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Mark Glover 12 th January 2011 Biomedical Catalyst and Other Current Funding Calls 24 th June 2014 – Cardiff Neil Morgan, Medtech Specialist
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A national organisation promoting technology-enabled innovation… for business benefit, economic growth, and quality of life Investment Criteria Does the UK have the capability? Is there a large market opportunity? Is the idea ready? Can the Technology Strategy Board make a difference? The Technology Strategy Board
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Health+Care Assisted Living Innovation Platform (ALIP) Biomedical Catalyst Regenerative Medicine Stratified Medicine Innovation Platform (SMIP)
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TSB and MRC jointly investing £180m over first 3 years to: Support healthcare R&D carried out in partnership between clinicians, academics and industry (SMEs) Drive translation of innovative ideas into marketable products and services more rapidly and more effectively ensuring maximum healthcare impact Deliver economic growth
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Eligibility SME Businesses & Researchers NOT large business Individually Collaboratively Scope innovative ideas addressing a healthcare challenge Any sector, any discipline Potential for significant UK economic impact NOT marketing projects NOT blue sky research
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Scheme includes 3 categories of grant for business-led applications: –Feasibility: up to 12mths; maximum grant £150k (75% eligible project costs ) –Early Stage and Late Stage: 1 to 3 yrs; maximum grant £2.4m (up to 60% eligible project costs) Grants are per partner, not per project Not every round includes all three categories: see –www.innovateuk.org/content/competition/biomedical-catalyst.ashxwww.innovateuk.org/content/competition/biomedical-catalyst.ashx
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Application Assessment What do we look for? Technical/scientific innovation Freedom to operate Strong commercial proposition Realistic exploitation plan Strong team Good project plan with appropriate cost structure
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Current Status (business-led projects): Rounds 1,2,3&4 combined: out of 563 proposals received (requesting £521m); 122 funded = £96.8m Round 5: 80 Early + Late stage proposals and 75 Feasibility proposals requesting over £100m total; 23 Feasibility projects funded = £3.2m. Assessment of Early and Late stage still in progress Round 6: 84 Early + Late stage applications received.
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Key Dates Round 7: Late Stage only Time lineDates Competition Open5 th June 2014 Registration ClosesNoon 23 rd September 2014 Deadline for EOI applicationsNoon 1 st October 2014 Applicants Informed of decision24 th October 2014 Full Stage opens (for invited applications)27 th October 2014 Deadline for submission of the full applicationNoon 26 th November 2014 Full Stage Applicant Interview (TBC)February 2015 Full briefing and MedTech Workshop: 24 th JuneQueens Hotel, Leeds
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Other Funding Calls: Digital Care in a Connected Hospital Technology Inspired Innovation SBRI: Rapid Testing for Drugs and Alcohol Welsh Health Tech Launchpad Patient Stratification and Neurodegenerative Diseases www.innovateuk.org
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Digital Health in a Connected Hospital £6m Collaborative R&D comp This competition is focused on health informatics – specifically, using data to address healthcare needs within a hospital setting. Covering four areas: Accident and Emergency Planned Care Health Analysis Connected Care
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Digital Health in a Connected Hospital £6m Collaborative R&D comp Expected size of Projects: £600k-£1m, 12-36 months 2 Stage Competition with an Expression of Interest stage: Registration closes: 25 th June at Noon Expression of interest closes: 2 nd July at Noon
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£2.75m: Technology-Inspired Innovation Collaborative Feasibility Studies Single-stage competition process Projects summary: –Projects must be collaborative –Must be led by a small or micro company –Partners can be industrial and/or academic Projects lasting 6-15 months Expected project sizes: £50-150k
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SBRI: Rapid Testing for Drugs & Alcohol This competition seeks a step-change in their simultaneous detection in the human body through a non-intimate, rapid screening test. £325k from Home Office to prove concept of reliable and accurate tests, e.g. –optical measurement directly through the skin –skin-surface measurements –breath or saliva measurements –NOT immunoassays
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Key dates The competition opened on Tuesday 6 th May 2014 and will close at midday on Wednesday 9 July 2014. For further information please visit: https://sbri.innovateuk.org/competition-display- page/- /asset_publisher/E809e7RZ5ZTz/content/rapid- testing-for-drugs-and-alcohol/1524978 https://sbri.innovateuk.org/competition-display- page/- /asset_publisher/E809e7RZ5ZTz/content/rapid- testing-for-drugs-and-alcohol/1524978
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For more information... competitions@innovateuk.org Competition Helpline: 0300 321 4357 https://connect.innovateuk.org www.innovateuk.org Menu: Funding & support / Funding competitions
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