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Opening on the 9th January 2020, the latest Smart Grant competition from Innovate
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.
Innovate UK have allocated up to £25 million to fund innovation projects in this competition.
For feasibility studies and industrial research projects, you could get funding for your eligible project costs of:
For experimental development projects which are nearer to market, you could get funding for your eligible project costs of:
This competition provides state aid funding under article 25 Aid for R&D projects, of the General Block Exemption Regulation (GBER). It is your responsibility to make sure that your organisation is eligible to receive state aid.
The research organisations in your consortium can share up to 30% of the total eligible project costs. If your consortium contains more than one research organisation, this maximum is shared between them.
Your application must include at least one micro, small or medium-sized enterprise (SME).
Your project must start no later than October 2020 and end no later than October 2023.
Your project must follow different rules depending on its duration:
If you want to submit a project between 19 months and 36 months with total project costs between £2 million and £3 million as a permitted exception, you must email support@innovateuk.ukri.org. You must give full justification at least 10 days before the competition closes. Do not submit your application until we write to approve your request.
Innovate UK will give preference to applications that demonstrate realistic, significant potential for global markets.
Proposals from innovation-based businesses with significant ambition and potential for growth or scale-up are welcome.
Where possible, projects should take customer and user needs into account to deliver more desirable and useful solutions.
Proposals must demonstrate:
Click here to discuss your application with one of our expert grant bid writers or visit Innovate UK to find out more.
For more information on this grant, please visit https://apply-for-innovation-funding.service.gov.uk/competition/515/overview
Alternatively, contact us if you'd like to know whether your project would likely qualify for this grant.
This post was written by Barrie Dowsett who is Chief Executive Officer at Myriad Associates. Click here to read more about Barrie and the Myriad team.
Please contact us to discuss how working with Myriad Associates can maximise and secure R&D funding opportunities for your business.