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Grant

SMART Cymru R&D Funding

SMART Cymru is the Welsh Government R&D grant for Wales-based SMEs developing new products, processes or services. It funds technical feasibility, industrial research and experimental development at intervention rates tiered by company size and project stage. Best suited to companies with a defined R&D project and matched funding ready to commit. Typical next steps are scaling into Innovate UK Smart Grants or a Knowledge Transfer Partnership once Welsh-funded R&D has de-risked the technology.

About this funding

Welsh Government R&D funding helping Wales-based businesses develop new or improved products, processes and services.

Who can apply

Wales-based businesses carrying out R&D in Wales. Rates and caps depend on the activity (feasibility, development, exploitation).

Where it is available