GovWire

Tackling healthcare challenges: apply for business funding

Innovate UK

March 28
08:41 2017

The Biomedical Catalyst has up to 12 million to support innovative healthcare technologies and processes that could help to prevent disease or better manage and treat chronic health conditions.

Providing effective and efficient healthcare

Healthcare costs are rising across the world as a growing and ageing population brings with it an increasing burden of disease.

There is a greater need than ever to provide effective and efficient ways of meeting this healthcare challenge.

The Biomedical Catalyst supports innovative solutions to healthcare challenges. It is funded by Innovate UK, the Medical Research Council and Scottish Enterprise.

A range of projects

We are seeking projects across a range of fields including:

  • stratified healthcare (both therapy and diagnostic components)
  • advanced therapies (cell and gene therapy)
  • diagnostics
  • digital health
  • enabling medical technologies and devices

Funding is available for late-stage awards and could be for projects including:

  • initial human proof-of-concept studies
  • demonstration of clinical utility and effectiveness
  • demonstration of safety and efficacy (including phase I and II clinical trials)
  • developing production mechanisms
  • prototyping
  • market testing
  • intellectual property protection

Competition information

  • the competition opens on 30 March 2017, and the deadline for registration is midday on 31 May 2017
  • projects must be led by an SME either working alone or with others
  • we expect projects to range in size from 250,000 to 4 million and to last between 12 and 36 months
  • businesses could attract up to 70% of their project costs
  • a briefing event for potential applicants takes place on 4 April 2017

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