Smart award announcement of round 5 funding

The next round of the popular grant scheme Smart is open for applications now. 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, from which successful new products, processes and services could emerge.

The scheme supports SMEs carrying out R&D which offers potentially significant rewards and that could stimulate UK economic growth.

Three types of grant are available:

Proof of market

Proof of concept

Development of prototype

To find out more, visit their website here: https://www.innovateuk.org/-/smart-round-5