Innovation Vouchers

This opportunity is open to all small and medium-sized enterprises (SMEs), social enterprises and third-sector organisations in Scotland. There are two types of Standard Innovation Vouchers:

• A Product, Process or Service Innovation Voucher supports outward innovation to develop a new product, process or service.

• A Workforce Innovation Voucher is to support inward innovation to develop a company’s internal workforce such as new or enhanced workplace processes, innovative workplace practices and innovative business expertise.

The value of a Standard Innovation Voucher is up to £7,500, which is paid directly to the college to cover the academic project costs. Your organisation would contribute an equal value in cash or in-kind, such as staff time, materials or equipment, or a combination of both. We are keen to develop partnerships with businesses across all sectors to support innovation that will benefit the company and the Scottish economy. Previously we have completed combined projects between Engineering and Creative Industries to support the growth of Scottish businesses.