SMART (formerly Reasearch and Development) Grants available for SME's
Formerly known as Research and Development grants, 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.
Smart is available to individual companies including pre start-ups, start-ups, and small and medium-sized businesses.
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.
For more information please visit
http://www.innovateuk.org/content/competition/smart.ashx
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