Directory for innovators
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Artificial Intelligence in Health and Care Award
The Artificial Intelligence (AI) Award is run by the Accelerated Access Collaborative (AAC) in partnership with NHSX and the National Institute for Health Research (NIHR). The Award will support technologies across the spectrum of development: from initial feasibility to evaluation within the NHS. In this round they are interested in innovation projects in the categories of development and clinical evaluation, real-world testing and Initial health system adoption.
Horizon Europe Work Programme 2021-2022: Health Cluster 1
Horizon Europe has a wide variety of open calls for healthcare, with closing dates in September 2021, April 2022 and September 2022. These include tackling diseases and reducing disease burden, staying healthy, health industry, health care, new technologies and digital solutions for a healthy society, and health-promoting environment.
New Future Fund
This UK-wide programme will deliver £375m of government funding via British Patient Capital, a commercial subsidiary of the British Business Bank. Due to high research and development costs, breakthrough technology companies typically require more capital than other companies, to fuel the later stages of their growth. Because of their ability to grow rapidly and have a significant economic impact, the growth of these innovative companies is critical to the UK’s future prosperity and economic recovery.
HSBC Loan Fund
HSBC UK has announced a £14 billion lending fund to support the UK’s small and medium-sized enterprises (SMEs). The Fund includes a ring-fenced £1 billion to help UK companies grow their business overseas, as well as a broader package of support. The initiative is available to UK businesses with a turnover of up to £350 million. Applicants do not need to be an HSBC customer to apply.
Creative England Investments
Creative England is supporting SMEs by providing competitive loans to digital businesses in order to make their growth plans a reality. The investments on offer are intended to fuel this fast-growing sector by financing business expansion and new products, leading to the creation of new high-quality jobs and Intellectual Property (IP). Loans from £50,000 – £250,000 are available with repayment terms ranging from 3-36 months. Interest rates range from 5% – 10%, depending on the risk profile of the applicant. This includes companies from within the digital healthcare sector.
UK Innovation & Science Seed Fund
The UK Innovation & Science Seed Fund (formerly known as The Rainbow Seed Fund) is a £27.1m early-stage venture capital fund building and growing technology companies stemming from the UK’s research base.
British Business Bank
BBB are a government-owned business development bank dedicated to making finance markets work better for smaller businesses. Whether you’re looking for finance to start a business, grow to the next level, or stay ahead of the competition, they say that they can deliver greater volume and choice of finance.
MedTech NAVIGATOR Innovation Grants
The MedTech NAVIGATOR Innovation Grants are designed to facilitate such bespoke interactions between SMEs and eligible Knowledge Providers, such as an NHS Trust, or a University, during the product development process. Each Innovation Grant (up to £7,500) is worth 50% of the total project costs up to a maximum of £15,000. Your business must pay the remaining 50% and any project costs over and above the £15,000 cap.
Merck 2021 Research Grants
The Merck research grants programme is open to scientists in all career stages who are affiliated with any research-based institution, university or company. Applicants submit their application for the focus topics containing non-confidential information only. You may apply for more than one grant or submit your application for more than one focus topic. If your application is successful, you are invited to submit a full proposal under confidentiality and join a deep-dive workshop with the other finalists. All applicants will be informed about the decision of the selection committee at the beginning of October.
Wellcome Discovery Awards
This scheme provides funding for established researchers and teams/co-applicants (which can include commercial businesses) from any discipline who want to pursue bold and creative research ideas to deliver significant shifts in understanding that could improve human life, health and wellbeing.
NIHR i4i Connect - Competition 5
i4i Connect is aimed at small-to-medium-sized enterprises (SMEs) developing medical devices, in vitro diagnostics and Tier 3a digital health technologies with direct patient benefits, looking to ultimately integrate into the NHS. The funding stream aims to help SMEs reach the next stage in the development pathway to apply for further funding, in particular for an i4i Product Development Award. i4i Connect is researcher-led and does not specify topics for research.
SBRI Healthcare - Competition 18: Stroke and Technology Competition
Applicants will be invited to tender for projects to develop technology enabled solutions addressing the below challenge: Stroke and Technology, including the following sub-categories: pre-hospital diagnosis, rehabilitation, life after stroke.