News

Funding competition: Advancing precision medicine: Round 2

Published on: 05/06/2023

Funding competition: Advancing precision medicine: Round 2
Funding, Innovation & research
Funding news

UK registered businesses can apply for a share of up to £20 million over two rounds of this competition. The competition will fund projects focusing on developing digital and data-enabled tools as well as multi-modal approaches. Competition closes on Wednesday 28 June 2023.

Innovate UK, part of UK Research and Innovation, will invest up to £20 million, over two rounds of this competition, in industry-led collaborative R&D innovation projects. Up to £10 million has been allocated to this round of the competition.

The competition will fund projects aiming to develop digital and data-enabled tools as well as multi-modal approaches for more accurate diagnosis and treatment stratification.

The aim of this competition is to award innovation projects that focus on novel digital and data-enabled tools to:

  • more accurately diagnose conditions and stratify patients to the most appropriate treatments
  • increase the application of integrated and multi-modal approaches to determine risk and diagnosis and to predict prognostic outcomes

Your proposal must demonstrate how it addresses an unmet clinical need or responds to NHS demand signalling.

This is round 2 of a two-round competition:

  • Round 1: a focus on musculoskeletal and cardiovascular disease, and other chronic conditions excluding oncology (now closed)
  • Round 2: a focus on oncology, musculoskeletal and cardiovascular disease, and other chronic conditions (this round)

In applying to this competition, you are entering into a competitive process.

This competition closes at 11am UK time on the deadline stated.

Funding type

Grant

Project size

Your project’s total costs must be between £500,000 and £1 million.

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