UK registered SMEs can apply for a share of up to £25 million in grants to develop innovative solutions to health and healthcare challenges.
Innovate UK, part of UK Research and Innovation, will invest up to £25 million in innovation projects. These will be to support UK-registered businesses develop innovative solutions to address significant health or healthcare challenges. The aim of this industry-led R&D competition is to support the development of innovative solutions to health and healthcare challenges.
The competition is now open and closes on 1 March 2023. The project’s total costs must be between £150,000 and £4 million. The total grant cannot exceed £2 million.
The project can focus on:
- disease prevention and proactive management of health and chronic conditions
- earlier and better detection and diagnosis of disease, leading to better patient outcomes
- tailored treatments that either change the underlying disease or offer potential cures
- transforming the delivery of healthcare
- the development of digital health technologies.
The Industry-led R&D stream of the Biomedical Catalyst programme supports pre-market R&D projects. Applicants must be able to demonstrate existing evidence of commercial and technical feasibility. Applications must show how they will improve the competitiveness and productivity of at least one UK SME involved in the project.
Click here to view the full details and to start an application.