The Biomedical Catalyst will reopen on 15th August. Through this competition, UK registered SMEs can apply for a share of £25 million to develop innovative solutions to health and healthcare challenges.
Scope
Projects can focus on any health or healthcare sector or discipline, including digital health. They can include a range of activities, such as:
- experimental evaluation (at laboratory scale)
- use of in vitro and in vivo models to evaluate proof of concept or safety
- exploring potential production mechanisms
- prototyping
- product development planning
- intellectual property protection
- a demonstration of clinical utility and effectiveness
- a demonstration of safety and efficacy (including phase 1 and 2 clinical trials)
- regulatory planning
Applicants must demonstrate existing evidence of commercial and technical feasibility in this stream of the Biomedical Catalyst programme.
Eligibility
All projects must meet the following eligibility criteria:
- have total project costs between £150,000 and £4 million, not exceeding a grant request of £2 million
- have at least 50% of the total project costs shared by the SMEs, if collaborative
- start before 1 May 2023 and end before 30 April 2026
- last between 6 months and 36 months
- carry out all project work in the UK and intend to exploit the results from or in the UK
To lead a project or work alone, your organisation must be a UK registered SME. You can work in collaboration with other organisations, including businesses of any size, academic institutions, charities, not-for-profits, public sector organisations, or research and technology organisations. They must also be registered in the UK.
More Information
Round 2 of the Biomedical Catalyst is open from 15th August until 12th October. For more information, please visit the competition page or join the online briefing event on 23rd August.
RedKnight has a strong track record of securing funding for life science companies. If you would like to discuss working together, please contact us to arrange a free consultation.
