Innovate UK's flagship fund is back! Apply for a share of up to £25m

Innovate UK, part of UK Research and Innovation, is investing up to £25 million in the best game-changing and world-leading ideas, designed for swift, successful commercialisation.

The Innovate UK Smart grant has focused scope and eligibility criteria to support micro, small or medium-sized enterprises (SMEs) and their partners in developing genuinely new innovations with significant potential for rapid economic return to the UK. The application process reflects the importance of obtaining economic benefits from public funding, and the potential for successful commercialisation, growth, and exports.

Proposals must be business focused, and show deliverable, realistic, adequately resourced plans to achieve return on investment, growth and market share following project completion.

Applications can come from any area of technology and be applied to any part of the economy.

In applying to this competition, you are entering into a competitive process where your chance of success in securing funding will depend on the number and quality of applications submitted. This competition has a funding limit, so we will not be able to fund all the proposed projects. It may be the case that your project scores highly but we are still unable to fund it.

The total available budget will be divided between the two competition streams.

This competition closes on 24 July at 11 am. You can find out more and apply for the grant here