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Innovative business ideas for new products: apply for funding

Up to £25 million is available through Innovate UK’s Smart programme to invest in innovative business projects across any technology area.

Smart is an open grant funding programme that supports the best UK business ideas whatever area they come from.

Projects must show that they will exploit game-changing ideas to develop new products, processes and services that will have significant economic impact.

Applications can come from any area of technology, science and engineering and can include the arts, design, media and creative industries.

The deadline for applications is at midday on 22 April 2020 and businesses of any size may apply, and all applications must include a micro, small or medium-sized company.

For further information please visit the GOV.UK website.

Why not visit the Business Wales Innovation pages to find out how innovation can help your business become more competitive, increase sales and enter new markets.

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