Innovate UK and the Office for Life Sciences are working in partnership to invest up to £1.5 million in business projects that support the development of new medical devices, diagnostics and regulated digital technology.
The life sciences sector is one of the most important for the UK economy. It has a £70 billion turnover and employs nearly 235,000.
Most companies in the sector are small and often find it difficult to provide enough real-world evidence to support use of their innovations in the NHS. The funding will help businesses to collect that evidence.
Funding will support either the development or design of plans for collection of data on clinical performance and cost effectiveness or studies that actually collect the data.
It is aimed at small and medium-sized companies that have developed and manufactured innovative healthtech, have gained a CE marking for it and have marketed it in the UK for less than 5 years.
The competition opens on 26 November 2018, and the deadline for applications is at midday on 30 January 2019.
For more information and to apply click here.