Fund title: SMART

Focus of fund/fund aims:

To encourage SMEs to engage in R&D projects.

Application deadline:

rolling programme

Fund description:

SMART is a grant scheme which offers funding to small and medium-sized enterprises (SMEs) to engage in R&D projects in the strategically important areas of science, engineering and technology. The idea is to stimulate successful new products, processes and services.

Three types of grant are available:

  • proof of market
  • proof of concept
  • development of prototype

Applications can be submitted at any time and are assessed in batches every two months.

Further information:

https://interact.innovateuk.org/-/smart