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  • Renewable Energy Investment Fund

    The Renewable Energy Investment Fund (REIF) provides financial assistance for projects that will:

    Geographical coverage: 
    National
    Budget: 
    Priority will be given to projects which require investment levels above £400,000 (the upper limit of the existing District Heating Loan Scheme)
    Sector of Activity: 
    Ocean renewable energy
    Research & innovation
  • Aquaculture, processing and marketing

    This application should be used for projects relating to:
    • innovation in aquaculture
    • productive investments in aquaculture
    • investments in aquaculture
    • management, relief and advisory services for aquaculture farms

    Geographical coverage: 
    National
    Budget: 
    As described in guidance
    Sector of Activity: 
    Marine aquaculture
  • Investments to shore based facilities

    This application should be used for projects relating to:
    • innovation in fisheries
    • improving the value of your fishery products, improving the quality of your fishery products, or how to use unwanted catches

    Geographical coverage: 
    National
    Budget: 
    As described in guidance
    Sector of Activity: 
    Fish for animal feeding
    Fish for human consumption
    Prevent and protect against illegal movement of people and goods
    Protection of habitats
    Traceability and security of goods supply chains
  • Marine environment and inland fishing

    This application should be used for projects relating to:
    • innovation in fisheries
    • conservation measures and regional cooperation
    • innovation linked to the conservation of marine biological resources
    • protection and restoration of marine biodiversity

    Geographical coverage: 
    National
    Budget: 
    As described in guidance
    Sector of Activity: 
    Fish for animal feeding
    Fish for human consumption
    Prevent and protect against illegal movement of people and goods
  • Fishing gear & energy efficiency

    This application should be used for projects relating to:
    • investments in equipment or on board aimed at reducing the emission of pollutants of greenhouses gases and increasing energy efficiency
    • new fishing gear contributing to energy efficiency

    Geographical coverage: 
    National
    Budget: 
    As described in guidance
    Sector of Activity: 
    Environmental monitoring
    Ocean renewable energy
  • Investments on board fishing vessels

    This application should be used for projects relating to:
    • diversification of income
    • improving health and safety
    • start-up support for young fishermen

    Geographical coverage: 
    National
    Budget: 
    As described in guidance
    Sector of Activity: 
    Environmental monitoring
    Prevent and protect against illegal movement of people and goods
    Protection of habitats
  • Scottish Venture Fund

    The Scottish Venture Fund invests in companies from start ups, early-stage to expanding businesses seeking funding to develop products and/or markets.

    Geographical coverage: 
    National
    Budget: 
    This fund can invest alongside private sector investors on equal terms, up to a maximum of 50% of the total funding package on a commercial basis. Provision from £10,000 up to £2 million, as part of a total deal size ranging from £20,000 to £10 million.
    Sector of Activity: 
    other
    Other Sector of Activity: 
    Support to SME
  • Fund R&D projects and feasibility studies

    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.

    Geographical coverage: 
    National
    Budget: 
    Feasibility studies must last between 6 and 18 months, and the maximum grant is £100,000 R&D projects must last between 6 and 36 months, and the maximum grant is £600,000
    Sector of Activity: 
    Research & innovation

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