Deadline: 16-Nov-22
Organisations are invited to apply to be part of a pool of accelerator service providers for future health and life science focussed Innovate UK programmes. This is an expression of interest competition.
Innovate UK will support the development of early-stage health and life science businesses in the UK by funding a series of business accelerators. These accelerators will recruit spinouts, start-ups, and entrepreneurial minded academics to test their ideas and develop concepts with support from key stakeholders from relevant ecosystems.
The aim of this expression of interest (EoI) competition is to recruit accelerator providers to deliver a series of health and life sciences focussed accelerators. You must have the capacity to run a minimum of 2 accelerators to start between January 2023 and March 2025. Each accelerator will have themes determined by Innovate UK.
Potential providers selected at this EoI phase will be invited to run accelerators. Further details about the timeline and requirements for this phase will be released in due course.
As an accelerator provider you will be awarded funding to:
- Promote the opportunity and recruit interested parties to a workshop or bootcamp
- Develop a methodology to assess and choose a final cohort of up to ten participants to attend and complete an accelerator
- Develop and deliver an accelerator programme to support a subject theme area
- Partner with or subcontract organisations that represent the ecosystem associated with the subject theme area
- Advice and support the participants, including scientific, commercial, regulatory and investment expertise
- Provide a package of training that instils the fundamentals of commercialisation and entrepreneurship in the members of the cohort.
Specific Themes
- Innovate UK will instruct you on the subject theme areas for your accelerators. These can include but are not limited to:
- Child health
- FemTech (female technology)
- Engineering biology
- Neuroscience and neurotech
- Microbiome and biofilm innovation
- MedTech and diagnostics
- Oncology.
Funding Information
- There will be no funding awarded from this expression of interest competition. Subsequent funding of up to £500,000 will be available for successful providers to run each accelerator.
Eligibility Criteria
- Lead organisation
- To lead an application your organisation must be a UK registered:
- Business of any size
- Academic institution
- Public sector research establishment (PSRE)
- Research council institute
- Independent research organisation (IRO)
- Not for profit research and technology organisation (RTO), including catapults
- To lead an application your organisation must be a UK registered:
- Project team
- To collaborate with the lead, your organisation must be a UK registered:
- Business of any size
- Academic institution
- Research council institute
- Charity
- Not for profit
- Public sector organisation
- Research and technology organisation (RTO)
- To collaborate with the lead, your organisation must be a UK registered:
- Each partner organisation must be invited into the Innovation Funding Service by the lead to collaborate on a project. Once accepted, partners will be asked to login or to create an account and enter their own details into the Innovation Funding Service.
Ineligible
- They cannot fund projects:
- Which are classed as State aid under EC regulations or a subsidy under the EU-UK TCA
- With undertakings which gain a selective economic or commercial advantage from the funding.
For more information, visit https://apply-for-innovation-funding.service.gov.uk/competition/1360/overview/ccb79931-b26d-4278-b8f6-035cee1b841b