Innovate UK is to invest up to £15 million in innovation projects addressing technical or commercial challenges relevant to the health and life sciences sector that will lead to increased UK SME competitiveness, growth and productivity.
The Health and Life Sciences sector has a focus on agriculture, food and healthcare, underpinned by technologies developed in bioscience and medical research and enabled by expertise in engineering and physical sciences.
The aim of this competition is to stimulate and broaden business innovation in health and life sciences, leading to an increase in productivity.
- Grants can be awarded to consortia, led by a business of any size, working with other businesses and/or research organisations.
- All consortia must involve at least one SME and they will particularly welcome projects led by an SME.
- A project may focus on technical feasibility, industrial research or experimental development depending on the challenge identified.
- Projects can last from 6 to 36 months, with total costs of £50,000 to £2 million, depending on the type of project and activities proposed.
The competition opens on 12 Sept 2016. The deadline for applications is noon on 16 Nov 2016.
Competition Briefing Event
19 September 2016, London or webcast
Click here to register.
The Technology Strategy Board has unveiled a new Innovation Voucher scheme which provides funding for businesses to work with an external expert for the first time, to help them gain new knowledge in order to innovate, develop and grow. Businesses can work with a range of expert suppliers including universities.
The vouchers, which should help businesses develop ideas and improve performance, can support all types of innovation – for example, ideas for new or improved products, processes and services, using design to improve ideas or managing intellectual property.
Innovation vouchers are available to SMEs and should be applicable to one of the priority sectors: Agrifood, Built Environment and Space. They can provide up to £5,000 to pay for the expertise (up to £8k for Space).
The scheme opens on the 24th September when further information, including full guidance for applicants, will be available from the TSB website. Please see below the Innovation Vouchers flyer.
If you would like to provide expertise under the scheme, get in touch with Research and Business Services, who can help identify and approach suitable businesses for the scheme.
Contact: Dr Stephen Oyston, Business Development Manger, Research and Business Services. firstname.lastname@example.org, 0191 243 7667, 07557 085737.