Funding Competition Scope:
Across the world we are facing increasing healthcare challenges, both physical and financial. There is a need to provide for a growing, ageing population that has an increasing burden of disease. Healthcare costs are rising. The long-term sustainability of current models of provision is in doubt. The need to provide efficient and effective healthcare has never been more important.
To meet these challenges companies and academics must work together.
Biomedical Catalyst awards fund innovative solutions to healthcare challenges. The aim of the late stage award is to test a well-developed concept and show its effectiveness in a relevant environment. It could do this through:
- initial human proof-of-concept studies
- demonstration of clinical utility and effectiveness
- demonstration of safety and efficacy (including phase I and II clinical trials)
- developing production mechanisms
- market testing
- intellectual property protection
These solutions should be innovative healthcare technologies, products or processes that will help provide one or more of the following:
- disease prevention and proactive management of health and chronic conditions
- earlier and better detection and diagnosis of disease, leading to better patient outcomes
- treatments that either change underlying disease or offer potential cures
We will support projects from any sector or discipline, including but not limited to:
- stratified healthcare (both therapy and diagnostic components)
- advanced therapies (cell and gene therapy)
- digital health
- enabling medical technologies and devices
The work required will depend on the maturity and intended application of the technology you are developing. All projects are expected to build on prior credible research on your technology, product prototype or process. This prior research is likely to have included a demonstration or validation in an appropriate model system.
Funding and project details:
Up to £12 million to has been allocated to fund innovation projects in this competition.
For industrial research you could get:
- up to 70% of your eligible project costs if you are a micro or small business
- up to 60% if you are a medium-sized business
For experimental development projects that are nearer to market, you could get:
- up to 45% of your eligible project costs if you are a micro or small business
- up to 35% if you are a medium-sized business
Projects should last from 12 to 36 months. Projects must start by 1 February 2018 and end by 1 February 2021. Project costs to range in size from £250,000 to £4 million.
Dates and deadlines:
|Competition opens||Thursday 30 March 2017|
|Briefing event for applicants||Tuesday 4 April 2017|
|Registration deadline||Midday on Wednesday 31 May 2017|
|Application deadline||Midday on Wednesday 7 June 2017|
If you are interested in this competition?
Please email the Innovation SuperNetwork team at email@example.com or complete the form below so we can help you and guide you through the application process.