SMART
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 Download SMART brochure
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SMART enables businesses to share research and development (R&D) financial risks, and also to increase their competitiveness and their investment in innovation.
Competitive financial awards
The SMART stage one and two programme elements support individuals and small firms in carrying out technical and commercial feasibility studies over a 6-18 month period. SMART financial awards are competitive. Assistance is not automatic, but you could receive up to £45,000 at stage one carry out the research, and up to £150,000 at stage two of the programme.For smaller projects, the SMART Micro programme offers grant assistance of up to £10,000. This can be used to fund the development of low-cost prototypes of products or processes.
Who is eligible?
SMART is open to individuals intending to start a business in Northern Ireland, sole traders, partnerships, independent companies, or part of a group operating from or planning to operate from Northern Ireland that meets the EC definition of a ‘small or micro enterprise’.Find out more - register for a seminar
There are a series of seminars taking place throughout Northern Ireland where you can find out more about the SMART Awards.| Date | Time | Venue |
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| Tuesday 29 April | 10:00-11:00 | Invest NI Belfast |
| Tuesday 29 April | 15:00-16:00 | Invest NI Ballymena |
| Wednesday 30 April | 10:00-11:00 | Invest NI Londonderry |
| Wednesday 30 April | 15:00-16:00 | Invest NI Omagh |
| Thursday 1 May | 10:00-11:00 | Invest NI Newry |
Application forms and guidance
Closing date
The closing date for SMART applications is 30 May 2008 at 17:00.Contact
Contact your Client Executive, or:Paul Malcomson
T: 028 9069 8836
E: paul.malcomson@investni.com
