Small Business Research Initiative Healthcare (SBRI), which aims to promote UK economic growth whilst addressing unmet health needs, has announced two new competitions to find innovative products and services. Participants from the healthcare industry will have a chance to showcase their projects in Cardiovascular Disease and Integrated Care and Social Care.
The competitions are open to single companies or organisations from the private, public and third sectors, including charities, and will run in two phases. Phase 1 will address the technical feasibility of the proposed concept and will offer development contracts for a maximum of 6 months, awarding up to £100,000 per project. Phase 2 contracts, which successfully completed Phase 1, are intended to develop and evaluate prototypes or demonstration units from the more promising technologies with funding of up to £1m.
Developments will be 100% funded and suppliers for each project will be selected by an open competition process. They will also retain the intellectual property rights (IPR) generated from the project, with certain rights of use held by the NHS.
Participants will address challenges and offer potential solutions regarding the chosen subject area, while showing their strategic and innovative approach.
The deadline for applications is the 12th of August 2019.
Briefing events for businesses interested in finding out more about these competitions will be held on the 1st of July in London and on the 10th of July in Manchester.
To find out more about the competitions and important dates, please visit: https://sbrihealthcare.co.uk/wp-content/uploads/2019/06/SBRI_16_7_Integrated-Care-and-Social-Care-Challenge-Brief.