Finance

22nd September 2020

Innovate UK Smart Grants

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.

Your application must include at least one micro, small or medium-sized enterprise (SME). They can be the lead or a collaborative grant claiming partner.

Your project must start no later than 1 May 2021 and end no later than 31 May 2024.

Your project must follow specific rules based on its duration:

Projects with durations between 6 and 18 months must have total eligible project costs between £25,000 and £500,000. They can be single or collaborative projects.
Project durations between 19 months and 36 months must have total eligible project costs between £25,000 and £2 million. They must be collaborative projects.

Registration closes: 25th November

Find out more here