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Author

Kara Mackenzie

Published

3rd May 2022

Category
Funding

Innovate UK Smart Grants - April 2022

Funding for game-changing and commercially viable R&D innovation that can significantly impact the economy.

Closing Date:  27th July 11am

Value:  Projects of 6 to 18 months must have total project costs of between £100,000 and £500,000 and can be single or collaborative. Projects of 19 to 36 months must have total project costs of between £100,000 and £2 million and must be collaborative.

The Smart grant funds a cross-sector portfolio of the best game-changing, and world leading projects. It offers funding where other opportunities are not available or appropriate, and where timing is key to ensure swift and successful commercialisation post-project completion.

Projects should:

  • take customer and user needs into account to deliver more desirable and useful solutions
  • identify who is ready to buy your innovation
  • be developed, planned and resourced beyond the end of the Innovate UK funded project, taking into account the focus of any project partners and their existing commitments
  • fit with and complement your ongoing business planning and development, product offerings and organisational structure to maximise chances of success

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