Innovate UK, part of UK Research and Innovation, has opened a new £25m fund to support game-changing and commercially viable innovative or disruptive ideas.

Smart is the new name for Innovate UK’s ‘Open grant funding’ programme.

Applications can come from any area of technology and be applied to any part of the economy, such as but not exclusively:

• the arts, design and media
• creative industries
• science or engineering

All proposals must be business focused.

Innovate UK welcomes projects that overlap with the grand challenge areas but this is not a requirement, as it is also keen to support projects in other areas.

The organisation may consider eligible project costs over £2 million (but not exceeding £3 million), subject to the process set out under ‘Eligibility’.

This competition closes at midday 12:00pm UK time on Wednesday 22 April.

Find out more