Funding for innovative businesses and academics that are looking to develop solutions to healthcare challenges in the UK.
The amount funded is dependent on the stage of the award applied for:
Feasibility Studies Award (total budget £2 million)
Total project costs are expected to be up to £200,000. Projects should last between three months and one year. Projects must start by 1 August 2017 and end by 1 August 2018.
Primer Award (total budget £8 million)
Projects are expected to range in size from total project costs of £200,000 to £1.5 million. Projects should last up to two years. Projects must start by 1 August 2017 and end by 1 August 2019.
The world is facing increasing healthcare challenges, both physical and financial. There is a need to provide for a growing, ageing population that has an increasing burden of disease. Healthcare costs are rising and the long-term sustainability of current models of provision is in doubt. The need to provide efficient and effective healthcare has never been more important and to meet these challenges, companies and academics must work together.
The aim of this Biomedical Catalyst Competition is to develop innovative healthcare technologies and processes that will help provide:
- Disease prevention and proactive management of health and chronic conditions.
- Earlier and better detection and diagnosis of disease, leading to better patient outcomes.
- Tailored treatments that either change the underlying disease or offer potential cures.
The following cannot be funded:
- Human clinical trials.
- Projects IUK considers to be too early stage (eg basic research, generation of pure scientific and technological knowledge, the development of research ideas, hypotheses and experimental designs without application).
- Projects IUK considers to be too close to market or which are already at market (eg evaluations to inform labelling, approval of pharmaceutical/device by relevant authorities, laboratory accreditation, distribution or marketing activity, post-marketing studies and post-marketing surveillance).
The scheme is open to applications from innovative small and medium-sized enterprises (SMEs) and academics (university or research and technology organisations) in the UK that are undertaking research and development, either individually or in collaboration.
Applicants must state any other sources of funding that have been sought and/or secured for the project.
There are two types of competition award:
- Feasibility Studies Award: to explore and evaluate the commercial potential of innovative scientific ideas through:
- Reviewing research evidence and identifying possible applications
- Assessing business opportunities
- Investigating the intellectual property position
- Validating initial concepts or existing pre-clinical work through experimental studies
- Identifying areas for further development
- Primer Award: to conduct a technical evaluation of the idea through to proof of concept in a model system, using:
- Experimental evaluation (lab-scale)
- Initial demonstration using in vitro and in vivo models (not human clinical trials)
- Potential production mechanisms
- Early stage prototyping
- Product development planning
- Intellectual property protection
Support will be considered for projects from any sector or discipline, including (but not limited to): stratified healthcare (both therapy and diagnostic components); regenerative medicine; diagnostics; digital health; and enabling medical technologies and devices.
The following key dates apply to this scheme:
- Competition open: 23 January 2017
- Briefing event for applicants: 6 February 2017
- Registration deadline: 12 noon, 22 March 2017
- Application deadline: 12 noon, 29 March 2017
Applicants must first register via the IUK website prior to making a full application.
Those who have registered will receive an email acknowledgement of the registration followed by a second email (up to 48 hours later) which will contain a username and password for IUK's secure upload facility along with a unique application number and form.
Once the username and password has been obtained the applicant can sign into the secure website to access the finance forms for this competition. The lead partner should submit the application form, project appendices (as PDF documents) labelled with the application number, partner finance forms for every non-academic partner in the project and Je-S submission PDF output document for every academic partner in the project.