--- title: Innovation funding in UK – Reopening of the SMART programme | Winnovart description: Innovation funding in UK – Reopening of the SMART programme   Innovate UK has announced the re-opening of the SMART grant scheme that offers funding to SME image: https://www.winnovart.com/hubfs/Imported_Blog_Media/innovation-funding-in-uk-220x220.jpg --- [Skip to content](https://www.winnovart.com/news/innovation-funding-in-uk-reopening-of-the-smart-programme#main-content) [![](https://www.winnovart.com/hs-fs/hubfs/logo-new1.jpeg?width=286&height=75&name=logo-new1.jpeg)](https://winnovart.com) - [News](https://winnovart.com/news/tag/news) - Client Service Show submenu for Client Service - [Service Options](https://www.winnovart.com) - About us Show submenu for About us - [Who we are](https://www.winnovart.com/about-us/our-thsesis) - [Our Thesis](https://www.winnovart.com/about-us/our-thsesis) - [Our Team](https://www.winnovart.com/about-us/team) - [Careers](https://www.winnovart.com/about-us/careers) - [Winnovart Ventures](https://www.winnovart.com/about-us/introducing-winnovart-ventures) - Funding Highlights Show submenu for Funding Highlights - [EIC Funding](https://www.winnovart.com/news/tag/eic-funding) - [EEA & Norway Grants](https://winnovart.com/news/tag/eeanorway-grants) - [UK Innovation Funding](https://winnovart.com/news/tag/uk-innovation-funding) - [US Innovation Grants](https://winnovart.com/news/tag/us-innovation-grants) - [Blended Finance](https://www.winnovart.com/news/tag/blended-finance) - [Winnovart Surveys](https://winnovart.com/news/tag/surveys) - [Winnovart Explore Newsletter](https://winnovart.com/news/tag/winnovart-explore) - [Contacts](https://www.winnovart.com/contact-us) - [News](https://winnovart.com/news/tag/news) - Client Service Show submenu for Client Service - [Service Options](https://www.winnovart.com) - About us Show submenu for About us - [Who we are](https://www.winnovart.com/about-us/our-thsesis) - [Our Thesis](https://www.winnovart.com/about-us/our-thsesis) - [Our Team](https://www.winnovart.com/about-us/team) - [Careers](https://www.winnovart.com/about-us/careers) - [Winnovart Ventures](https://www.winnovart.com/about-us/introducing-winnovart-ventures) - Funding Highlights Show submenu for Funding Highlights - [EIC Funding](https://www.winnovart.com/news/tag/eic-funding) - [EEA & Norway Grants](https://winnovart.com/news/tag/eeanorway-grants) - [UK Innovation Funding](https://winnovart.com/news/tag/uk-innovation-funding) - [US Innovation Grants](https://winnovart.com/news/tag/us-innovation-grants) - [Blended Finance](https://www.winnovart.com/news/tag/blended-finance) - [Winnovart Surveys](https://winnovart.com/news/tag/surveys) - [Winnovart Explore Newsletter](https://winnovart.com/news/tag/winnovart-explore) - [Contacts](https://www.winnovart.com/contact-us) # Innovation funding in UK – Reopening of the SMART programme [dcc](https://www.winnovart.com/news/author/dcc) June 01, 2015 Innovation funding in UK – Reopening of the SMART programme   Innovate UK has announced the re-opening of the SMART grant scheme that offers funding to **SMEs for R&D projects** in science, engineering and technology, from which successful new products, processes and services could emerge. SMART scheme is always open and there is no specific deadline; however, there are 6 assessment rounds per year. The next **assessment round** is closing at **16.07.2015**. Also, further on this year there are **two** more **deadlines** on **24.09.2015 and 26.11.2015**. --- There are three types of project that are supported under this programme: - **Proof of Market** (up to **£25,000** grant, with i**ntensities** up to  **60%** of total project costs and **9 months duration**) – used to asses commercial viability - **Eligible expenses:** market research, market testing and competitor analysis, intellectual propriety position, initial planning to take the project to commercialization. - **Proof of Concept** (up to £100,000 grant, with i**ntensities** up to  **60%** of total project costs and **18 months duration**) – used to explore the technical feasibility and commercial potential of a new technology, product of process - **Eligible expenses:** initial feasibility studies, basic prototyping, specialist testing and/or demonstration to provide basic proof of technical feasibility, intellectual propriety protection, investigation of production and assembly options. - **Prototype Development** (up to £250,000 grant, with i**ntensities** up to  **45%** of total project costs and **2 years duration**) – used by companies to develop a technologically innovative product, service or industrial process - **Eligible expenses:** small demonstrators, intellectual propriety protection, trials and testing (including clinical), market testing, market strategies, identifying routes to market, product design work, pre-clinical studies for medicine. --- Any **UK** **SME undertaking research and development** may apply; applications are accepted on a rolling basis for assessment by independent experts and you may only submit one application per category per round. Please feel free to contact us for further details and information about this action, as well as for exploring further funding opportunities for your development plans. 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