SBRI: Healthy Ageing scaling social ventures

Overview

This is a Small Business Research Initiative (SBRI) competition funded by Innovate UK, part of UK Research and Innovation (UKRI).

The aim of the competition is to fund Social Ventures with the ability to scale and deliver social impact. Your proposal must address one or more of the 7 themes of the Healthy Ageing Challenge Framework.

This is a single-phase competition.

In applying to this competition you are entering into a competitive process.

Any adoption and implementation of a solution from this competition would be subject to a separate, possibly competitive, procurement exercise. This competition does not cover the purchase of any solution.

This competition closes at 11am UK time on the date of the deadline.

Scope

The aim of this competition is to enable businesses with a social purpose to scale up existing innovative products, processes and services where the innovation element is at a Technology Readiness Level (TRL) between 3 and 7.

In this competition you must:

address one or more of the 7 themes identified by the Healthy Ageing Challenge Framework to support people as they age
identify a clear route to market, scalability and sustainability for your product or service
have a validated business plan to scale your product or service and plan to scale by at least 25% of current baseline
include an evidence-based theory of change
provide evidence of an existing lead customer who is using your product or service and the plan to increase their uptake
detail a minimum of one and up to four new customers and an implementation plan for each
describe how scaling your innovation addresses critical social or environmental challenges
demonstrate a causal link between your business activities and achievement of your declared social or environmental impact
describe how all social impact will be measured, evidenced, and reported
outline your commitment to specific social outcomes, clearly identifying beneficiaries related to your social or environmental mission
explain how any profits after tax will be distributed so surpluses are used to achieve future social or environmental impacts
describe how ongoing collaborations between all members of the project team will develop
have the required ethical approvals, data sharing agreements and contracts in place

Contracts will be given to successful applicants.

You must demonstrate a credible and practical route to market, so your application must include a plan to commercialise your results.

Specific Themes

Your project can focus on one or more of the following 7 themes from the Healthy Ageing Challenge Framework:

living well with cognitive impairment
sustaining physical activity
maintaining health at work and work in later life
managing the common complaints of ageing
design for age-friendly homes
creating healthy active places
supporting social connections

Exclusions

Innovate UK will not fund projects that:

do not have an existing lead customer
do not have at least one additional new customer engaged
do not plan to scale by at least 25 % of your existing baseline of product, process or service
do not have a strong social impact, focus or purpose
do not address any of the 7 themes from the Healthy Ageing Challenge Framework
include clinical trials, clinical studies, or fundamental research
require regulatory approval
do not involve the development of early stage TRL 3 to 7 products or processes
do not involve the development of an innovation element to enhance impact or commercial viability of an existing service following an initial pilot

Funding Costs

A total of up to £3million, inclusive of VAT, is allocated to this competition.

The R&D contracts will be between £200,000 to £500,000 inclusive of VAT, for each project for 6 to 12 months. We expect to fund between 6 and 12 projects.

The total funding available for the competition can change. The funders have the right to apply a ‘portfolio’ approach.

The contract is completed at the end of the competition, and the successful organisation is expected to pursue commercialisation of their solution.

Value Added Tax (VAT)

You must select whether you are VAT registered before entering your project costs.

VAT is the responsibility of the invoicing business. We will not provide any further advice and suggest you seek independent advice from HMRC.

VAT registered

If you select you are VAT registered, you must enter your project costs in your application exclusive of VAT. As part of the application process VAT will be automatically calculated and added to your project cost total. Your total project costs must not exceed £500,000

Not VAT registered

If you select you are not VAT registered, you must enter your project costs in your application exclusive of VAT and no VAT will be added. You will not be able to increase total project costs to cover VAT later should you become VAT registered. Your total project costs must not exceed £500,000

Research and development

Your application must have at least 50% of the contract value attributed directly and exclusively to R&D services, including solution exploration and design. R&D can also include prototyping and field-testing the product or service. This lets you incorporate the results of your exploration and design and demonstrate that you can produce in quantity to acceptable quality standards.

R&D does not include:

commercial development activities such as quantity production
supply to establish commercial viability or to recover R&D costs
integration, customisation or incremental adaptations and improvements to existing products or processes

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