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Grant Programme
Innovate UK Smart Grants
UK Research & Innovation
Information last verified: August 2026 · Source: apply-for-innovation-funding.service.gov.uk
Non-dilutive grant funding for UK businesses developing innovative products, processes or services. Open to all sectors. Smart Grants has been paused since early 2025 with no open rounds while Innovate UK pilots replacement funding, so check the Innovate UK funding service for the current position. Total project costs run from £100k to £500k for single-company projects of up to 18 months, and up to £2M for longer collaborative projects.
Why this programme
Find customers / partnerships
Grant-funded projects often include partner organisations that become early adopters and reference customers
Raise funding
Non-dilutive grant funding, no equity, no repayment
Build product / validate MVP
Specifically designed to fund product development and innovation
Scale & grow
Non-dilutive grant funding that can fuel product development and market expansion without giving up equity at a critical growth stage
Interested in Innovate UK Smart Grants?
Head to their website for current cohort dates and how to apply.
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