News

SME support to evaluate innovative medical technologies: round 5

Published on: 07/10/2019

SME support to evaluate innovative medical technologies: round 5
Funding
Member News, Funding news

The Office for Life Sciences (OLS) will work with Innovate UK, part of UK Research and Innovation, to invest up to £1.2 million in innovation projects. These will support developers of innovative medical devices, diagnostics and regulated digital technology to evaluate their product in a real world clinical setting.

All projects must be led by a UK based SME. You can choose from 2 options:

  1. Planning and preparation for a study, for which total eligible project costs can be up to £100,000.
  2. A study to collect clinical performance and cost-effectiveness data, for which total project costs can be up to £500,000.

This competition provides support for micro, small or medium sized enterprises (SMEs) to develop an evidence base for products that address NHS priorities. Our support will allow companies to collect and analyse clinical performance and cost effectiveness data in an NHS setting.

Applications are highly encouraged from SMEs from across all regions of England, Scotland, Wales, and Northern Ireland.This competition closes at midday 12pm UK time on the deadline stated.

Funding type

Grant

Project size

The total eligible project costs can be up to £100,000 for option 1 and up to £500,000 for option 2, of which applicants can apply for up to 50% grant funding.

Closing Date

11 December 2019 12:00pm

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