Deadline: 31-Mar-23
Nesta and UK Research and Investment (UKRI) have teamed up to provide up to £6 million in combined equity and grant funding for companies working to improve health outcomes in later life.
The new Nesta and UKRI funds aim to support companies between Seed stage and Series A offering solutions that increase healthy life expectancy and reduce health inequalities. Nesta is particularly looking to invest in start-ups that are focused on reducing loneliness – for instance for those transitioning to living in care – or supporting people to remain in productive work in later life, which is crucial to quality of life.
Nesta is a champion of diversity, equality and inclusion – it encourages applications from founders of all backgrounds and, likewise, diverse teams.
Themes
Please apply if your company has a UK presence, is an existing SME at Seed to Series A stage and addresses one of the UKRI themes below:
- sustaining physical activity
- maintaining health at work
- designing for age-friendly homes
- managing common complaints of ageing
- living well with cognitive impairment
- supporting social connections
- creating healthy and active places
Within these, Nesta’s key mission areas of interest are:
- maintaining independence for longer
- supporting social connections, particularly at life transitions
- extending productive working lives
Funding Information
You can apply for between £250k and £1M of equity investment capital from Nesta Impact Investments.
Eligibility Criteria
Nesta is looking to invest in start-ups and scale-ups that are focused on reskilling older people to reduce later years unemployment – further perpetuated by the ongoing pandemic – as well as solutions that can keep people healthy and independent for longer.
For more information, visit https://nestainvestments.org.uk/healthy-ageing/