Grants

British Heart Foundation – Translational Awards

Financing Type
Grant
Value
< £250,000
Eligibility
The project should be novel, inventive and address unmet clinical needs relevant to Cardiovascular Health. The project must have a:
  • Robust target validation data
  • Strategy to navigate regulatory process
  • Commercialisation plan and understanding of IP
Description
BHF funds the brightest and best research into heart and circulatory disease. This could be a PhD student at a well-known University or a collaboration between a top BHF Professor and a lesser-known Institute.
https://www.bhf.org.uk/research/information-for-researchers/what-we-fund/translational-grant

Cambridge Enterprise Fund

Financing Type
Grant
Value
< £25,000
Eligibility
Applicant must be:
  • At Cambridge University
  • An early-stage company at proof of concept stage
  • Translating research into a commercial products
Description
Cambridge Enterprise has funding available to add value to inventions and new concepts that it manages. There is proof of concept funding of up to £25,000 available. Larger projects may also be supported at higher amounts.
https://www.enterprise.cam.ac.uk/our-services/academics-researchers-and-students/commercialise-your-research/translational-funding/

Elevate Grant by OBS

Financing Type
Grant
Value
< £8,000
Eligibility
  • Businesses with less than 250 employees or start-ups based in Oxfordshire
  • Eligible sectors, including technology or processes that facilitate growth and create jobs
  • Must have sufficient funds for the match requirement
Description
OBS has two funds for Oxfordshire SMEs in its Elevate programme, one for start-ups and the other for growing businesses. The grants are to fund activities and projects which will ultimately lead to business growth and job creation in Oxfordshire.
What you need to know:
  • Available to start-up and growing businesses
  • Six competitive grant rounds
  • Grant will be 33% of the total eligible project costs, remainder match funded by business / start-up
  • Minimum grant value for Growth businesses is £1,000, the maximum is £8,000
  • Minimum grant value for Start-up businesses is £1,000, the maximum is £3,000
  • Grants cannot be used for retrospective purchases
  • Grants are to support job creation, start-up and growth
  • A business can only receive one Elevate grant
http://www.oxfordshirebusinesssupport.co.uk/content/local-grants-and-vouchers

Entrepreneur UK

Financing Type
Grant
Value
Various
Description
Small business grants in the UK, ranging from smaller sums such as the UK Government Startup grants at £2,500 to larger 6-figure grants from bodies such as the Growth Accelerator fund for high-growth (Gazelle) businesses. At the moment, there is a range of grant finance both government and private available for Entrepreneurs, Startups and SMEs. There is a list of resources for startups not limited to those in the medical devices space in Europe.
http://entrepreneurhandbook.co.uk/grants-loans/

Greater Cambridge & Greater Peterborough Business Grants

Financing Type
Grant
Value
£2,000 - £20,000
Eligibility
  • Business must already be registered
  • Situated in the Greater Cambridge and Peterborough area
  • Must have 1 - 250 employees
Description
A Department for Business, Energy and Industrial Strategy backed scheme funding business in the East of England requiring funding to make further capital investments and planning to grow and increase the number of staff in the future
https://www.gov.uk/business-finance-support/business-grants-greater-cambridge-and-greater-peterborough

Imperial Innovations Development Funding

Financing Type
Grant
Value
< £50,000
Eligibility
  • Must be research being conducted at Imperial College London
  • Must be a product with the potential to be commercially viable
Description
Imperial Innovations currently manages a range of funding for the development of therapeutics, bioengineering, engineering and software projects. This early stage investment supports the transition of ideas into marketable products. This funding is designed to develop the translation of research ideas and projects to commercially viable products before larger grants are sought.
http://www.imperialinnovations.co.uk/technology-transfer/access-funding/commercial-development-funding/

Innovate UK – Smart Grants

Financing Type
Grant
Value
£25,000 - £250,000
Eligibility
Innovate UK funding competitions cover the following industry sectors:
  • Emerging and enabling technologies
  • Infrastructure systems
  • Health and life sciences
  • Manufacturing and materials
Description
If you’re a UK-based business or research organisation, you may be able to compete for government-backed funding to:
  • research and develop a process, product or service
  • test your innovation ideas
  • collaborate with other organisations
Use this service to:
  • search and apply for innovation funding
  • submit, track and manage your applications
https://www.gov.uk/government/collections/innovation-grants-for-business-apply-for-funding

j4b Grants

Financing Type
Grant
Value
Various
Description
j4bGrants provides a wealth of tools and resources for small businesses for free no matter whether they are just starting out or looking for finance to help them expand.
This includes source-aggregating grants for academic research, translational research and more. It is not limited to the biomedical sciences space, and includes both private and public sector opportunities.
http://www.j4bgrants.co.uk/Logon.aspx?WCI=htmRegister&WCU=URI%3dsearch.aspx

Nominet Trust Social Tech Seed

Financing Type
Grant
Value
£15,000 - £50,000
Eligibility
- project must have the potential to bring about public social benefit - must be based on proprietary digital technology
Description
Social Tech Seed is an open grant-funding programme that offers entrepreneurial organisations early-stage investment to develop innovative projects harnessing the power of the internet and digital technologies to deliver significant social change. The programme supports projects tackling pressing social challenges such as the environment and sustainability, education, employment and healthcare.
http://www.nominettrust.org.uk/how-to-apply/social-tech-seed

Oli Bennett Charitable Trust

Financing Type
Grant
Value
< £2,000
Eligibility
- Applicant must be 18 - 30 - Must be able to submit business plan upon request
Description
The charity has been created to help young people, from all backgrounds, get their business ideas off the ground and turned into sustainable, profitable organisations, whatever their scale.
https://olibennett.com/application-for-a-grant/

Parkinson’s Innovation Grants

Financing Type
Grant
Value
< £35,000
Eligibility
- Innovative research is tied to benefitting the lives of those suffering from Parkinson's. - Project must meet basic scientific thresholds to be considered sufficiently innovative
Description
Parkinson's UK offers funding for pre-clinical, proof of concept stage companies/ideas, open to clinicians, therapists, nurses and practitioners as well as basic scientists. The funding cannot last longer than twelve months.
https://www.parkinsons.org.uk/content/innovation-grants

Pharmacy Research UK grants

Financing Type
Grant
Value
< £100,000
Eligibility
  • The Host Organisation or Principal Investigator must be UK-based.
  • The research team must be multidisciplinary, with each member possessing a strong track record in their respective field.
Description
PRUK Project Grants is a new funding award scheme designed to focus on the advancement of research within pharmacy for the benefit of patients and the public. The focus of this funding is to advance pharmacy research for the overall benefit of patients and the public, by addressing the main priorities and issues prevalent in the field today - including patients' ability to access medicines in the modern era.
http://pharmacyresearchuk.org/for-researchers/project-grants-2/

Scaling Up Improvement Fund

Financing Type
Grant
Value
< £500,000
Eligibility
This programme supports teams with approaches or interventions that have been successfully tested at a small scale, shown to improve care and are now ready to be implemented more widely.
Description
The Scaling Up Improvement programme supports teams to take successful health care interventions or approaches and deliver them at scale, to improve health care in the UK. They aim to fund projects that aim to scale and spread tested interventions or approaches to improve the delivery of health care services.
http://www.health.org.uk/programmes/scaling-improvement

Small Business Research Initiative competitions

Financing Type
Grant
Value
Various
Description
Innovate UK funding competitions covers the following industry sectors: - emerging and enabling technologies - infrastructure systems - health and life sciences - manufacturing and materials.
https://www.gov.uk/government/collections/sbri-the-small-business-research-initiative#sbri-funding-competitions

Start-up business programme – Hertfordshire

Financing Type
Grant
Value
£1,000 - £3,000
Eligibility
- must be a new business based in Hertfordshire
Description
Department for Business, Energy and Industrial Strategy backed scheme used for the purpose of free business support, workshops, grants and incubation space for new businesses in Hertfordshire.
https://www.gov.uk/business-finance-support/start-up-business-programme-hertfordshire

UCL Business

Financing Type
Grant
Value
< £100,000
Eligibility
Applicant must be a UCL researcher/student
Description
A UCLB controlled fund of up to £100,000 per annum. This award is approved and managed internally. Proof of concept (PoC) funds can be used to support the pre-commercialisation development of promising technologies emerging from UCL.
http://www.uclb.com/what-we-do/funding

UCL Tech Fund

Financing Type
Grant
Value
< £100,000
Eligibility
  • Applicant must be a UCL researcher/student
  • Fund only invests in very early stage businesses/concepts/research
Description
Managed by Albion Ventures the UCL Technology Fund is dedicated to investing in intellectual property commercialisation opportunities arising from UCL’s world-class research base, focusing in particular on the physical and life sciences. The Fund supports UCL in achieving the full potential of innovations that have prospects for outstanding societal and market impact, right through the development journey from initial proof of concept to practical commercial application.
http://www.ucltf.co.uk/

Wellcome Trust – Seed Awareness in Science

Financing Type
Grant
Value
< £100,000
Eligibility
  • Applicants must have completed a PhD or equivalent
  • Be based in a host organisation (not for profit) in the UK or Ireland
  • Receive personal salary support from the host organisation or personal award
  • Funding can only be used to fund research not fund personal salaries
Description
Seed Awards in Science help researchers develop novel ideas that will go on to form part of larger grant applications to the Wellcome Trust or elsewhere.
https://wellcome.ac.uk/funding/seed-awards-science

Wellcome/Department of Health Healthcare Innovation Challenge Fund

Financing Type
Grant
Value
Undisclosed
Eligibility
  • Open to both universities and companies
  • Cannot be early stage or basic research
  • Cannot be drug development
  • Must be UK-based and carrying out R&D in the UK.
Description
The Health Innovation Challenge Fund is positioned as a translational funding scheme to accelerate the clinical application of projects that are well advanced along the development pathway. Key areas of focus include providing funding to high potential early stage technologies and supporting technologies which target unmet of poorly met healthcare needs.
http://www.hicfund.org.uk/Default.aspx