“In June 2020, Innovate UK’s CEO Ian Campbell confirmed that the Biomedical Catalyst was to be relaunched, allowing innovative biotech companies to access a share of £30 million in grant funding.“
Najeeb Ahmed, Innovation & Growth Project Manager
In June 2020, Innovate UK’s CEO Ian Campbell confirmed that the Biomedical Catalyst was to be relaunched, allowing innovative biotech companies to access a share of £30 million in grant funding.
Key points:
- This is an Innovate UK competition for projects led by SMEs or RTOs
- Opens 27th July
- Submissions by 7th October
- Up to £30M available
- SMEs can apply for grants for £250k to £4M total project costs
The aim of this competition is to enable companies to create a data package that can support the subsequent testing of their products or carry out evaluations in a clinical setting or other relevant environment. This 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
- demonstrating of clinical utility and effectiveness
- demonstrating of safety and efficacy (including phase 1 and 2 clinical trials)
- regulatory planning
Project must focus on the development of a product or process that is an innovative solution to a defined health and care challenge.
Enquiries should be emailed to support@innovateuk.ukri.org
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