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APPENDIX 4: Funding for Hydrogen and fuel cells
The diagram below is from a report commissioned by the Scottish Executive 5 and shows a diagrammatic representation of the various funding schemes applicable over the product development cycle. This demonstrates that there is a wide variety of funding and funding bodies, particularly during the early stages of product development, however, there is no dedicated grant assistance scheme primarily targeting the development of Scottish- (or UK-) based fuel cell and hydrogen activities.
The following key provides a description of the graph's features:
- Black - funding may support a variety of actors
- Blue - funding support for research organisations and universities
- Red - funding support for SMEs
- Green - funding support for community-based organisations
- Dashed Line - funding support from Scottish-based organisations
- Bold Line - funding support from UK-based organisations
- Dotted Line - funding support from European organisations
- Dash-Dot Line - funding support from private organisations
The greater the height of the bubble the greater the funding that could be available to an individual project. For example, the IRS (Investment Readiness Support from the Scottish Enterprise) is in the grouping for up to £25,000 whereas the ECFP and Private VCs is in the grouping for greater than £500,000. The bubbles also represent the maximum percentage of funding available from any one scheme as well as the maximum funding amount.
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