Summary

Smart is Innovate UK’s ‘Open grant funding’ programme. Applications can come from any area of technology and be applied to any part of the economy, such as, but not exclusively:

• The arts, design, and media
• Creative industries
• Science or engineering

 Eligibility

To lead a project, you must:

• Be a UK registered business of any size or a research and technology organisation (RTO)
• Carry out your R&D project activity in the UK
• Intend to commercially exploit the project results from or in the UK
• Be an SME if you want to work alone
• Include at least one SME if you are a large business or RTO and wish to collaborate with other UK registered businesses, research organisations, public sector organisations or charities

 Projects must start no later than 1 May 2021 and end no later than 31 May 2024.

Projects with durations between 6 and 18 months must have total eligible project costs between £25,000 and £500,000. Those with durations between 19 and 36 months must have total eligible project costs between £25,000 and £2 million.

Subcontractors are allowed in this competition. All subcontractors must be based in the UK for the duration of the project and their portion of the project work must also be carried out in the UK.

Projects can be at different levels of technological maturity, up to but not including commercialisation.