“UK registered organisations can apply for a share of up to £25 million for game-changing and commercially viable R&D innovations that can significantly impact the UK economy. This funding is from Innovate UK, part of UK Research and Innovation.“
Smart is Innovate UK’s responsive grant funding programme. It has focused eligibility criteria and scope to support SMEs and their partners to develop disruptive innovations with significant potential for rapid economic return to the UK.
Innovate UK, part of UK Research and Innovation, is investing up to £25 million in the best game-changing and world-leading ideas, designed for swift, successful commercialisation. Ideas need to be genuinely new and novel, not just disruptive within their sector.
Your proposal must be business focused, with deliverable, realistic, adequately resourced plans to achieve return on investment, growth and market share following project completion.
Questions for this round of Smart reflect the importance of obtaining economic benefits from public funding, and the potential for successful commercialisation, growth and exports.
Applications can come from any area of technology and be applied to any part of the economy, such as, but not exclusively, net zero, the arts, design and media.Find out more and apply here