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£4 Million Grant Available For UK Biomedical SME's

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Biomedical Catalyst 2020: round 1, early and late stage awards

The aim of this early and late stage competition is to support companies with the development of a product or process that provides an innovative solution to a defined health and/or care challenge. This competition has just opened and enterprises can claim up to 70% of a projects total eligible costs up to £4 million.

The competition closes at 11am on 7th October.  It typically takes around 40 to 60 hours to prepare an award winning application, and we recommend you do this over a 3 to 4 week period.

Please get in touch if you'd like to know whether your project would likely qualify for this grant or would like any assistance in preparing the application.

Your project must:

  • have total eligible costs between £250,000 and £4 million
  • start on 1 March 2021
  • end by 29 February 2024
  • last between 12 months and 36 months

Who can apply?

To lead a project or work alone your organisation must:

  • be a UK registered micro, small or medium-sized enterprise SME or a research and technology organisation (RTO)
  • carry out its project work in the UK
  • intend to exploit the results from or in the UK

If the lead organisation is an RTO you must collaborate with at least one SME.

Academic institutions cannot lead or work alone.

Proposals:

The aim of this early and late stage competition is to enable companies to create a data package that can support the subsequent testing of their products, or to carry out evaluations in a clinical setting or other relevant environment.

Your project must focus on the development of a product or process that is an innovative solution to a defined health and/or care challenge.

These can include, for example:

  • 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

This competition combines the early and late stage strands of the Biomedical Catalyst.

Your project must focus on the development of a product or process that is an innovative solution to a defined health and/or care challenge.

Early stage

The aim of an early-stage award is to create a data package that is sufficient to support the testing of your product or process in a clinical setting or other relevant environment.

Late stage

The late-stage award is designed to test a well-developed concept and show its effectiveness in a clinical setting or other relevant environment.

Your project must build on prior credible research on a product prototype or process. This is likely to have included a demonstration or validation in an appropriate model system

Project dates:

  • 27 July 2020 - Competition opens
  • 4 August 2020 - Online briefing: watch recording
  • 7 October 2020 11:00am - Competition closes
  • 15 December 2020 - Invited to interview
  • 4 January 2021 - Interviews
  • 5 January 2021 - Interviews
  • 6 January 2021 - Interviews
  •  12 January 2021 - Applicants notified

Interested in applying? Get in touch to learn how Myriad Associates can help:

  • Win Rate - Myriad Associates’ boast a strong success rate with Innovate UK applications. 
  • Proven templates & tools for success - Our templates make it easy to collaborate & prepare a winning bid.
  • Honest & Trustworthy – We will not waste your time or money. If we feel your application won't succeed, we will tell you before we undertake the application process.
  • Highly rated UK & European bid writers - We have a highly experienced team of bid writers with proven UK & European success. So far in 2019/20, we've secured over €44m in grant funding for our clients.
  • Unlimited revisions - Our grant writers provide feedback on both successful and unsuccessful grant applications. We review this feedback with you to give you ongoing advice and guidance.
  • Risk-free Eligibility Call – Call us for a free eligibility call to see if you have an application worth applying for.

Click here to discuss your application with one of our expert grant bid writers or visit Innovate UK to find out more.

Where do I find more information?

For more information on this grant, please visit: https://apply-for-innovation-funding.service.gov.uk/competition/623/overview

Alternatively, contact us if you'd like to know whether your project would likely qualify for this grant.


Get in touch

Please contact us to discuss how working with Myriad Associates can maximise and secure R&D funding opportunities for your business.

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