How to get Smart Grants from TSB

TSB's Smart Grant scheme is the most reliable grant scheme for UK Tech companies.

And yet obtaining one of those grants is far from a sinecure! The articles below might help, but if not, get in touch with us or call us on 0207 7488 999.

Grants from £25k to £250k

There are three kinds of Smart Grants available: Proof of Market (£25k, 60% match funded), Proof of Concept (£100k, 60% match funded), Development of Prototype (£250k, 45% match funded). Which one you should go for depends on the stage of the company, its finances, the kind of product it's looking to develop, etc. Grants can be extremely competitive, so whether you decide to write it yourself or use an advisor, be sure to read the articles below.

Upcoming TSB deadlines: 27 September 2012, 29 November 2012, 24 January 2013, 21 March 2013.

Key Concepts

> How does match funding work?
> What kind of software project gets funded?
> What does 'building future markets' mean?

How to write it

> How can I keep my application cohesive and convincing?
> How do I answer the ROI question?
> What should be the tone of a TSB Application?
> How do I answer the Business Opportunity question?

Misc

> Success Statistics: How many applications get funded each round?
> Guidance for applicants: PoM, PoC, DoP (TSB)

R&D Tax Credits

> What are R&D Tax Credits?
> What kind of startups can claim R&D Tax Credits?
> How to file R&D Tax Credits yourself
> Does my project qualify?
> Accountants: Should you file tax credits with them? How much should they charge?
> What are HMRC audits like?
> What are the exact rates to apply?
> Is my company an SME for tax credits?
> How to claim tax credits if you're unprofitable