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R&D Tax Credits

How innovative should my technology be to get an Innovate UK R&D grant?

Innovate UK R&D grant competitions are known to be ultra-competitive with very few winners. Only the best proposals secure funding – so how innovative does a technology need to be? It’s true that Innovate UK is interested in clear game-changing and/or disruptive innovations. We know that disruptors are innovators, but not all innovators are disruptors. […]

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SMART is Innovate UK’s open funding programme that offers R&D grants for game-changing innovations of up to £2 million project cost – but how much grant to apply for? The temptation is to apply for the maximum possible but is that the right strategy for the best outcome? SMART is massively oversubscribed to applications. A […]

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Innovate UK imposes a limit on academic partner financial involvement in collaborative R&D projects. Typically, in a SMART R&D grant project, academic partner costs are limited to a maximum of 30% of project costs. Other limits can apply in thematic R&D grant competitions. In some cases, this 30% project cost limit is not enough for […]

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