The range of funding available through R&D Grants is generally between £/€50k to £/€20m. This is a huge range and will depend on the specific call for funding and how many partners are working together on the specific R&D project.
In general terms:
- R&D Grant Funding for SMEs ranges between £/€50k and £/€2.5m
- R&D Grant Funding for Researchers, Universities and RTOs ranges between £/€750k and £/€5m
- R&D Grant Funding for Collaborative Projects ranges between £/€250k and £/€20m
Keep in mind that some R&D grants offer funding at the start of the project (mainly European R&D Grants) while some require the applicant(s) to cashflow the first quarter of the project before retrospectively paying the first grant claim.