As part of the Industrial Strategy Challenge Fund, Innovate UK has today issued a call for feasibility studies and industrial research & development projects to address the challenges posed and opportunities offered by digital healthcare:
Digital health is evolving at a rapid pace and this is having a profound impact on healthcare delivery. Digital health uses data and technology to:
- improve patient outcomes
- improve access to healthcare
- make more targeted and personalised health interventions
- transform service delivery
- deliver new treatments and translational medicine
The aim of this competition is to speed up the development of new digital solutions to healthcare challenges and grow the industry.
Feasibility studies are smaller scale projects of up to one year for between £50k and £75k. Industrial research and experimental development projects are larger, from £500k – £1M and for up to 3 years. Different levels of grant are available to businesses depending on the type of research and size of the company.
Both types of project should be led by a UK-based SME. A business can be involved in up to 3 applications but may only lead on one.
Research organisations can participate as collaborators, but are limited to 50% of the total project costs. In addition all projects must show how they will improve the competitiveness and productivity for at least one UK SME invovled in the project.
A briefing webinar is taking place tomorrow, 1st August, and the competition closes to applications on 11th October.
Please contact your Faculty RFPM at an early stage if you’re interested in applying.