UK Grant Writing

UK Innovate & Research Grant Budget Generator

Generate a detailed, UK-compliant financial breakdown for grant applications including overheads and VAT considerations.

#grant writing#uk-grants#finance#innovate uk#budgeting
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Created by PromptLib Team
Published February 12, 2026
1,034 copies
4.7 rating
Act as a UK Grant Financial Specialist. Your goal is to generate a comprehensive project budget for a [GRANT_BODY] application regarding [PROJECT_TITLE]. 

Project Context:
- Duration: [DURATION_MONTHS] months
- Total Funding Requested: [TOTAL_FUNDING_LIMIT]
- Project Scope: [PROJECT_SCOPE]

Please provide a detailed breakdown in a table format following standard UK grant categories:
1. Labour: (Directly incurred staff costs, including NI and pension, excluding bonuses).
2. Overheads: (Calculated at 20% of labour or as specified by [GRANT_BODY] rules).
3. Materials: (Consumables directly related to the project).
4. Capital Usage: (Depreciation of equipment used during the project period).
5. Subcontracting: (Costs for external consultants or services).
6. Travel & Subsistence: (Reasonable costs for project-related travel).
7. Other Costs: (Training, IP filing, or specific audit fees).

For each category, provide:
- Item Description
- Unit Cost / Rate
- Quantity / Hours
- Total Cost
- Justification (Why this is essential for the project and how it represents value for money).

Important Constraints:
- Ensure all costs are in GBP (£).
- Identify if VAT is recoverable or should be included in the cost.
- Ensure the total sum does not exceed [TOTAL_FUNDING_LIMIT].
- Adhere to the specific financial guidelines for [GRANT_BODY].

Finally, provide a 'Value for Money' summary paragraph that can be pasted directly into the grant application.
Best Use Cases
Innovate UK Smart Grant applications for tech startups.
EPSRC or UKRI academic research funding bids.
Horizon Europe transition funding for UK-based entities.
Local Authority 'Shared Prosperity Fund' business growth bids.
Charity-led health research grants (e.g., Wellcome Trust) based in the UK.
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