Energy sector funding in Scotland

We can help identify and access the correct funding for your energy company in Scotland.

A number of funding schemes have been established for the energy sector with particular emphasis on the renewable energy industry.

These funding sources include:

  • Wave and Tidal Energy: Research, Development and Demonstration Support (WATERS) fund - established to support the deployment of wave and tidal energy devices
  • The Saltire Prize – The Scottish Government has launched the Saltire Prize as a £10 million challenge to help the commercial development of Scotland’s marine energy potential
  • National Renewables Infrastructure Fund (N-RIF) - designed to support the development of suitable manufacturing sites for offshore wind turbines and related developments including test and demonstration activity

Scotland also offers a supportive investment environment and your company can benefit from more general funding, including:

  • Research and development grants and tax credits available in Scotland
  • Regional Selective Assistance (RSA) grants are available to safeguard and create jobs in Scotland
  • The Scottish Investment Bank offers a portfolio of loans and equity funds including the Scottish Seed Fund and the Scottish Venture Fund
  • Venture capitalists recognise the opportunities Scotland offers and we can provide introductions for your company

We can help guide your company through all the funding options as part of our comprehensive investor support programme.