Innovate UK Smart grants: June 2023
6-36 months
£100k - £2m
27.09.2023
Innovate UK, part of UK Research and Innovation, is investing up to £25 million in the best game-changing and world-leading ideas, designed for swift, successful commercialisation. Ideas need to be genuinely new and not just disruptive within their sector.
The Innovate UK Smart grant has focused eligibility criteria and scope to support SMEs and their partners develop disruptive innovations with significant potential for a 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.
Check Your Eligibility
To be in scope your proposal must demonstrate:
Specific themes
Your project must focus on:
Innovate UK will fund feasibility projects, industrial research projects and experimental development projects, as defined in the guidance on categories of research.
Innovate UK will not fund projects:
Innovate UK will not fund commercialisation activities such as marketing and sales.
Your project must:
The end-by date is the date by which all funding for this round of the competition must end. Your contracted project end date will not be extended.
If your project’s duration is 6 to 18 months, it must:
If your project’s duration is 19 to 36 months, it must:
Funding
Up to £25 million has been allocated to fund innovation projects in this competition. Funding will be in the form of a grant.
If your organisation’s work on the project is commercial or economic, your funding request must not exceed the limits below. These limits apply even if your organisation normally acts non-economically but for this project will be undertaking commercial or economic activity.
For feasibility studies and industrial research projects, 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: