Scottish businesses partnering with universities on the development of new technologies are being urged to apply to the Enterprise Fellowship programme.
The scheme is still only seeing a handful of applications from outside academia even though guidelines were relaxed three years ago.
Gavin Laird, who heads up the programme, said: "We opened up the scheme to ideas from companies partnering with universities bringing either their own intellectual property in or bringing intellectual property in from somewhere else.
"To date we have only seen a couple of applicants to the scheme from outwith academia.
"We would like to see more companies apply who are currently partnered with a university in developing their own intellectual property."
Funded by Scottish Enterprise and delivered jointly with the Royal Society of Edinburgh, the programme helps to translate Scottish business world in order to be successful.
"Another interesting development in the scheme now is the number of serial entrepreneurs who were involved as academics in previous fellowships who are now cropping up in lead roles in new companies applying to the scheme. "Andrew Peacock, for example, whose 3D sensing technology was commercialised in a company called Ice Robotics, which Andrew thought initially would be used in the gaming and film industry.
"Ice Robotics ended up developing a robotics product for the dairy industry, which was an area Andrew had no previous knowledge in, but it went on to become a huge success and was eventually sold to the US company, Ram Mechanical.
"Andrew has now launched a new company, Peacock Technology, which is doing really exciting things in the field of robotic automation and design consultancy work."
More than 60 companies have been created via the Enterprise Fellowship with those businesses raising £51m in funding.
Average survival rate for companies five years old or more is 64 per cent compared to the most recent Scottish Government figure of 52.6 per cent for start-ups.