Finance

16th December 2020

Innovate UK Smart Grants: November 2020

Opportunity for UK registered organisations to apply for a share of up to £25 million from Innovate UK to deliver disruptive R&D innovations that can significantly impact the UK economy.

Competition opens: Wednesday 2 December 2020
Competition closes: Wednesday 20 January 2021 11:00am

Smart is Innovate UK’s ‘Open grant funding’ programme.

Innovate UK, part of UK Research and Innovation, is investing up to £25 million in the best game-changing and commercially viable innovative or disruptive ideas. All proposals must be business focused.

Applications can come from any area of technology and be applied to any part of the economy, such as, but not exclusively:

  • the arts, design and media
  • creative industries
  • science or engineering

Whilst we welcome projects that overlap with the grand challenge areas this is not a requirement, as we are also keen to support projects in other areas.

We may consider total eligible project costs over £2 million (but not exceeding £3 million), subject to the process set out under ‘Eligibility’.

We may share application details with other public sector co-funders if appropriate.

In this competition all projects awarded funding must upload evidence for each expenditure with every claim made. These might include invoices, timesheets, receipts or spreadsheets for capital usage. This is part of Innovate UK’s obligations under the Managing Public Money government handbook in relation to assurance, financial management and control.

To monitor the impact of our work to promote equality, diversity and inclusion (EDI) we need to collect relevant data and evidence. For this competition this means:

  • all applicants are required to complete the EDI survey
  • applicants are prompted to consider EDI as part of the application process

EDI considerations are highly encouraged where appropriate in the proposal. Applications will continue to be assessed on their innovation merit, where innovation is defined as the potential for commercially successful exploitation of ideas.

In applying to this competition, you are entering into a competitive process. This competition closes at 11am UK time on the deadline stated.

Find out more here