Biomedical Catalyst 2024 Round 1: Industry-led R&D

Key Features

UK registered SMEs can apply for a share of up to £15 million to develop innovative solutions to health, and healthcare, challenges. This funding is from Innovate UK.

Programme:     Innovate UK

Award:     Share of up to £15 million

Opens: 2nd Sep 2024

Closes: 16th Oct 2024

! This scheme is now closed

Overview

Innovate UK, part of UK Research and Innovation, will invest up to £15 million in innovation projects in the Biomedical Catalyst 2024 Round 1: Industry-led R&D competition.

Scope

The aim of this industry-led R&D competition is to support SMEs to develop innovative solutions to address health, and healthcare, challenges.

Your project can include:

  • experimental evaluation (at laboratory scale)
  • use of in vitro and in vivo models to evaluate proof of concept or safety
  • exploring potential production mechanisms
  • prototyping
  • product development planning
  • intellectual property protection
  • a demonstration of clinical utility and effectiveness
  • a demonstration of safety and efficacy (including phase 1 and phase 2 clinical trials)
  • regulatory planning

This list is not intended to be exhaustive.

Portfolio approach

Innovate UK want to fund a variety of projects across different technologies and themes. Innovate UK call this a portfolio approach.

Specific Themes

Your project can focus on any health, or healthcare, sector or discipline including:

  • advanced therapies (including gene and cell therapies)
  • biosciences
  • preclinical technologies and drug target discovery
  • therapeutic and medicine development
  • diagnostics
  • medical technology and devices
  • precision medicine
  • digital health
  • independent living

This list is not intended to be exhaustive.

Eligibility

Your project must:

  • have total project costs between £150,000 and £4 million
  • not exceed a grant request of £2 million
  • have at least 50% of the total project costs shared by the SMEs, if collaborative
  • last between 6 months and 36 months
  • carry out all of its project work in the UK
  • intend to exploit the results from or in the UK
  • start by 1 May 2025
  • end by 30 September 2028

Projects must always start on the first of the month, even if this is a non-working day. You must not start your project until your Grant Offer Letter has been approved by Innovate UK. Any delays within Project Setup may mean we need to delay your project start date.

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 eligible in this competition, you may be invited to attend an interview.

Lead organisation

To lead a project or work alone your organisation must be a micro, small or medium-sized enterprise (SME).

More information on the different types of organisation can be found in our Funding rules.

Academic institutions cannot lead or work alone.

Project team

To collaborate with the lead, your organisation must be one of the following UK registered:

  • business of any size
  • academic institution
  • charity
  • not for profit
  • public sector organisation
  • research and technology organisation (RTO)

Each partner organisation must be invited into the Innovation Funding Service (IFS) by the lead to collaborate on a project. Once partners have accepted the invitation, they will be asked to login or to create an account in IFS. They are responsible for entering their own project costs and completing their Project Impact questions in the application.

Partners must accept terms and conditions (T&Cs) and complete the subsidy question in order for the application to be submitted.

Non-funded partners

Your project can include partners that do not receive any of this competition’s funding, for example non-UK businesses. Their costs will count towards the total eligible project costs.

Subcontractors

Subcontractors are allowed in this competition.

Subcontractors can be from anywhere in the UK and you must select them through your usual procurement process.

You can use subcontractors from overseas but must make the case in your application as to why you cannot use suppliers from the UK.

You must provide a detailed rationale, evidence of the potential UK contractors you approached and the reasons why they were unable to work with you. We will not accept a cheaper cost as a sufficient reason to use an overseas subcontractor.

Extenuating circumstances where overseas work may be allowable include, for example, clinical trials in a specific patient population. The assessors will be asked to judge whether you have sufficiently made a case for the use of overseas subcontractors.

All subcontractor costs must be justified and appropriate to the total project costs.

Number of applications

An SME can only lead on one application but can be included as a collaborator in two further applications.

If an SME is not leading on any application, it can collaborate in any number of applications.

A research and technology organisation (RTO), a large business, academic institution, charity, not for profit or public sector organisation can collaborate on any number of applications.

Sanctions

This competition will not fund you, or provide any financial benefit to any individual or entities directly or indirectly involved with you, which would expose Innovate UK or any direct or indirect beneficiary of funding from Innovate UK to UK Sanctions. For example, through any procurement, commercial, business development or supply chain activity with any entity as lead, partner or subcontractor related to these countries, administrations and terrorist groups.

Use of animals in research and innovation

Innovate UK expects and supports the provision and safeguarding of welfare standards for animals used in research and innovation, according to best practice and up to date guidance.

Any projects selected for funding which involve animals will be asked to provide additional information on welfare and ethical considerations, as well as compliance with any relevant legislation as part of the project start-up process. This information will be reviewed before an award is made.

You can use a previously submitted application to apply for this competition.

Exclusions

Innovate UK will not fund projects that:

  • are fundamental research or feasibility projects
  • are not related to human life sciences
  • focus on a product that is already on the market
  • focus on laboratory accreditation
  • are conducted to anything less than the highest standards of animal welfare

Innovate UK cannot fund projects that are:

  • dependent on export performance, for example, giving a subsidy to a baker on the condition that it exports a certain quantity of bread to another country
  • dependent on domestic inputs usage, for example, giving a subsidy to a baker on the condition that it uses 50% UK flour in their product

Funding Costs

Up to £15 million has been allocated to fund innovation projects in this competition. Funding will be in the form of a grant.

You must not claim more than £2 million in grant against your total eligible project costs. A minimum of 50% of your total eligible project costs must be incurred by the SMEs, if collaborative.

The total grant request in your application cannot exceed £2 million. This is regardless of the individual partner’s grant claims.

The balance between your total eligible project costs and the amount of grant awarded must be funded by the organisations receiving the grant.

If 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 but for the purpose of this project will be undertaking commercial or economic activity.

For industrial research projects, you can get funding for your eligible project costs of:

  • up to 70% if you are a micro or small organisation
  • up to 60% if you are a medium sized organisation
  • up to 50% if you are a large organisation

For experimental development projects which are nearer to market, you can get funding for your eligible project costs of:

  • up to 45% if you are a micro or small organisation
  • up to 35% if you are a medium sized organisation
  • up to 25% if you are a large organisation

For more information on company sizes, please refer to the company accounts guidance.

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.

Research participation

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 can 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 eligible project costs if you are an RTO, charity, not for profit organisation, public sector organisation or research organisation

Interested in applying for this competition?

Book an appointment to speak to one of our advisors to discuss your eligibility to apply for this Grant Funding opportunity.