Small Business Research Initiative (SBRI) Healthcare has announced a competition offering funding for 12 small businesses to benefit from £100,000 for product development.
SBRI is looking to award a total of £1 million for ideas which focus on improving the living of older people with multiple morbidities (Phase 1). Companies who are successful in phase 1 are eligible to move on to more detailed product development and NHS validation, up to £2 million in funding can be secured across the two phases.
The competition closes 11th August 2015, winners will be announced in December. A briefing event to learn more about the competition will be held on 25th June in London.