​Grants and Funding Opportunities

• Biomedical Catalyst 2022 Round 2: Industry-led R&D
• New funding call from MRC and NIHR - Establish an integrated UK Rare Disease Research Platform: nodes
• BBSRC Business and Academia Prosperity Partnership 
• Innovative Medicines Fund launched to fast-track drugs
• Innovation Competition Calls: https://apply-for-innovation-funding.service.gov.uk/competition/search

Innovation Continuity Loans: https://www.gov.uk/guidance/innovation-loans-what-they-are-and-how-to-apply
To fund late stage project between £25000 and £1.6M, call for application have been extended, information here: https://ukri.innovateuk.org/ICL Ongoing

Innovate UK Sustainable Innovation Fund

• SBRI: *Organisations* including public sector and businesses too, can apply for a share of up to £10 million, including VAT, to help UK businesses and the public sector recover from COVID-19 in a sustainable manner. https://apply-for-innovation-funding.service.gov.uk/competition/654/overview#summary
• Grant funding: UK registered *businesses* can apply for a share of up to £55 million for new projects focusing on sustainable economic recovery from COVID-19. https://apply-for-innovation-funding.service.gov.uk/competition/651/overview#summary

A useful guide on how Innovate UK asses funding applications: http://images.info.innovateuk.org/Web/InnovateUK/%7B6683a6e6-86e5-42dd-b...

SME Brexit Support Fund

Analysis for innovators (A4I) is an Innovate UK led funding programme that provides UK businesses with cutting-edge R&D expertise and facilities to help solve measurement or analysis challenges that can’t be solved using standard technologies and techniques. The next round of A4I has launched and is open and accepting applications until Wednesday 20th April 2022.
 
This next round of A4i project funding will be split into two strands: 
 
1. A4I Main Competition - Open to all UK registered companies for collaborative projects up to 6 months in duration. 
2. A4I Mini projects- Dedicated to assisting micro, small or medium-sized enterprises (SME) with small collaborative projects up to 3 months. 
 
Projects will be 100% funded as a Minimal Financial Assistance grant (previously known as de minimis). 
 
In the first instance, all you need to do to apply is submit a short video explaining your problem and answer three short questions. More information and how to apply can be found here: Analysis for innovators - NPL 

♦ BioMan4R2 launches its Call for proposals!

• Funding opportunity for SMEs in the life sciences and med-tech industry, located in the EU or an SMP country, for activities related to collaborative innovation projects such as:
• business transformation (e.g., training plans),
• support for travel to explore markets in other countries,
• business continuity and resilience plans.
• To find out more information and if you are eligible to apply for up to €60,000 under the BioMan4R2 Eurocluster funding scheme, read more.

♦ UK applicants are still eligible for Horizon 2020 funding, more information here: https://www.gov.uk/guidance/horizon-2020-what-it-is-and-how-to-apply-for-funding
More information on the next funding streams will be available later.

Eureka Eurostars 

This competition is for UK micro, small or medium sized enterprises (SMEs) that want to apply to the Eurostars Programme 3, call 1. Please visit the Eureka call for proposals web page. Innovate UK, part of UK Research and Innovation, is investing up to £2.5 million to fund collaborative research and development (CR&D) projects focused on industrial research. Your project must have high market potential and develop at least one of the following: innovative products / technology-based applications / technology-based services

Regional

Digital Technology Grants for Business

SMEs based in Cambridgeshire and Peterborough can apply for £2,000 to £10,000 of grant funding to cover up to 80% of their total project costs (excluding VAT).
This fund being now oversubscribed, a waiting list is in place to submit expression of interest. More information here.  

Growth Works Support

- The Cambridgeshire & Peterborough Combined Authority business growth supports offers a range of support and grants available here. Main financial support covers:

- Capital Growth Grant: £20,000-£150,000 grants, allocated towards capital expense. It is a competition application process, reviewed annualy and for which job creation (minimum 3 jobs created) is an essential criteria

- Equity Investment: £150,000 up to £250,000 to provide working capital to fund growth projects to match 50% of any external investment

- Relocation Grants: for companies relocating in the region 

All

A summary of various medtech and grant scheme is available on the EAHSN website.