“Smart is the new name for Innovate UK’s ‘Open grant funding’ programme. This is an opportunity to apply for a share of up to £25 million to deliver ambitious or disruptive R&D innovations that can make a significant impact on the UK economy“
Nigel Harris, Director of Innovation & Growth

Overview

Innovate UK, part of UK Research and Innovation, will invest up to £25 million in the best game-changing, innovative or disruptive ideas with a view to commercialisation. Applications can come from any area of technology (including arts, design, media or creative industries), science or engineering and be applied to any part of the economy. Projects that overlap with the grand challenge areas are welcome, however this is not a requirement, as Innovate UK are also keen to support projects in other areas.

Project size

Duration between 6 and 18 months and total eligible project costs between £25,000 and £500,000:can be single or collaborative. Duration between 19 and 36 months and total eligible project costs between £25,000 and £2 million: must be collaborative.

For the full details and eligibility criteria, click below.

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