Specialist R&D Tax & Grant Funding Advisors

Up to £12 Million Available For UK Biomedical SME's

UK registered businesses can apply for a share of up to £12 million to develop innovative healthcare products, technologies and processes.

Barrie Dowsett

Chief Executive Officer

18/10/2021

5 minute read


Biomedical Catalyst 2021 Round 2: Feasibility & Primer Awards

The aim of this competition is to explore and evaluate the commercial potential of an innovative scientific idea or carry out a technical evaluation through to proof of concept in a model system. Your project must focus on the development of a product or process that is an innovative solution to a health and care challenge.

If the majority of your organisation’s work on the project is commercial or economic, your funding request must not exceed the limits below. These limits apply even if your organisation normally acts non-economically.

For feasibility studies and industrial research projects, you could get funding for your eligible project costs of:

  • up to 70% if you are a micro or small organisation
  • up to 60% if you are a medium-sized organisation

The competition closes at 11am on 1st December.  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 £50,000 and £1million
  • Start on 1 April 2022
  • End by 31 March 2024
  • Last between 3 months and 24 months
  • Carry out all of its project work in the UK
  • Intend to exploit the results from or in the UK

Who can apply?

To lead a project or work alone your organisation must be a UK registered micro, small or medium-sized enterprise SME.

Academic institutions cannot lead or work alone.

Proposals:

This competition combines the feasibility and primer strands of the Biomedical Catalyst.

Your project can:

  • review research evidence and identify possible applications
  • assess business opportunities
  • assess or protect intellectual property
  • validate initial concepts and existing pre-clinical work through experimental studies
  • initially demonstrate using in-vitro and in-vivo models, but not human clinical trials
  • develop early-stage prototyping
  • acquire preliminary regulatory advice

Innovate UK particularly welcomes applications that support innovation in the following areas:

  • child health technologies
  • innovations that support clinical trials in the UK
  • biomedical innovations that combat the threat of antimicrobial resistance

Your project can align with one or more of the following:

  • medical technologies and devices
  • stratified healthcare
  • advanced therapies such as gene and cell therapies
  • digital health
  • drug discovery
  • diagnostics

This list is not intended to be exhaustive.

Project dates:

  • 18 October 2021 - Competition opens
  • 22 October 2021 - Online briefing event - watch the recording
  • 1 December 2021 11:00am - Competition closes
  • 24 January 2022 - Applicants notified

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

  • Win Rate - Myriad Associates’ boast a near 70% success rate with Innovate UK smart grant applications. In 2020, we submitted 6 applications of which 4 were successful. This is among the highest success rate in the industry.
  • 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. We've secured over €80m in grant funding for our UK & EU 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/1028/overview#summary 

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


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