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GrantWales

SMART Flexible Innovation Support (Wales)

Welsh Government (Business Wales / SMART Cymru)

Description

A discretionary Welsh Government programme (successor branding to the long-running SMARTCymru scheme) funding research, development and innovation projects for organisations of all sizes across Wales — from micro businesses to large companies, plus social enterprises and knowledge-based institutions — as part of a wider £20 million-plus Welsh Government innovation investment. Support includes expert guidance to develop an Innovation Plan alongside project funding.

Amount

Discretionary — typically around £100,000/year for up to 2 years per project, as part of a £20m Welsh Government innovation programme (verify exact figure with Business Wales for a specific project)

Deadline

Rolling / no fixed deadline

Eligibility summary

  • Available in: Wales.
  • Applicant must be a registered business.
  • Most relevant to: Technology & Digital, Manufacturing, Research & Development.
Notes
Updated August 2026: SMART FIS is a £20m Welsh Government programme (secondary sources cite a typical project value of around £100k/year for up to 2 years, though this varies by project level and requirement) — exact per-project cost-share percentage is still not published on the general programme pages, so contact Business Wales for figures specific to a project.
Requirement
Organisations based in Wales wishing to undertake research, development and innovation — open to micro, SME and large businesses, social enterprises, and knowledge-based institutions.

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How to apply

Contact Business Wales (03000 6 03000) or submit an enquiry via the SMART Innovation Funding page to discuss a project and available support.

View official source

Last verified: 19 August 2026. See the footer disclaimer — this is general information, not financial or tax advice.