SMART: SCOTLAND provides grants to Small to Medium Enterprises (SMEs) based in Scotland. The grant helps you undertake technical feasibility studies and research and development (R&D) projects that have a commercial endpoint. This covers projects that aim to develop a pre-production prototype of a new product or process. Support is available at up to 35% of the eligible project costs. Projects must last between 6 and 36 months, and the maximum grant is £600,000. The grant is paid quarterly in arrears and minimum total project cost is £75,000.