Support and funding for businesses

Support and funding is available to provide support to Welsh businesses and research organisations to commercialise new products, processes and services developed through research, development and innovation processes. 

If you are thinking about implementing new ideas, creating new, dynamic products, or improving your existing services, you might be eligible for support from SMART Innovation.




The support is delivered by a team of highly experienced Innovation Specialists, Research Development Managers, Manufacturing and Design Specialists, Commercialisation Managers and Intellectual Property Specialists, all of whom have extensive experience of supporting businesses and research organisations in undertaking research, development and innovation activities.

For information about the SMART Innovation offer, please click here.



SMARTInnovation – developing the Welsh economy by increasing the innovation capability of Welsh businesses through sustainable Research, Development and Innovation.


SMARTCymru offers financial support to Welsh businesses to help them develop, implement and commercialise new products, processes and services.

SMART Partnerships

SMART Partnerships offers financial support to innovative collaboration projects that require a range of expertise to help businesses grow, improve productivity and increase competitiveness.


SMARTExpertise offers financial support to innovative collaboration projects that require a range of expertise to solve industry problems.

Open Innovation Feasibility Support Call for Applications

Financial support to enable businesses to undertake a study into developing and adopting an open innovation culture and processes.

Knowledge Transfer Partnerships (KTP)

The Knowledge Transfer Partnership (KTP) scheme helps businesses to innovate and grow. It does this by linking them with a university and a graduate to work on a specific project.