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Innovate UK Smart grants: June 2023

Innovate UK Smart grants: June 2023

UK registered organisations can apply for a share of up to £25 million for game changing and commercially viable R&D innovations that can significantly impact the UK economy. This funding is from Innovate UK, part of UK Research and Innovation.

  • Competition opens: Thursday 15 June 2023
  • Competition closes: Wednesday 27 September 2023 11:00am

Your project must:

  • start by 1 April 2024
  • end by 31 March 2027
  • include at least one micro, small or medium enterprise (SME) as the lead or a collaborative grant claiming partner
  • follow specific rules depending on its duration
  • carry out all of its project work in the UK
  • intend to exploit the results from or in the UK

The end by date is the date by which all funding for this round of the competition must end. Your contracted project end date will not be extended.

If your project’s duration is 6 to 18 months, it must:

  • have total eligible project costs between £100,000 and £500,000
  • be single or collaborative

If your project’s duration is 19 to 36 months, it must:

  • have total eligible project costs between £100,000 and £2 million
  • be collaborative

You must only include eligible project costs in your application.

Under current restrictions, this competition will not fund any procurement, commercial, business development or supply chain activity with any Russian and Belarusian entity as lead, partner or subcontractor. This includes any goods or services originating from a Russian and Belarusian source.

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