Opportunity for UK registered organisations to apply for a share of up to £25 million from Innovate UK to deliver game-changing and commercially viable R&D innovation that can significantly impact the UK economy.
Programme: Innovate UK
Award: Share of up to £25 million
Opens: 21st Jan 2021
Closes: 27th May 2021
Smart is the new name for Innovate UK’s ‘Open grant funding’ programme.
Innovate UK, part of UK Research and Innovation, is investing up to £25 million in the best game-changing and commercially viable innovative or disruptive ideas. All proposals must be business focused.
Your proposal must demonstrate:
Innovate UK 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.
Innovate UK will fund innovative research and development (R&D) projects across a variety of technologies, markets and research categories, including:
Projects can be at different levels of technological maturity, up to but not including commercialisation.
To lead a project you must:
Academic institutions cannot lead or work alone.
Single applicants must claim funding. If the project is collaborative, the lead and at least one other organisation must claim funding and enter your costs as part of the application.
To collaborate with the lead organisation you must:
Innovate UK have allocated up to £25 million to fund innovation projects in this competition.
Your project must start no later than 1 November 2021 and end no later than 30 November 2024.
Your project must follow different rules depending on its duration:
For feasibility studies and industrial research projects, you could get funding for your eligible project costs of:
For experimental development projects which are nearer to market, you could get funding for your eligible project costs of:
The research organisations in your consortium can share up to 30% of the total eligible project costs. If your consortium contains more than one research organisation, this maximum is shared between them.
This competition will not fund proposals that do not:
This competition will also not fund commercialisation activities.