10 May 2022

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.

Smart grants are for companies with innovative ideas with disruptive potential, to accelerate their journey to revenue generation. They are available to SMEs and their partners, who need public funding to accelerate their ideas into the marketplace. The grants are highly competitive and applications must score extremely highly on all aspects to be in with a chance of securing funding. It is important to point out that Smart grants are not right for everyone.

Eligibility summary

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
• 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.

Full details of Innovate UK Smart Grants can be found here.

This latest application round closes on Wednesday 27 July 2022 at 11am. This funding is from Innovate UK, part of UK Research and Innovation.