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BEGIN:VEVENT
DTSTAMP:20260622T221825Z
DTSTART;VALUE=DATE-TIME:20190424T120000
DTEND;VALUE=DATE-TIME:20190424T120100
SUMMARY:Innovate UK - Smart grants February 2019
TZID:Europe/London
UID:20190424-8a17841a6919e0e4016924254ba909c1@warwick.ac.uk
CREATED:20190304T083050Z
DESCRIPTION:Smart is the new name for Innovate UK’s ‘Open grant funding’ 
 programme. These support cutting-edge or disruptive ideas or concepts wi
 th a view to commercialisation\, that may come from any area of technolo
 gy\, science or engineering\, including arts\, design\, media or creativ
 e industries\, and be applied to any part of the economy. Proposals must
  demonstrate: •a clear game-changing or disruptive innovative idea leadi
 ng to new products\, processes or services\; •an idea that is significan
 tly ahead of others in the field\, set for rapid commercialisation\; •a 
 strong and deliverable business plan that addresses market potential and
  needs\; •a team\, business arrangement or working structure with the ne
 cessary skills and experience to run and complete the project successful
 ly and on time\; •awareness of all the main risks the project will face 
 with realistic management\, mitigation and impact minimisation plans for
  each\; •sound\, practical financial plans and timelines\; •good value f
 or money\; •a clear\, evidence based plan to deliver significant economi
 c impact\, return on investment and growth through commercialisation\, a
 s soon as possible following project completion. Priority is given to pr
 oposals that demonstrate realistic\, significant potential for global ma
 rkets. The lead applicant must be a UK-based business or a research and 
 technology organisation and must carry out the project in the UK. Only S
 MEs may work alone\, and must be included in all collaborations. Academi
 c institutions cannot lead projects or work alone. Collaborators may be 
 UK businesses\, academic organisations\, charities\, public sector organ
 isations or RTOs ÌÇÐÄTVes claiming funding must be eligible to receive
  state aid. Non-eligible organisations may participate but cannot receiv
 e funding. Lead RTOs must have two or more business collaborators. The t
 otal budget is £20 million. Projects that last between six and 18 months
  should cost between £25\,000 and £500\,000. Projects that last between 
 19 and 36 months should cost between £25\,000 and £2m. For feasibility s
 tudies and industrial research\, small businesses are eligible to receiv
 e up to 70 per cent of eligible project costs\, medium-sized businesses 
 up to 60 per cent\, and large businesses up to 50 per cent. For experime
 ntal development projects that are nearer to market\, small businesses a
 re eligible to receive up to 45 per cent of eligible project costs\, med
 ium-sized businesses up to 35 per cent\, and large businesses up to 25 p
 er cent.
LOCATION:
URL:https://apply-for-innovation-funding.service.gov.uk/competition/324/o
 verview
ATTACH:https://apply-for-innovation-funding.service.gov.uk/competition/32
 4/overview
CATEGORIES:FunderDeadline
LAST-MODIFIED:20190304T083050Z
ORGANIZER;CN=Louisa Hopkins:
END:VEVENT
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