Funding competition: Innovation in Health and Life Sciences - Round 2
Innovate UK is investing up to £15 million in projects addressing technical or commercial challenges in health and life sciences (H&LS).
The H&LS sector focuses on agriculture, food and healthcare. It is supported by bioscience technology, medical research and engineering and physical sciences expertise. The aim is to increase competitiveness for UK small and medium-sized enterprises (SMEs).
A growing, ageing and increasingly wealthy global population is placing more and more demand on health services and on food production. This is creating new opportunities for UK businesses to develop new medicines and therapies and for improved food production.
The aim of this competition is to stimulate innovation in H&LS. Projects must align with at least one of the following Innovate UK priority areas to:
- increase yield, quality and sustainability in agriculture and food production
- support advanced therapies (cell and gene therapies), precision medicine or preclinical technologies
- develop bioscience techniques and capabilities that have the potential to improve healthcare and/or agriculture and food production in the future
Proposals must indicate how projects will enable a step change in competitiveness and productivity for at least one UK SME involved in the project.
Grants can be awarded to projects led by a UK-based business of any size. In certain circumstances a research and technology organisation (RTO) may also be eligible to lead.
Innovate UK welcomes projects led by SMEs. An SME can apply on its own for funding up to £100,000. All consortia must involve at least one SME.
Projects are expected to last from 6 months to 3 years and range in size from total project costs of £50,000 to £2 million.
There are 2 options for applications to this competition:
- £5 million for projects that last from 6 months to 1 year with total project costs from £50,000 to £100,000
- £10 million for projects lasting from 1 year to 3 years with total project costs between £100,000 and £2 million
The competition opens on 6 February 2017 and you must register before midday on 5 April 2017. You must apply before midday on 12 April 2017.
For more information on the competition themes, conditions and application process, please visit the competition's website.