Projects can be typically defined as occurring at the stage after advances have been made during curiosity-driven or strategic research.
The programme finances projects with strong commercialisation potential. Naturally, many of these projects contain a high element of risk. In funding the projects, we are committing a significant amount of resource (both in financial and personnel terms) to enable the projects to realise their potential.
The purpose of PoCP is to create new high-growth companies based in Scotland with the potential and capability to achieve significant growth (defined for this purpose as the achievement of at least £5 million turnover within 5 years of trading or the attraction of at least £10 million commercial investment within the same period, and which can continue growth thereafter).
