HealthTech and Medicines - October 2010 competition for funding

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The Technology Strategy Board proposes to stimulate innovation across its key enabling technology areas to help ensure that UK businesses are well-equipped to respond to the challenges presented by the economic downturn and slow recovery. We have allocated up to £18m to invest in collaborative research and development projects.

The core technology areas covered by this competition are:

  • Advanced Materials
  • Biosciences
  • Electronics, Photonics and Electrical Systems
  • High Value Manufacturing
  • Information and Communications Technology
  • Nanotechnology.

Funding allocation and application process

The Technology Strategy Board has allocated up to £18m to fund collaborative research and development projects that address the technical challenges and inspire and demonstrate new technologies that align with the scope described above.

  • We are primarily looking to fund applied research projects attracting 50% public funding
  • We expect to invest between £250k and £500k in each project, although projects outside this range will be
    considered
  • Projects will normally last two to three years and should deliver a tangible outcome such as a system or process
    demonstrator
  • All applications will be assessed on individual merit in accordance with the normal Technology Strategy Board
    process. However, in order to ensure coverage of the whole technology scope, we reserve the right to apply a
    ‘portfolio’ approach, subject to meeting the required quality threshold

This is a two-stage competition that will open on 12 October 2010 and expressions of interest (EOI) must be submitted by noon on 18 November 2010. The second stage for invited applications will open on 13 December 2010 andclose on 27 January 2011. We expect to be placing grant offer letters in March to enable projects to get started by May.

Visit InnovateUK for more information