Smart is the new name for Innovate UK’s ‘Open grant funding’ programme.
Innovate UK, part of UK Research and Innovation, will invest up to £25 million in the best game-changing, innovative or disruptive ideas with a view to commercialisation.
All proposals must be business focused, rather than pure research. Applications can come from any area of technology (including arts, design, media or creative industries), science or engineering and be applied to any part of the economy.
Whilst we welcome projects that overlap with the grand challenge areas, we are also keen to support projects that are entirely outside these. Working in these areas is not a requirement to be eligible.
We may share application details with other public sector co-funders if this is appropriate.
We may consider eligible project costs over £2 million (but not exceeding £3 million), subject to the process set out under ‘Eligibility’.This competition closes at midday 12:00pm UK time on the deadline stated.
Duration between 6 and 18 months: total eligible project costs between £25,000 and £500,000 (single company or collaboration). Duration between 19 and 36 months: total eligible project costs between £25,000 and £2 million (collaboration only).
For more information and details on how to apply, please visit https://apply-for-innovation-funding.service.gov.uk/competition/346/overview