SME support to evaluate innovate medical technologies: Round 3
SMEs can apply for a share of £1.5 million to support the evaluation of innovative medical devices, diagnostics and regulated digital health products.
The Office for Life Sciences (OLS) will work with Innovate UK, as part of UK Research and Innovation, to invest up to £1.5 million in innovation projects. These will be to support developers of innovative medical devices, diagnostics and regulated digital technology to evaluate their product in a real world clinical setting.
You can choose from 2 options:
- Planning and preparation for a study. Project costs can be up to £50,000.
- A study to collect clinical performance and cost-effectiveness data. Project costs can be up to £250,000.
All projects must be business led.
Innovate UK are looking for studies that aim to develop an evidence base for products that address NHS priorities. Our support will allow companies to collect and analyse clinical performance and cost effectiveness data in an NHS setting.
You can work alone or collaborate with others as unfunded partners or sub-contractors. Only the lead partner can claim grant funding. Your project’s total eligible costs can be up to £50,000 for option 1 and up to £250,000 for option 2. Projects must start by 1 July 2019 and be completed by the end of July 2020. They can last between 3 and 12 months.
Competition opens: Monday 26 November 2018
Competition closes: Wednesday 30 January 2019 12:00pm
OxLEP Innovation Support for Business (ISfB) programme, Phase 2
ISfB Phase 2 is a £5.2m investment supporting Oxfordshire’s innovative entrepreneurs and small and medium sized enterprises (SMEs). We do this by assisting the development and commercialisation of innovative business ideas, as well as enhancing research and innovation infrastructure in Oxfordshire.
Through our latest ISfB programme, we also aim to promote business investment in research and innovation, as well as developing links between businesses and researchers.
We deliver the ISfB programme with partners from the University of Oxford, Cherwell District Council, Oxford City Council and Oxford University Hospitals NHS Foundation Trust and offer a customisable portfolio of help for eligible entrepreneurs, start-ups and businesses to encourage innovation.
Our support includes:
- ‘Go-create’ grants
- Coaching and mentoring
- Workshops, seminars and master classes
- Access to equipment, expertise and resources
To find out how we can support you to innovate email [email protected].