Could your innovation be worth a share of £19m?

Posted on 26/01/2018 by IED

Innovate UK is to invest up to £19 million to support innovation that offers significant changes in productivity and cutting-edge innovation. The competition has 2 strands, strand 1 is for health and life sciences projects and strand 2 is for emerging and enabling technologies projects. A further £12 million is available to fund Knowledge Transfer Partnerships (KTPs).

KTN will be hosting briefing events for Innovate UK's January 2018 sector competition for Health & Life Sciences and Emerging & enabling Technologies.

Innovate UK is to invest up to £19 million to support innovation that offers significant changes in productivity and cutting-edge innovation. The competition has 2 strands, strand 1 is for health and life sciences projects and strand 2 is for emerging and enabling technologies projects. A further £12 million is available to fund Knowledge Transfer Partnerships (KTPs).

Projects under strand 1, Health and Life Sciences must show significant innovation in one of these priority areas:

  • increasing agricultural productivity
  • improving food quality and sustainability
  • advanced therapies (cell and gene therapies)
  • precision medicine
  • medicines discovery
  • advanced biosciences

The aim of the competition under strand 2 emerging and enabling technologies is to help UK businesses broaden their innovation activities, disrupt existing markets and find new revenue sources. Projects must show significant innovation in one of 4 priority areas:

All projects must involve at least one SME, working alone or in collaboration with other organisations. Projects with costs over £100,000 must be collaborative and include a funded partner.

The competition opened on the 22nd January and you must apply before 28th March.

Briefing Events

KTN are hosting a number of briefing events for the competition.

Dates available are:

Cardiff, 29th January

Northern Ireland, 2 February

Leeds: 8 February

Please note: Spaces available for the briefings will be split to ensure an equal number of delegates for each strand. Please only register for one strand as afternoon sessions will be split.

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