Smart funding: open to innovative businesses from any sector
Businesses can apply for a share of £25 million in Smart funding to support innovative ideas with commercial potential in any area of the economy.
Smart is Innovate UK’s open grant funding programme. Up to £25 million is available to support the best game-changing and commercially viable ideas across a whole range of technology areas.
Projects can focus on any area of technology and on any area of the economy including arts, design and media, creative industries, and science and engineering.
Projects in support of one of the grand challenges in the UK government’s Industrial Strategy are welcomed but this is not necessary.
The competition will support a range of projects from short feasibility studies to larger research and development projects and experimental development lasting up to 3 years.
Applicants must show they have:
- a game-changing idea that could lead to commercially viable new products, processes or services
- a strong business plan and a plan to deliver significant economic impact
- the competition opens on 17 October 2019, and the closing date is at midday on 8 January 2020
- businesses of any size may apply
- we expect projects to vary in size between £25,000 and £2 million
- a briefing event will be held on 24 October 2019
Latest News from
Business Secretary appoints Indro Mukerjee as new Innovate UK CEO06/05/2021 14:22:00
Indro Mukerjee appointed as new CEO of Innovate UK to help develop the UK's innovation capability and drive investment in research and development.
£20 million fund to propel green shipbuilding launched23/03/2021 09:10:00
Government invests £20 million to develop innovative zero emission vessels and clean port infrastructure.
Dstl and DASA speaking at Innovate Local26/02/2021 14:12:00
Dstl and DASA will be speaking at Innovate Local: Southern Pioneers on 8 to 9 March 2021.
Power roll: bringing cheap solar power to Africa and India04/02/2021 09:10:00
Supported by Innovate UK, Power Roll is developing, testing, and implementing lightweight, low-cost, flexible solar mini grid systems in India and Africa.
Innovate UK news has moved27/01/2021 09:10:00
Businesses can now find Innovate UK stories about new initiatives and funding on the UKRI website.
£134 million boost to help UK businesses build back greener05/11/2020 12:25:00
Businesses across the UK are set to benefit from £134 million investment, enabling ground-breaking clean growth projects develop new technologies and secure new jobs.
First phase of new UKRI website launched yesterday30/10/2020 09:10:00
UK Research and Innovation (UKRI) is creating a new, simpler and better website following intensive user research with businesses and researchers.
Investing in foundation industries: help to back innovators20/10/2020 09:10:00
Investors can join a programme to support businesses carrying out innovative projects that aim to reduce resources and energy use in key industries.