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Unclaimed
Discovery tool, not advice. Every figure is the published rule, not a decision on your case.
Grants

SMART Innovation (SMARTCymru)

Status

Status not published

Rolling - contact Business Wales to discuss eligibility, subject to annual budget.

Open now
Amount
£500,000

Flexible RD&I support towards technical feasibility, development and demonstration. Intervention rates follow subsidy control limits (higher for micro and small enterprises). Specific caps are negotiated and are not published on the main page.

You must co-fund 50%. Work out the cash you need

Funder

Welsh Government / Business Wales

public · regional

Deadline: Open all year — Rolling - contact Business Wales to discuss eligibility, subject to annual budget.

Your odds
Not published

This funder does not publish a success rate. We rank it using the rate observed across similar programmes and label it as an estimate rather than implying we know.

Effort
major

Major bid — written case, budget, possibly partners.

You fund 50% yourself.

Who can apply

Open to businesses of all sizes, social enterprises, knowledge-based institutions and public sector organisations with an active operational base in Wales. Priority sectors: digital, net zero and decarbonisation, agri-tech and food, creative, life sciences and biotech, materials and manufacturing.

How to apply

  1. Complete the Business Wales contact form
  2. Eligibility discussion with an innovation specialist
  3. Develop and submit the full application with business plan
  4. Appraisal and offer letter
  5. Claim against evidenced eligible spend

What you will need

Related reading: How grant deadlines actually work · The Companies House number, explained

Apply on the funder's site

Source. https://businesswales.gov.wales/topics-and-guidance/develop-innovative-ideas-organisations-products-or-services/access-funding-and-support/our-funding-and-support/smart-innovation-funding

"flexible RD&I support to help your organisation to become more competitive, increase sales and enter new markets ... Applicants must have an active operational base in Wales and demonstrate that funding is essential for the proposed R&D to proceed."

Verified on 14 August 2026

Source: businesswales.gov.wales

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Paid, separate from Unclaimed

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