Health Innovation Funding OpportunitiesJuly 5, 2023
The latest funding opportunities and grants for innovation in healthcare.
We update this page monthly so check back for the latest opportunities or subscribe to our newsletter for updates.
Featured funding opportunities:
Innovate UK Smart Grant: June 2023 Deadline: 27 September 2023
UK registered organisations can apply for a share of up to £25 million for game changing and commercially viable R&D innovations that can significantly impact the UK economy. This funding is from Innovate UK, part of UK Research and Innovation.
Canada-UK: Biomanufacturing of Biologics and Advanced Therapies Deadline: 17 October 2023
UK registered organisations can apply for a share of up to £3.5 million for collaboration with Canadian SMEs on joint R&D projects, for enabling technologies and innovations in biomanufacturing of biologics and advanced therapies.
General health innovation funding opportunities:
BIOTECHNOLOGICAL AND BIOLOGICAL SCIENCES RESEARCH COUNCIL:
Biotechnology and Biological Sciences Research Council, part of UK Research and Innovation, is a non-departmental public body, and is the largest UK public funder of non-medical bioscience. It predominantly funds scientific research institutes and university research departments in the UK.
BBSRC standard research grant Deadline: Open call
You can apply for research grants at any time in any area within the remit of BBSRC. BBSRC funds research in plants, microbes, animals (including humans), and the tools and technology underpinning biological research from the level of molecules and cells, to tissues, whole organisms, populations and landscapes.
NATIONAL INSTITUTE FOR HEALTH AND CARE RESEARCH:
The National Institute for Health and Care Research is the British government’s major funder of clinical, public health, social care and translational research. Its mission is to “improve the health and wealth of the nation through research”.
DEFENCE AND SECURITY ACCELERATOR (DASA)
DASA aims to find and fund exploitable innovation to support UK defence and security quickly and effectively, and support UK prosperity.
Open Competition Deadline: Open call
The Open Call is one of the funding competition mechanisms DASA uses to find proposals that address challenges faced by government stakeholders. It gives bidders the opportunity to present their ideas to defence and security stakeholders at any time, without waiting for a relevant Themed Competition.
MEDICAL RESEARCH COUNCIL (MRC)
The Medical Research Council (MRC) improves the health of people in the UK – and around the world – by supporting excellent science, and training the very best scientists.
Net Zero Funding
Net Zero Living: User focused design Deadline: 4 October 2023
UK registered businesses can apply for a share of up to £3.8 million to support them in developing their net zero products or services.
UK – Singapore Collaborative R&D Call Sustainability and Net Zero Deadline: 6 December 2023
UK registered organisations can apply for a share of up to £5 million as part of a collaboration with a Singapore partner for industrial research projects that develop sustainable technologies helping reduce emissions and achieve a net-zero future.
Trusts and Charities
The Health Foundation (HF)
HF’s aim is a healthier population, supported by high quality health care that can be equitably accessed. HF learns what works to make people’s lives healthier and improve the health care system. From giving grants to those working at the front line to carrying out research and policy analysis, they shine a light on how to make successful change happen.
The British Heart Foundation (BHF)
BHF provide personal support for clinical and non-clinical cardiovascular researchers at all stages of their career. They also provide grants for short and long term research projects, essential infrastructure and strategic initiatives.
Association of Medical Research Charities
Over 30 years ago a small, diverse group of medical research charities form the Association of Medical Research Charities (AMRC) to unite the sector and provide it with a leading voice. Since then their membership has grown to over 140 charities. In 2018, these charities invested £1.3 billion in medical research.
Other UK Government, Seed Funds & Loans
The British Business Bank (BBB) Applications: Open
BBB are a government-owned business development bank dedicated to making finance markets work better for smaller businesses. Whether you’re looking for finance to start a business, grow to the next level, or stay ahead of the competition, they say that they can deliver greater volume and choice of finance.
UK Innovation & Science Seed Fund Deadline: Open
The UK Innovation & Science Seed Fund (formerly known as The Rainbow Seed Fund) is a £27.1m early-stage venture capital fund building and growing technology companies stemming from the UK’s research base.
Creative England Investments Deadline: Open
Creative England is supporting SMEs by providing competitive loans to digital businesses in order to make their growth plans a reality. The investments on offer are intended to fuel this fast-growing sector by financing business expansion and new products, leading to the creation of new high-quality jobs and Intellectual Property (IP). Loans from £50,000 – £250,000 are available with repayment terms ranging from 3-36 months. Interest rates range from 5% – 10%, depending on the risk profile of the applicant. This includes companies from within the digital healthcare sector.
Global Innovation Fund Applications: Open
GIF focuses on solutions that have the potential to address an important development problem more effectively than existing approaches, can come from anyone, anywhere. They seek out innovations they believe have the greatest potential to improve the lives of millions of people living in poverty.
The EIC Accelerator: Open Competition (Grants only)
The EIC Accelerator supports individual Small and Medium Enterprises (SMEs), in particular Startups and spinout companies to develop and scale up game-changing innovations.