Investment opportunity: Precision Medicine Accelerator

Innovate UK is inviting UK-based investors to partner with them. Together you will provide simultaneous grant and investment to UK small and medium-sized enterprises (SMEs) working in precision medicine.

They are looking for patient investors who, as well as providing capital, will speed up growth by providing wider business skills, experience, market access and influence.

To join as an investor partner you must be an equity provider with a UK office. This can include charities and trusts.

The Innovate UK Investment Advisory Board will create a pool of investor partners. They want to ensure that they have good and appropriate geographic coverage across the whole of the UK, focusing on areas with particular strengths in the scope of this competition.

Against this background Innovate UK are particularly interested in investors who:

• can and do invest in companies beyond London and the South East
• are prepared to deploy capital with a patient and long-term view
• can add value to companies beyond finance, including leadership, market access, skills, resources and so on
• have the ability to follow their investment and syndicate to provide further capital when required
• can commit to helping the company grow and scale up
• can invest in early-stage companies, including university spin-outs and pre-seed investment
• have sector and technology-specific expertise relevant to the scope of this competition

Innovate UK have allocated up to £6 million to match fund private investment from investor partners in the second competition.

What will you be investing in?

Second Competition – opening 23rd July 2018 

The second competition will be open to projects from UK small and medium sized enterprises (SMEs) offering innovative solutions within precision medicine as technology that enables early and accurate diagnosis to inform patient treatment or improves the availability of targeted therapies.

Innovate UK are particularly looking for applications in: