SMART Cymru / Welsh Innovation Funding
Business Wales / Welsh GovernmentWales£10k – £500k
Who can apply
Businesses based in Wales undertaking R&D and innovation projects; intervention rate depends on company size and project stage.
Key criteria
- Wales-based organisations (Business Wales)
What it funds
Welsh Government support for businesses to develop, implement and commercialise new products and processes, co-funding R&D stages from feasibility through to exploitation.
How to apply
Contact Business Wales innovation specialists; staged application aligned to project phase.
Evidence you'll need
- Project plan
- Costings
- Accounts
Last checked against the official source: 3 Jul 2026. Scheme parameters are set by the funder and can change — verify before applying, or let us do it for you.
Ask about eligibility
Plain-English answers about this scheme's published criteria — not application advice.
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