Innovate UK Smart grants: July 2024

UK registered organisations can apply for a share of up to £25 million for game-changing and commercially viable R&D innovations that can significantly impact the UK economy. This funding is from Innovate UK, part of UK Research and Innovation.

  • Competition opens: Thursday 25 July 2024
  • Competition closes: Wednesday 23 October 2024 11:00am

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.

The Innovate UK Smart grant has focused scope and eligibility criteria to support micro, small or medium-sized enterprises (SMEs) and their partners in developing genuinely new innovations with significant potential for 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.

Proposals must be business focused, and show deliverable, realistic, adequately resourced plans to achieve return on investment, growth and market share following project completion.

Applications can come from any area of technology and be applied to any part of the economy.

In applying to this competition, you are entering into a competitive process.

This competition has a funding limit, so we may not be able to fund all the proposed projects. It may be the case that your project scores highly but we are still unable to fund it.

The total budget will be divided between the two competition streams (see project size).

This competition closes at 11am UK time on the deadline stated in this Innovate UK competition brief. We cannot guarantee other government or third party sites will always show the correct competition information.

Last updated: 05 April 2024, 11:38