Advanced Innovation Vouchers

The Advanced Innovation Voucher (AIV) fosters enduring partnerships between small and medium-sized companies (SMEs) and universities or colleges in Scotland.

It aims to make collaborative work accessible to organisations and is open to applications from all industry sectors. The projects supported by this scheme should lead to the development of new products, services, and processes, benefiting your organisation, the academic institution you collaborate with, and the Scottish economy.

The Advanced Innovation Vouchers, delivered in partnership with our funding partner Scottish Enterprise, are offered on a sliding scale basis with a matched grant of up to £20,000. To determine the value of your voucher, the business and academic team should establish the project scope and milestones which then determine the overall costings for the project. The company cash contributions can then be determined from the overall project value.

How to Apply

Your proposed project must focus on innovation and demonstrate the potential to lead to new products, services, or processes. If you work for an SME with fewer than 250 employees, and a turnover of less than £50million you’re eligible to apply for an Advanced Innovation Voucher.

To express interest, or to discuss options and eligibility in relation to the voucher, email applications@interface-online.org.uk.

Further Information