Smart is the new name for Innovate UK’s ‘Open grant funding’ programme. 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. All proposals must be business focused, rather than pure research. 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. Whilst Innovate UK welcome projects that overlap with the grand challenge areas, they are also keen to support projects that are entirely outside these. Working in these areas is not a requirement to be eligible.
Innovate UK may consider eligible project costs over £2 million (but not exceeding £3 million), subject to the process set out under ‘Eligibility’.
This competition closes at midday 12:00pm UK time on the 24th July 2019. Further information on the competition can be found at: Innovate UK Smart Grants.
Please get in touch if you wish to discuss this opportunity with us.