Health Enterprise East offers innovation grants up to £15,000 under MedTech NAVIGATOR programme
New innovation grants of up to £15,000 are available for small and medium-sized businesses from Health Enterprise East (HEE)’s MedTech NAVIGATOR programme.
Funded by £1million from the European Regional Development Fund, the three-year programme encourages collaboration and knowledge transfer between industry and regional NHS experts.
The innovation grants will help SMEs as they work with partners such as NHS trusts and universities. They are worth 50 per cent of the total project cost up to £15,000, with businesses paying the remaining 50 per cent and any projects above the cap.
Grants could help to develop or test new and improved products, processes and services, provide expertise and access to information on care pathways and workflows, or tap into clinical and scientific expertise.
Dr Chris Warwick, consultant and programme manager for the MedTech NAVIGATOR at HEE, said: “We have seen how SMEs can struggle to access the expertise available in our NHS, and understand how essential the right knowledge and support is to successfully developing and commercialising new products for the healthcare market.
“That’s why we are so pleased to launch our new Innovation Grants for SMEs, helping them to successfully engage with the NHS and ensure that key stakeholders such as the beneficiary (patient), user (clinician) and buyer (NHS organisation), who often have different interests and requirements, are all involved throughout the process.
He added: “We hope that this scheme will support innovation and knowledge transfer in the healthcare sector by encouraging collaboration between researchers, clinicians and SMEs, especially in these challenging times.”
Details are available at medtechnavigator.co.uk/funding.
More by this authorPaul Brackley