Innovate UK Smart grants: January 2024
UK registered organisations can apply for a share of up to £25 million for game-changing and commercially viable research and development innovations that can significantly impact the UK economy.
The Innovate UK Smart grant has focused scope and eligibility criteria to support SMEs and their partners in developing genuinely new innovations with significant potential for rapid economic return to the UK. The application process reflects the importance of obtaining economic benefits from public funding, and the potential for successful commercialisation, growth, and exports.
Proposals must be business focused, and show deliverable, realistic, adequately resourced plans to achieve return on investment, growth and market share following project completion.
Applications can come from any area of technology and be applied to any part of the economy.
In applying to this competition, you are entering into a competitive process where your chance of success in securing funding will depend on the number and quality of applications submitted.
Competition closes: Wednesday 24 April 2024 12:00pm
Projects of 6 to 18 months must have total eligible project costs between £100,000 and £500,000 and can be single or collaborative. Projects of 19 to 24 months must have total eligible project costs between £100,000 and £1 million and be collaborative.
This competition is open to single applicants and collaborations.
To lead a project your organisation must:
- be a UK registered business
- be a UK registered research and technology organisation
- carry out all your research and development project activity in the UK
- intend to commercially exploit the project results from the UK