A number of funding opportunities have opened up for UK-based businesses, research organisations and SMEs, announced by InnovateUK.
Applications for InnovateUK Smart Grants are open until 26th May, and are designed to fund collaboration between SMEs and UK-based businesses and research organisations. The total pot available for these grants is £25 million. Applicants must:
- be a UK business or research organisation
- be, or collaborate with, a micro, small or medium enterprise
- carry out research targeted to, and carried out in, the UK
An additional funding route is via the Knowledge Transfer Partnership, designed to help businesses innovate by employing academic expertise that they do not have in-house. These grants are open for collaborations between businesses and research organisations, with funding available for up to 36 months.
Any UK-based business may apply, along with a research partner, in order to carry out work that would not usually be within the capabilities of the business. Interested business partners should contact a knowledge transfer advisor or a nearby research organisation to discuss feasibility of the project and find a suitable partner
For more information on grants available from UKRI and InnovateUK, and to stay up to date with available opportunities, visit the funding finder.