Tagged / proof of market

Funding available to support R&D – science, engineering and technology

Business Engagement, Funding opportunities, innovation, Knowledge Exchange

Technology in the hands
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.
Any UK SME undertaking research and development may apply; applications are accepted on a rolling basis for assessment by independent experts.