Health Innovation Funding Opportunities

June 22, 2022

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 health innovation funding opportunities:

Innovation to manage or prevent the psychological impact of traumatic physical injury or surgery Deadline 30 June 2022

The NIHR Trauma Management MedTech Cooperative (MIC) are running a competition for medical devices and technologies to prevent or manage the psychological impact of trauma from physical injury or surgery. Up to three projects will be awarded up to £15,000 each.

Primary Care Automation Grants Deadline 18 July 2022

The NHS England London Digital First Programme are offering grants of up to £65k to pilot automation solutions in primary care across London.

General health innovation funding opportunities:

Innovate UK:
Innovate UK is part of UK Research and Innovation, a non-departmental public body funded by a grant-in-aid from the UK government.

BIOTECHNOLOGICAL AND BOLOGICAL 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

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.

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.

THE NATIONAL INSTITUTE FOR HEALTH RESEARCH
The nation’s largest funder of health and care research, providing the people, facilities and technology for research to thrive.

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.

Life Sciences Innovative Manufacturing Fund (LSIMF) – Open call
This fund is to support businesses investing in life sciences manufacturing projects in the UK.

ECONOMIC AND SOCIAL RESEARCH COUNCIL (ESRC)

ESRC Research Grant Deadline: Open call
If you have an excellent idea for a research project, the ESRC have their Research Grants open call. Awards ranging from £350,000 to £1 million (100 per cent full Economic Cost (fEC)) can be made to eligible institutions to enable individuals or research teams to undertake anything from a standard research project through to a large-scale survey and other infrastructure or methodological development.

ENGINEERING AND PHYSICAL SCIENCES RESEARCH COUNCIL (EPSRC):

The EPSRC is the main funding body for engineering and physical research sciences. For EPSRC funding opportunities.

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). Deadline: 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.

Small Business Research Initiative (SBRI) funding. General ‘collection’ of news and funds

Information about SBRI for businesses and public sector organisations that might want to use the scheme.

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.

HSBC Loan Fund Deadline: Open

HSBC UK has announced a £14 billion lending fund to support the UK’s small and medium-sized enterprises (SMEs). The Fund includes a ring-fenced £1 billion to help UK companies grow their business overseas, as well as a broader package of support. The initiative is available to UK businesses with a turnover of up to £350 million. Applicants do not need to be an HSBC customer to apply.

International Grants

Global Innovation Fund 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 scaleup game-changing innovations. 

Other international funds of interest:

The Global Challenges Research Fund
The Newton Fund
Grants available to UK through US Defense – medical research program

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