Opportunity to apply for a share of up to £20 million to deliver ambitious or disruptive R&D innovations with significant potential for impact on the UK economy.
Share of up to £20 million
Smart is the new name for Innovate UK’s ‘Open grant funding’ programme.
Innovate UK, as part of UK Research and Innovation, will invest up to £20 million in the best cutting-edge or disruptive ideas with a view to commercialisation.
This competition provides funding for innovation research and development (R&D) from feasibility (including market research), through to technology or prototype testing and development stages up to (but not including) 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.
Your proposal must demonstrate:
Proposals from innovation-based businesses with significant ambition and potential for growth or scale-up are welcomed.
Where possible, projects should take customer and user needs into account to deliver more desirable and useful solutions.
Innovate UK will not fund proposals that:
To lead a project you must:
Single applicants must claim funding. If the project is collaborative, the lead and at least one other organisation must claim funding.
An academic institution cannot lead on an application or work alone.
To collaborate on a project you must fulfil the criteria above and include an SME. Collaborators can be UK based businesses, academic organisations, charities, public sector organisations or RTOs.
Innovate UK have allocated up to £20 million to fund a number of innovation projects in this competition.
For feasibility studies and industrial research, you could get funding for your eligible project costs of:
For experimental development projects which are nearer to market, you could get funding for your eligible project costs of:
Project 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 3 years must have total eligible project costs between £25,000 and £2 million. They must be collaborative projects.
If you want to submit a project between 19 months and 3 years with total project costs between £2 million and £3 million as a permitted exception, you must email email@example.com with full justification at least 10 days before the competition closes. Innovate UK will decide whether to approve your request.
Projects must start by 4 November 2019 and end no later than 4 November 2022.
The research organisations in your consortium can share up to 30% of the total eligible project costs. If your consortium contains more than one research organisation, this maximum will be shared between them.
18th Feb 2019
24th Apr 2019