An opportunity for UK based businesses and research and technology organisations to apply for a funding to support the best game-changing or disruptive R&D ideas, with a view to commercialisation.
The UK’s innovation agency, Innovate UK (IUK) works with people, companies and partner organisations to de-risk, enable and support innovation, and promote UK economic growth. IUK is part of UK Research and Innovation (UKRI) – a non-departmental public body, funded by a grant-in-aid from the UK government through the Department for Business, Energy & Industrial Strategy (BEIS).
Innovate UK Smart Grants provide an opportunity for businesses and research and technology organisations to apply for a grants to deliver ambitious or disruptive R&D innovations with significant potential for impact on the UK economy.
The competition provides funding for innovation research and development (R&D) from feasibility (including market research), through to technology or prototype testing and development stages up to (but not including) commercialisation.
All proposals must be business focused, rather than pure research. Applications can come from any area of technology including arts, design & media, creative industries, science or engineering and be applied to any part of the economy.