Specialist R&D Tax & Grant Funding Advisors

Up to £25 Million Available For UK Biomedical SMEs

UK registered SMEs can apply for a share of up to £25 million to develop innovative solutions to health and healthcare challenges. This funding is from Innovate UK.

Barrie Dowsett

Chief Executive Officer

20/09/2022

10 minute read


Biomedical Catalyst 2022 Round 2: Industry-led R&D

The aim of this industry-led R&D competition is to support the development of innovative solutions to health and healthcare challenges.

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.

Any work involving animals must be conducted to the highest standards of animal welfare.

Your project can focus on:

  • 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
  • the development of digital health technologies

This list is not intended to be exhaustive.

The competition closes at 11:00am on 12 October 2022.  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:

Your project must:

  • have total project costs between £150,000 and £4 million
  • not exceed a grant request of £2 million
  • have at least 50% of the total project costs shared by the SMEs, if collaborative
  • start by 1 May 2023
  • end by 30 April 2026
  • last between 6 months and 36 months
  • carry out all of its project work in the UK
  • intend to exploit the results from or in the UK

You must only include eligible project costs in your application. If you have requested an overall grant of over £500,000, and your online application is successful at Stage 1, you may be invited to attend an interview

Who can apply?

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

Proposals:

The aim of this industry-led R&D competition is to support the development of innovative solutions to health and healthcare challenges.

Visit the UKRI Good Research Hub and NC3R’s animal welfare guidance for further information.

Your project can include:

  • experimental evaluation (at laboratory scale)
  • use of in vitro and in vivo models to evaluate proof of concept or safety
  • exploring potential production mechanisms
  • prototyping
  • product development planning
  • intellectual property protection
  • a demonstration of clinical utility and effectiveness
  • a demonstration of safety and efficacy (including phase 1 and 2 clinical trials)
  • regulatory planning

We want to fund a variety of projects across different technologies, markets, technological maturities and research categories. We call this a portfolio approach.

Equality, diversity and inclusion (EDI) considerations are highly encouraged where appropriate in the proposal. Applications will continue to be assessed on their innovation merit, where innovation is defined as the potential for commercially successful exploitation of ideas.

Project dates:

  • 15 August 2022 - Competition opens
  • 23 August 2022 - Online briefing event: watch the recording
  • 12 October 2022 11:00am - Competition closes
  • 5 December 2022 - Invite to interview
  • 16 January 2023 - Interviews start
  • 20 January 2023 - Interviews end
  • 27 January 2023 - 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. 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/1264/overview/43ba9777-1ec8-4cfc-a183-b39d39259141 

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


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