Developing healthcare innovations : apply for business funding


Wednesday 06 June 2018

UK businesses can apply to the Biomedical Catalyst for a share of up to £10 million to develop innovative products and processes to healthcare challenges.

The Biomedical Catalyst fund has up to £10 million to invest in innovative projects that tackle some of the biggest healthcare challenges in the world.

The fund is a partnership between Innovate UK and the Medical Research Council. It aims to support innovative ideas across the life sciences sector, to make ideas from research and academia a reality.

Funding support is available in any sector or discipline including:

  • stratified healthcare
  • advanced therapies, such as gene and cell therapies
  • diagnostics
  • medical technologies and devices

Projects should develop innovative healthcare products, technologies and processes. This could include projects that aim to:

  • prevent disease or manage chronic health conditions
  • detect or diagnose disease earlier
  • provide tailored treatments that change the underlying disease or offer cures

There are 2 funding competitions being run. These are for:

  • feasibility studies to explore and evaluate the commercial potential of early-stage ideas. Up to £2 million is available
  • early-stage projects to create sufficient data to support later testing of products in a clinical or other relevant setting. Up to £8 million is available

Click here to find out more.


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