Smart Grants funding guidance - Innovate UK
Innovate UK Smart Grants are designed to bring original, high-impact innovations into the marketplace with significant economic benefits for the UK.
Key facts
- Funding amount
- Varies
- Deadline
- Rolling – no fixed deadline
- Region
- UK-wide
- Business type
- Innovative businesses & R&D-led teams
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Plain English summary
Innovate UK Smart Grants support businesses in bringing new, impactful innovations to market across all industries. The program aims to generate substantial economic benefits for the UK by supporting novel products, services, or processes. Please note that as of January 2025, Smart Grants are paused for review, with a new pilot expected in Spring 2025.
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Who this is best for
- Innovative businesses & R&D-led teams
- Organisations based in UK-wide
- Projects aligned with innovation funding
Who should not apply
- Individuals applying in a personal capacity (unless explicitly permitted)
- Applicants who cannot meet the official eligibility criteria below
Eligibility checklist
Tick what applies to your organisation before applying.
- Applicants must be UK-registered companies carrying out project activities in the UK.
- Projects must include at least one small or medium-sized enterprise.
- The innovation should be completely new and ahead of similar market offerings, demonstrating a clear market need and a robust plan for commercialisation.
Official source
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