Get a grant from Innovate UK to run an R&D project which can be utilised to develop a new product, process or service.

Grant levels do vary and you can get funding of up to 60% of your total project costs, even if its to  prove that your idea will work. It can even be used to find a potential market for your product or service.

You can also get funding of up to 45% to develop a prototype; you will however need to fund the remaining costs yourself.

 
Eligibility
To qualify for Smart funding you must:

*be an early-stage, micro, small or medium-sized UK business or be thinking of starting a business

*have both the ambition and potential to achieve high growth

*work in science, engineering or technology industries

 
How to apply
Thankfully the ‘Smart’ funding programme is not restricted to specific themes or industries.

Opening and closing dates vary, for more information click the link.