Funding competitions open for innovative technologies

Innovate UK, the Government’s major funder of innovation, will be launching two major funding streams in July 2018 in the area of health and medicine.

1. SME support to evaluate innovative medical technologies: round 2

Innovate UK and the Office for Life Sciences (OLS) have made £1.5 million available,

“to support developers of innovative medicines, medical devices, diagnostics and regulated digital technology to evaluate their product in a real world clinical setting.”

SMEs are set the challenge of providing the evidence that they have created products capable of addressing NHS priority problems. Two funding options are available for application, depending on the stage of development of the product in question:

  1. Study planning and preparation. Project costs up to £50,000
  2. Collection of clinical performance and cost-effectiveness data study. Project costs up to £250,000

All projects are to be led by the SME, but may have collaborative teams to carry out the work.

Deadline: 22 August 2018, 12 noon

2. SBRI: antimicrobial resistance (AMR) in humans

Innovate UK and the Department for Health and Social Care are investing up to £10 million across two funding types in order to tackle the increasingly challenging topic of antimicrobial resistance (AMR).

The funding options are:

    1. Strand 1 projects must explore the scientific and technical feasibility of innovative solutions through proof of concept studies. They must focus on infection prevention and the development of new therapies and vaccines in relation to AMR. Project size: up to £500,000. Duration: up to 12 months.
    2. Strand 2 projects should be technically more advanced and can include:
      • proof of concept in a model system
      • progression of a technical evaluation to the point of readiness for clinical testing
      • demonstration of effectiveness in humans, patients or the relevant environment

      Project size: up to £2 million. Duration: 12-24 months.

Deadline: 22 August 2018, 12 noon

For more information, please see the Innovate UK website.

Tagged with

Published on 11. July 2018 in News, News UK