UK businesses can apply for a share of up to £15 million. This is to deliver game-changing, cutting-edge innovations with significant potential for impact on the UK economy.

Projects may last between 6 and 36 months. Total eligible project costs should range from £25,000 to £1 million depending on the type of research and development (R&D) to be undertaken. It is important to note that any project with total costs outside this range will be deemed out of scope and ineligible.

An applicant can only submit one project application per competition round. If more than one application per round is submitted, only the first application will be considered for assessment.

To lead a project you must:

• be a UK-based business
• be a business of any size
• carry out your project in the UK
• work alone or in collaboration with others (businesses, research base and third sector)

If you have a current Smart programme funded project which has its final close out meeting after midday 9 August 2017, then you are not eligible to apply for this round of the open competition.

Where appropriate, we will share application details with potential public sector co-funders.

Competition opens: Monday 12 June 2017
Competition closes: Wednesday 9 August 2017 12:00pm

For more information click here.