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  • Innovation funding available for healthcare companies

Innovation funding available for healthcare companies

07 Dec 2009

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Up to £300, 000 of funding is now available for Healthcare Technologies companies, through the latest call of the The National Institute for Health Research's Invention for Innovation (NIHR) (i4i) programme - designed to encourage innovation in the sector, accelerate growth in the region, and improve the health of the population.

The National Institute for Health Research's Invention for Innovation (NIHR) (i4i) programme would like to invite submissions of applications to funding streams 3a and 3b.

Stream 3a applications must include collaboration between at least one industry and one research (academic or clinical) partner aiming to determine the commercial viability of a proposed device or technology, with the development of a robust route to market and a strong, appropriate consortia serving as key deliverables. Primarily expected to be the first stage of a full collaborative applied research project, total project costs can be no more than £100K in total, of which 75% funding is available.

Stream 3b applications should build on the results of a completed assessment of feasibility and must also have collaboration between at least one industry and one research partner (academic or clinical). This will provide further evidence of the capability to deliver improved healthcare outcomes and commercial opportunity, delivering an advanced prototype along with plans for commercial and intellectual property exploitation. Lasting no longer than 3 years, successful projects will be funded to a maximum of 50% of the total project costs, with £100K-£300K per year in funding available.

All applications must show innovation and must have relevance, impact and potential to contribute to future health gain for patients and the general population. This programme is open to research providers in the industry, academic, and NHS communities across the UK.

For further information on eligibility and to submit an application please visit the website or email any questions that you may have.

 
Applications must be submitted via the NIHR CCF website no later than 5.00pm on Friday 29th January 2010. Applicants will be notified of the outcome of their application by late March 2010.

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