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No deadline information on this page; applicants are directed to contact Business Wales directly.
SMART Innovation is a grant from Business Wales that funds research, development, and innovation (RD&I) activities for organizations in Wales seeking to become more competitive, increase sales, or enter new markets. The program provides flexible, discretionary support for a range of project types, with priority sectors including net zero and decarbonisation, agri-tech, life sciences, creative industries, and advanced manufacturing.
Eligible applicants include businesses of all sizes, social enterprises, knowledge-based institutions, and public sector organizations. Projects must be based in Wales and deliver measurable economic benefits to the Welsh economy.
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SMART Innovation Funding | Business Wales In Wales, you'll find dedicated guidance and support to help Welsh organisations achieve "Innovation Excellence". To us, innovation means creating and applying new or improved technologies, systems or processes that improve your organisation or opens new markets. This could include using knowledge and expertise to develop solutions that solve problems, improve efficiency or deliver value.
SMART Innovation Funding is a discretionary grant funded programme across Wales delivering flexible RD&I support to help your organisation to become more competitive, increase sales and enter new markets. IS SMART Innovation Funding right for you? SMART Innovation Funding is open to businesses of all sizes (micro, SME and large), Social enterprises, Knowledge- based institutions and public sector organisations.
To be eligible, your activity must align with at least one of these aims.
Increase business research and development (R&D) spending in Wales Boost innovation in Welsh business Attract competitive business focussed R&D investment into Wales Support collaboration between businesses and knowledge-based institutions in Wales and internationally Increase productivity in the Welsh economy Your project must also be based in Wales and deliver measurable benefits for the Welsh economy.
Applications from organisations based outside Wales Applications from knowledge-based institutions without business or industry partnership Activity that does not align with Welsh Government policy We prioritise projects in these key sectors: Net zero and decarbonisation Agri-tech, food and rural economy Creative industries and media Life sciences and biotech Materials and manufacturing Interested in our Smart Innovation Funding and think you're eligible?
Complete the Business Wales contact us form , and a member of the team will be in touch to discuss your enquiry. If you're eligible, an innovation specialist will be assigned to work with you through to award. You can view our guidance and application forms here , however we strongly recommend getting in touch with a member of the team before submitting your application.
Please note if you are a business, a business plan is a requirement to access the funding. Lines are open 10am to 4pm Monday to Friday. Rydym yn croesawu galwadau'n Gymraeg.
According to the current listing, eligibility includes: Businesses of all sizes, social enterprises, knowledge-based institutions, and public sector organizations based in Wales whose projects align with objectives such as increasing R&D spending, boosting innovation, or supporting business-knowledge institution collaboration. Confirm the full requirements in the official notice before applying.
SMART Innovation accepts applications on a rolling basis — there is no single fixed deadline. Check the official notice for any cycle-specific review dates.
SMART Innovation is funded by Business Wales. Verify program details on the funder's official page before applying.
Applications go through the funder's official portal — the Apply Now link on this page goes there directly.
The solicitation lists one required document: business plan. Check the official notice for formatting and page-limit rules.
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