UK businesses and research and technology organisations can apply for a share of £6 million to develop precision medicine technologies.
Programme: Innovate UK
Award: Receive up to £1.4m
Opens: 11th Sep 2017
Closes: 25th Oct 2017
The focus of this competition is to support the development of precision medicine technologies.
Innovate UK defines precision medicine as better targeting of treatments for patients by combining clinical knowledge with advances in diagnostic techniques and data analysis. Precision medicine is also referred to as stratified medicine or personalised medicine.
Applicants may focus either on:
Applicants must be able to analyse and evaluate your concept’s potential, identify the requirements and resources needed to develop the technology, and establish the prospects of success.
A project can focus on feasibility studies or industrial research.
The work undertaken during a feasibility study can vary, but could cover:
1. Clarifying the value proposition of the concept to help healthcare providers and other customers to understand its attractiveness. This could include determining:
2. Initial technical activities including areas such as:
3. Assessing the required levels of technical performance to be a success, covering areas such as:
4. Determining what information will need to be collated from a regulatory or health technology assessment perspective.
These projects will allow companies to map out and understand the technical, operational, clinical, regulatory and adoption challenges they will need to meet.
Research and development
For research and development applications, you can develop and trial precision medicine technologies. Projects may focus on industrial research or experimental development, depending on the challenge identified. It can have work packages in different research categories if necessary. Applicants should evidence your understanding of the potential mitigation strategies for the technical, operational, clinical, regulatory and adoption challenges related to the project.
Project must look to advance precision medicine by guiding decision-making using one of the following approaches:
It is encouraged for applicants to work with the appropriate UK organisation in your area of precision medicine, such as:
It must be made clear how your proposed technology will advance precision medicine.
Specific competition themes
Feasibility proposals must offer innovative precision medicine technologies that improve the decision-making process for patient treatment selection. These should include project plans that demonstrate you intend to look at areas such as:
Research and development proposals must attempt to develop and trial innovative precision medicine technologies that improve the decision-making process for patient treatment selection. They must meet the scope by either:
All research and development proposals must demonstrate a clear understanding of market potential, routes to market, intellectual property issues and commercialisation strategies.
All projects must involve at least one SME. A business must lead be the lead in feasibility study projects. A business or research and technology organisation can lead a research and development project.
Research and development projects must:
Funding and project details
There is up to £6 million available to fund innovation projects in this competition.
Your project can focus on technical feasibility, industrial research or experimental development. This will depend on the challenge.
Feasibility projects can be up to £100,000. Research and development projects can range from £1 million to £2 million.
For technical feasibility studies and industrial research, you could get up to 70% of your eligible project costs if you are an SME.
For experimental development projects which are nearer to market, you could get up to 45% of your eligible project costs if you are an SME.