Innovate UK, part of UK Research and Innovation, invests up to £25 million in the best game-changing and world-leading ideas, designed for swift, successful commercialisation. Ideas need to be genuinely new.
The Innovate UK Smart grant has focused scope and eligibility criteria to support SMEs and their partners develop disruptive innovations with significant potential for rapid economic return to the UK. The application process reflects the importance of obtaining economic benefits from public funding, and the potential for successful commercialisation, growth, and exports.
Proposals must be business focused, with deliverable, realistic, adequately resourced plans to achieve return on investment, growth and market share following project completion.
Applications can come from any area of technology and be applied to any part of the economy.
Less than 10% of applicants are successful in their bid for the award and we are proud to say we are in that elite group!
Industry & Academic Collaboration
The project is an industrial and academic collaboration between Garland Surgical and the University of Leeds. It contributes to a £500K research project that will enable us to reach some key product development and regulatory milestones on our MaltaHip commercialisation journey. The 15 month-long undertaking will also involve collaboration with the inventing team at the University of Malta, and the Advanced Manufacturing Research Centre at the University of Sheffield.