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Scottish Enterprise Capital Grant

Opens:
Closes:
Sectors:
Energy
Health & Life Sciences
Quantum Technologies
Project Size:
Minimum £250,000

The Scottish Enterprise Capital Grant provides support for businesses undertaking significant capital expenditure projects in Scotland.The programme is designed to encourage investment that can deliver a step change in productivity, wage growth and wider economic impact. Scottish Enterprise is particularly interested in projects that strengthen Scotland’s clean energy economy, scale innovative businesses in high-growth sectors and unlock substantial private investment.

Funding is discretionary, meaning that meeting the minimum eligibility criteria does not guarantee an award. Projects will be assessed according to their strategic fit, economic impact, need for public funding and the benefits they can deliver for Scotland.

Key Dates and Funding

Opens: Open for enquiries

Closes: No fixed closing date stated

Funding: The minimum grant considered is £250,000. Scottish Enterprise is looking for projects representing at least £1 million of company spend.

Maximum support can cover:

  • Up to 40% of eligible costs for small enterprises
  • Up to 30% for medium-sized enterprises
  • Up to 20% for large enterprises

The actual grant awarded may be lower than these maximum rates depending on the level of support required for the project to proceed and the economic benefits expected.

Under certain circumstances, some or all of the grant may be repayable.

Programme Overview

The Capital Grant is aimed at businesses planning substantial investment in facilities, equipment, infrastructure or other eligible capital expenditure.

Projects should contribute to Scottish Enterprise’s wider economic transformation objectives and demonstrate that the investment would either not proceed, or would proceed at a reduced scale or slower pace, without grant support.

The programme places particular emphasis on attracting private investment and supporting projects capable of delivering long-term benefits such as productivity improvements, high-quality employment, international competitiveness and economic growth.

Priority Areas

Scottish Enterprise is prioritising investment in three broad areas.

Energy Transition

Projects that can strengthen Scotland’s position as an internationally competitive clean energy economy are particularly encouraged.

This may include investments that:

  • Attract new investment into Scotland
  • Scale domestic supply chains
  • Accelerate commercial deployment
  • Support international growth
  • Strengthen Scotland’s position within clean energy markets

Scaling Innovation

Scottish Enterprise is also looking to convert Scotland’s innovation strengths into world-leading businesses within high-growth industries.

Priority sectors highlighted include:

  • Life sciences
  • Quantum technologies
  • FinTech  
  • Space  
  • Other innovation-led industries with strong growth potential

Productivity and Capital Investment

Projects that unlock significant private capital investment and lead to a measurable improvement in company productivity are also a priority.

The programme is intended to support Scotland’s ambition to develop a more productive, higher-wage economy.

Eligible Countries

Businesses can be headquartered in:

  • Scotland
  • Elsewhere in the UK
  • Internationally

However, the capital investment project itself must take place in Scotland.

Projects located in the Highlands and Islands or South of Scotland should initially approach their relevant local enterprise agency for funding advice.

Who Can Apply?

Businesses can apply regardless of whether they are currently based in Scotland, provided the proposed project will be located there.

Applicants must demonstrate that the project:

  • Involves significant capital expenditure
  • Is financially viable
  • Is mainly financed by the private sector
  • Will enable the company to become more globally competitive
  • Will deliver meaningful economic benefits
  • Requires public funding to proceed at the planned scale or speed
  • Aligns with Scotland’s net zero ambitions

Applicants will also need to demonstrate that other funding options have been explored and explain why Scottish Enterprise support is necessary.

Project Requirements

Projects are generally expected to last between 6 and 36 months.

The proposed investment must:

  • Involve eligible capital expenditure
  • Deliver meaningful productivity or competitiveness benefits
  • Avoid offsetting job losses elsewhere
  • Be predominantly supported through private investment
  • Generate benefits beyond a purely local market
  • Demonstrate a credible need for grant support
  • Contribute towards Scotland’s economic transformation priorities
  • Align with net zero ambitions

Businesses should engage with Scottish Enterprise before committing to the investment.

If the company has already committed to delivering the project or Scottish Enterprise determines that the investment would proceed in substantially the same form without public support, funding will not normally be awarded.

How to Apply

The process begins with an enquiry to Scottish Enterprise.

Businesses must complete an enquiry form outlining the company, proposed investment, expected economic impact and need for grant support.

Scottish Enterprise will review the initial information and provide feedback. Where the project appears suitable, an appraisal specialist may then arrange a meeting and guide the applicant through the formal application and assessment process.

Businesses should make contact before committing to expenditure or starting the project, as existing commitments can affect eligibility.

Why This Funding Matters

Large capital projects can create substantial opportunities for business growth but often require significant upfront investment. For businesses looking to establish or expand operations in Scotland, the Capital Grant can help reduce investment barriers while supporting larger, faster or more ambitious projects.

The programme is particularly relevant to companies planning manufacturing expansion, new production capacity, advanced equipment investment or facilities that support emerging industries.

By combining private investment with targeted public support, Scottish Enterprise aims to attract high-value projects that strengthen Scotland’s industrial base, create quality employment and improve long-term productivity.

How Inventya Can Help

Securing capital grant support requires applicants to demonstrate not only the value of the investment, but also why public funding is essential, what economic benefits the project will create and how it supports Scotland’s strategic priorities. Inventya can help businesses develop a strong evidence-based investment case.

Our support includes:

  • Eligibility and project assessment: Reviewing the proposed investment against Scottish Enterprise requirements and identifying potential eligibility issues at an early stage.
  • Additionality case development: Demonstrating how grant funding will influence the scale, timing, location or delivery of the investment and why the project cannot proceed in the same form without support.
  • Economic impact assessment: Building the case around job creation, productivity, wages, supply-chain benefits, inward investment and wider benefits for the Scottish economy.
  • Investment and business case development: Structuring the commercial rationale, capital expenditure plan, financial assumptions and long-term growth strategy.
  • Strategic alignment: Demonstrating how the project contributes to priorities including energy transition, innovation-led growth, productivity and net zero.
  • Financial planning: Supporting eligible cost development, private-sector financing requirements and the overall project funding structure.
  • Application development and review: Turning the technical, commercial and financial information into a clear and persuasive funding proposition.

Inventya can help businesses prepare the case for investment before significant commitments are made, ensuring that the project is positioned strongly against Scottish Enterprise’s economic, commercial and additionality requirements.

Our experts can assess your eligibility in minutes — book your free consultation today!
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