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.
The new batch assessment dates for Smart scheme applications during the financial year 2013/14, which starts on 21 March, are:
2013 close dates: 23 May, 18 July, 26 September, 21 November
2014 close dates: 30 January, 27 March
Please note: The batch assessment date for Round 6 of the current financial year 2013/14 is
27 March 2013 12:00 noon
For more information click here