We are creating a unified UKRI website that brings together the existing research council, Innovate UK and Research England websites.
If you would like to be involved in its development let us know.

Innovate UK Smart funding launches with £20 million grant competition


Innovate UK Smart funding launches with £20 million grant competition

Smart grants are the latest programme from Innovate UK, part of UK Research and Innovation, to de-risk innovation and enable business growth. Since 2007, organisations have benefitted from £2.5 billion of Innovate UK support, which has helped to create around 70,000 jobs and add an estimated £18 billion to the UK economy.

Projects that are awarded Innovate UK Smart grants will follow a long line of businesses to gain success following funding support.

This includes Swiftkey, the predictive keyboard app bought by Microsoft following a reputed $250 million deal, and 3D printer and resin manufacturer, Photocentric, which expects to sell over £8 million worth of its products by 2020.

  • the competition is open and the deadline for applications is at midday on 24 April 2019
  • businesses of any size or research and technology organisations can lead a project
  • leads can work alone or collaborate with others, depending on the project length and size. They should involve at least one small or medium-sized enterprise
  • projects with total eligible costs of £25,000 to £500,000 should last between 6 and 18 months
  • projects with total eligible project costs of £25,000 to £2 million should last between 19 months and 3 years
  • businesses could get up to 70% of their costs
  • awarded projects must start by 4 November 2019

Read more

Please sign up to our weekly newsletter to keep up to date: