Smart is Innovate UK’s ‘Open grant funding’ programme. Applications can come from any area of technology and be applied to any part of the economy, such as, but not exclusively:
To lead a project, you must:
Projects must start no later than 1 May 2021 and end no later than 31 May 2024.
Projects with durations between 6 and 18 months must have total eligible project costs between £25,000 and £500,000. Those with durations between 19 and 36 months must have total eligible project costs between £25,000 and £2 million.
Subcontractors are allowed in this competition. All subcontractors must be based in the UK for the duration of the project and their portion of the project work must also be carried out in the UK.
Projects can be at different levels of technological maturity, up to but not including commercialisation.
Your proposal must demonstrate:
Innovate UK will give preference to applications that demonstrate realistic, significant potential for global markets.
Proposals from innovation-based businesses with significant ambition and potential for growth or scale-up are welcome.
Where possible, projects should take customer and user needs into account to deliver more desirable and useful solutions.