UK registered organisations can apply for a share of up to £25 million for game-changing and commercially viable research and development (R&D) innovation that can significantly impact the UK economy. This funding is from Innovate UK, part of UK Research and Innovation.
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.
Eligibility summary
This competition is open to single applicants and collaborations.
Projects of 6 to 18 months must have total project costs of between £100,000 and £500,000 and can be single or collaborative. Projects of 19 to 36 months must have total project costs of between £100,000 and £2 million and must be collaborative.
To lead a project your organisation must:
- be a UK registered business
- be a UK registered research and technology organisation
- be or involve at least one micro, small or medium-sized enterprise
- carry out all your R&D project activity in the UK
- intend to commercially exploit the project results from the UK.
See the full opportunity details on the Innovate UK Smart Grants pages here.
Competition closes: Wednesday 26 October 2022 11:00am
