do for you please contact Jamie Henderson, Innovation Portal Manager.
Is our business eligible for the Small Grants Scheme?
If your business is an SME based in Scotland then you may be eligible to receive an ITA or TFS if the project meets the SGS criteria.
Can you provide advice and assistance on completion of Government grants?
The Innovation Portal can provide advice and support about Knowledge Transfer Partnerships (KTPs), SMART awards and other sources of funding.