UK registered SMEs can apply for a share of up to £25 million to develop innovative solutions to health and healthcare challenges. This funding is from Innovate UK.
Programme: Innovate UK
Award: Share of up to £25 million
Opens: 15th Aug 2022
Closes: 12th Oct 2022
Innovate UK, part of UK Research and Innovation is to invest up to £25 million in projects to support UK registered businesses to 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.
Innovate UK will only support innovation projects conducted to the highest standards of animal welfare.
Further information is available at the UKRI Good Research Hub and NC3R’s animal welfare guidance .
Your project can include:
Innovate UK want to fund a variety of projects across different technologies, markets, technological maturities and research categories. We call this a portfolio approach.
Equality, diversity and inclusion (EDI) considerations are highly encouraged where appropriate in the proposal. Applications will continue to be assessed on their innovation merit, where innovation is defined as the potential for commercially successful exploitation of ideas.
Your project can focus on any health or healthcare sector or discipline.
The Biomedical Catalyst now incorporates the Digital Health Technology Catalyst and will support digital health projects.
Your project can align with one or more of the following Innovation areas:
This list is not intended to be exhaustive.
Innovate UK will not fund projects that:
Your project must:
You must only include eligible project costs in your application. If you have requested an overall grant of over £500,000, and your online application is successful at Stage 1, you may be invited to attend an interview.
Under current restrictions, this competition will not fund any procurement, commercial, business development or supply chain activity with any Russian and Belarussian entity as lead, partner or subcontractor. This includes any goods or services originating from a Russian source.
To lead a project or work alone your organisation must be a UK registered micro, small or medium-sized enterprise (SME).
To collaborate with the lead, your organisation must be one of the following UK registered:
Each partner organisation must be invited into the Innovation Funding Service by the lead to collaborate on a project. Once accepted, partners will be asked to login or to create an account and enter their own project costs into the Innovation Funding Service.
For collaborations, the lead and at least one other organisation must claim funding by entering their costs during the application.
Subcontractors are allowed in this competition.
You can use a previously submitted application to apply for this competition.
Up to £25 million has been allocated to fund innovation projects in this competition. Funding will be in the form of a grant.
If the majority of your organisation’s work on the project is commercial or economic, your funding request must not exceed the limits below. These limits apply even if your organisation normally acts non-economically.
For industrial research projects, you could get funding for your eligible project costs of:
For experimental development projects which are nearer to market, you could get funding for your eligible project costs of:
For more information on company sizes, please refer to the company accounts guidance. This is a change from the EU definition unless you are applying under State aid.
If you are applying for an award funded under State aid Regulations, the definitions are set out in the European Commission Recommendation of 6 May 2003.
The research organisations undertaking non-economic activity as part of the project can share up to 50% of the total eligible project costs. If your consortium contains more than one research organisation undertaking non-economic activity, this maximum is shared between them.
Of that 50% you could get funding for your eligible project costs of up to:
·80% of full economic costs (FEC) if you are a Je-S registered institution such as an academic
·100% of your project costs if you are an RTO, charity, not for profit organisation, public sector organisation or research organisation
Book an appointment to speak to one of our advisors to discuss your eligibility to apply for this Grant Funding opportunity.