Smart round 4 will close on Thursday, 27 November at noon.
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 2014/15, which starts on 27 March, are:
2014 close dates: 17 July, 25 September and 27 November
2015 close dates: 29 January and 26 March
Please note: The batch assessment date for Round 4 of the current financial year 2014/15 is 27 November 2014 12:00 noon
Smart responsive mode is "always open". However to assist Innovate UK in the processing of these applications, we assign them into batches for final assessment and funding.