Top Ten Tips
To assist you when making an application for a SMART: SCOTLAND grant here are our TOP 10 TIPS.
We have compiled these tips to help you avoid the most common pitfalls when applying for SMART:
1. Remember to submit a signed hard copy of the application form itself. You can submit supporting material electronically, but you must include a signed and dated hard copy of the form with your application.
2. When describing the innovation, write it in a way that details the innovative steps rather than the benefits they will lead to. The Technical Descriptions Guidance document from the Intellectual Property Office may help.
3. Use the Guidance Notes, especially the section on “What should the project proposal include?” when writing your application and project proposal.
4. Provide evidence of your matched funding.
5. Rank your technical risks / challenges as high, medium or low.
6. Provide details of any documents such as licence agreements if you need access to IP owned by another organisation.
7. Provide full CVs rather than biographies of those who will work on your project.
8. Detail the assumptions you have made in your business plan/revenue projections.
9. Remember to include recent accounts - read the Guidance Notes if you need more information.
10. Check the checklist before submitting your application. J
Finally, if you're unsure abut anything you can call our helpline on 0845 607 8787 for advice.