Innovate UK, part of UK Research and Innovation, has launched another round of Smart Grants funding for game-changing and commercially viable R&D innovation

Up to £25 million is available for disruptive research and development (R&D) innovations that can significantly impact the UK economy. All proposals must be business-focused, with deliverable, realistic, adequately resourced plans to achieve a 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, such as:

To be in scope, your proposal must demonstrate (amongst other things):

Projects can be across a variety of technologies, markets and research categories, including:

Your application must include at least one micro, small or medium-sized enterprise (SME) as the lead or a collaborative grant-claiming partner.

Projects must start by 1 July 2023 and end by 30 June 2026 and follow specific rules dependent on their duration.

For more information see: Competition overview – Innovate UK Smart Grants: October 2022 – Innovation Funding Service (

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