R&D Funding - Research and Design

UK Export Finance Innovative Medicines Initiative (IMI2) Medical Research Council Innovate UK funding challenges International Funding BBSRC R&D Tax Credits European Commission Prosperity Fund Horizon 2020 Innovation Partnership Scheme - Mini IPS R&D Funding - Research and Design Newton Fund SME financing schemes Small Business Research Initiative (Healthcare) Industrial Partnership Awards Seed Enterprise Investment Scheme Start Up Loans Business Development /Investment Funding DSTL - DASA Open Call Eurostars Cancer Research UK Stand-alone Link National Institute Health Research (NIHR) Innovation Partnership Scheme - Standard IPS UK Export Finance Enterprise Investment Scheme Charity Funders Assisted Asset Purchase Scheme Diabetes UK Asthma UK Scale & Spread NHS Innovation Accelerator NIHR i4i Arthritis Research UK

Innovative Medicines Initiative (IMI2) This funding programme focuses on supporting work to improve health outcomes by speeding up the development of, and patient access to, innovative medicines, particularly in areas where there is an unmet medical or social need. The programme supports collaboration between key players in healthcare research, including universities, pharmaceutical and other industries, small and medium-sized enterprises (SMEs), patient organisations, and medicines regulators. Funding: Over £2,000,000

Innovate UK funding challenges You can apply for funding to test the feasibility of your idea, research and develop it and demonstrate it in a prototype. Innovate UK funding competitions cover the following industry sectors: a) digital healthcare b)emerging and enabling technologies c) infrastructure systems d) health and life sciences and e) manufacturing and materials. They also have an open programme that is not sector based. This may including funding that has been shaped by/provided through the UK’s Industrial Strategy. Funding: typical award up to £500K

R&D Tax Credits Research and Development (R&D) Tax Credits are a tax incentive designed to encourage industry to invest in R&D. Companies can reduce their tax bill or claim payable cash credits as a proportion of their R&D expenditure. Funding: This will vary depending on the size of your company and R&D spend. Some accountancy websites estimate that R&DTC might be worth up to 33.35% of a company’s R&D spend.

Horizon 2020 Horizon 2020 is the biggest EU Research and Innovation programme ever with nearly €80 billion of funding available over 7 years (2014 to 2020) – in addition to the private investment that this money will attract. It promises more breakthroughs, discoveries and world-firsts by taking great ideas from the lab to the market. Funding: € 50,000 grant (i.e, SME Instrument, etc) - €6M+.

Small Business Research Initiative (Healthcare) The initiative supports a programme of competitions across Academic Health Science Networks inviting companies to come forward with their ideas and new technologies for known NHS challenges. Funding: Phase 1 – up to £100K & Phase 2: up to £1M

Eurostars Eurostars provides funding and support to research-performing companies, especially SMEs. In a Eurostars project, the R&D-performing SME takes a leading position in a transnational consortium. Projects last for up to 36 months. Funding: Maximum project size: Over £1,000,000

National Institute for Health Research NIHR commission and fund health, public health and social care research that is essential for improving the health and wealth of the nation. They also fund training and career development for researchers whose work focuses on people and patient-based applied health research. They welcome applications for our research funding and career development opportunities from researchers based in the NHS, universities, industry and other organisations concerned with health, public health and social care. This may including funding that has been shaped by/provided through the UK’s Industrial Strategy. Funding: (various) £1,000,000 +

Innovation Partnership Scheme – Standard IPS This grant supports the transfer of technology and expertise, developed through Science & Technology Facilities Council (STFC) funded activity, to the marketplace in partnership with industry and other academic disciplines through a project lasting up to 36 months Funding: £500,000 or less

Stand-alone LINK The LINK scheme is designed to support collaborations in new areas of exploratory science where there is no defined industrial use but where the results of the science may have future application. This may including funding that has been shaped by/provided through the UK’s Industrial Strategy. Funding: up to £2,000,000

DSTL - DASA • Open Call for Innovation • DSTL want your innovative ideas on how we can improve defence and security. That could be a concept, product or service, at any stage of development. They can provide funding and advice on how to submit your proposal to develop your idea at any level of technology readiness. • They are interested in: • ideas, products and services at any level of maturity from anywhere in the UK or abroad • science and technology, behavioural science, social science or anything else that might be useful to defence and/or security • submissions from people, researchers, and companies who are new to defence and security • quick wins and longer-term improvements

Industrial Partnership Awards The scheme supports academic-led science projects where an industry partner has an interest in the potential application of the science. Funding: various depending on project.

Innovation Partnership Scheme – Mini IPS This grant supports the transfer of technology and expertise, developed through Science & Technology Facilities Council (STFC) funded activity, to the marketplace in partnership with industry and other academic disciplines through a project lasting up to 12 months. This may including funding that has been shaped by/provided through the UK’s Industrial Strategy. Funding: up to £250,000

BBSRC Biotechnology and Biological Sciences Research Council (BBSRC) are one of seven Research Councils that work together as Research Councils UK (RCUK). They invested £469 million in world-class bioscience in 2016-17. We support around 1600 scientists and 2000 research students in universities and institutes across the UK.They support around 1600 scientists and 2000 research students in universities and institutes across the UK. This may including funding that has been shaped by/provided through the UK’s Industrial Strategy. Funding: £2,000,000 or less

Medical Research Council • The Medical Research Council is a publicly funded government agency responsible for co-ordinating and funding medical research in the United Kingdom. It is one of seven Research Councils in the UK and is answerable to, although politically independent from, the Department for Business, Innovation and Skills. The Confidence in Concept scheme is a key part of MRC’s translational research strategy and provides annual awards of £250k-£1.2m to institutions, to be used flexibly to support the earliest stages of multiple translational research projects. This may including funding that has been shaped by/provided through the UK’s Industrial Strategy. • Funding: £250,000 - £1,200,000

UK Export Finance They are the UK’s export credit agency. They help UK exporters by providing insurance to exporters and guarantees to banks to share the risks of providing export finance. In addition, they can make loans to overseas buyers of goods and services from the UK. UK Export Finance is the operating name of the Export Credits Guarantee Department (ECGD). Access to: credit guarantees or insurance

Prosperity Fund The Prosperity Fund is dedicated annual fund supporting prosperity work overseas. Through targeted projects, it aimed to support the conditions for global and UK growth: Openness, Sustainability, Opportunity and Reputation. For example: Promoting UK science and innovation as solutions to global challenges. In 2017, there will be a new Prosperity Fund, which also includes a focus on health. This may including funding that has been shaped by/provided through the UK’s Industrial Strategy. Funding: to be confirmed

Newton Fund The Newton Fund aims to promote the economic development and social welfare of either the partner countries or, through working with the partner country, to address the well-being of communities. It will do so through strengthening partner country science and innovation capacity and unlocking further funding to support this work. It is part of the UK’s official development assistance (ODA). The Newton Fund covers three broad activities: a) People: increasing capacity in science and innovation, individually and institutionally in partner countries, b) Research: research collaborations on development topics, c) Translation: creating collaborative solutions to development challenges and strengthening innovation systems. This may including funding that has been shaped by/provided through the UK’s Industrial Strategy. Funding: on project basis

European Commission The Commission makes direct financial contributions in the form of grants in support of projects or organisations which further the interests of the EU or contribute to the implementation of an EU programme or policy. Interested parties can apply by responding to calls for proposals. Funding: Fund and Project Basis

SME Financing Schemes The British Business Bank brings expertise and Government money to the smaller business finance markets by designing programmes to make finance markets work better for these businesses. The British Business Bank website includes a guide to a range of funding solutions. Funding: Project basis

Start Up Loans A Start Up Loan is a personal loan for business purposes, it aims to help individuals start a new venture which is either still in the planning stages or has been trading for up to 12 months, although in certain circumstances this may be extended to those who have been trading for up to 24 months. Funding: up to £50,000

UK Export Finance They are the UK’s export credit agency. They help UK exporters by providing insurance to exporters and guarantees to banks to share the risks of providing export finance. In addition, they can make loans to overseas buyers of goods and services from the UK. UK Export Finance is the operating name of the Export Credits Guarantee Department (ECGD). Access to: credit guarantees or insurance

Assisted Asset Purchase Scheme Grants are made available to SMEs in selected areas to support investment in capital equipment. To qualify for support an SME must commit to either recruiting new employees or safeguarding existing jobs. Funding: no maximum limit stipulated – “as required”.

Enterprise Investment Scheme The Enterprise Investment Scheme (EIS) is designed to help smaller, higher-risk trading companies to raise finance by offering a range of tax reliefs to investors who purchase new shares in those companies. Access to tax relief

Seed Enterprise Investment Scheme The Seed Enterprise Investment Scheme (SEIS) is designed to help small, early-stage companies to raise equity finance by offering a range of tax reliefs to individual investors who purchase new shares in those companies. SEIS is intended to recognise the particular difficulties which very early stage companies face in attracting investment, by offering tax relief at a higher rate than that offered by the existing Enterprise Investment Scheme. Access to tax relief

NIHR i4i This in an example of National Institute for Health Research funding. i4i Connect is aimed at small to medium-sized enterprises (SMEs) in need of a funding boost to reach the next stage in the development pathway. Offering between £50,000-£150,000 over a 6-12 month period, its primary aim is to help SMEs get to a point where they can apply for further funding, in particular for a full i4i Product Development Award (PDA), or to support projects at any stage of the translational research and development pathway to further de-risk them for follow on investment. To be eligible for the other i4i grants projects must have progressed beyond basic research and have demonstrated proof-of-concept. The expected output is an advanced or clinically validated prototype medical device, technology or intervention. Lead applicants may be from academia, industry or an NHS organisation. Funding: Project dependent

NHS Innovation Accelerator The aim of the NIA is to deliver on the commitment detailed within the NHS Five Year Forward View – creating the conditions and cultural change necessary for proven innovations to be adopted faster and more systematically through the NHS, and to deliver examples into practice for demonstrable patient and population benefit. Each year, the NIA looks for the best national and international evidence-based healthcare innovators. Access to NHS partners & up to £30,000

Cancer Research UK Cancer Research UK is a cancer research and awareness charity in the United Kingdom. Its aim is to reduce the number of deaths from cancer. As the world's largest independent cancer research charity it conducts research into the prevention, diagnosis and treatment of the disease. Research activities are carried out in institutes, universities and hospitals across the UK, both by the charity's own employees and by its grant-funded researchers. Funding: Project dependent

Asthma UK Asthma UK are the UK’s leading asthma research charity. The research they support helps us understand the causes of asthma, reduce asthma attacks, find new treatments for severe asthma, turn discoveries in the lab into new treatments and ultimately find a cure. They therefore fund cutting-edge asthma research to understand the biology of asthma, work towards better treatments and a cure, and improve diagnosis and care. Funding: up to £250,000

Arthritis Research UK Arthritis Research UK aims to transform the lives of people with arthritis whilst continuing to fund ground breaking research aimed at preventing the onset of arthritis and developing a cure for arthritis. Three initiatives for funding are: Health Services Research - the focus of this initiative is on research that covers four themes – health and care service improvement, health promotion / prevention, health economic evaluation, and health intelligence and data linkage. Pain Challenge - the focus of this pain challenge is on fundamental biomedical discovery pain research, to increase our understanding of the fundamental biological mechanisms and pathways which underlie musculoskeletal pain and/or lead to the prevention of musculoskeletal pain, or identification and development of new treatments for pain. Medical Technologies Proof of Concept – this funding is intended to develop or evaluate innovative technologies that help support individuals suffering with musculoskeletal conditions. Funding: up to £1,500,000

Diabetes UK Diabetes UK are the UK’s largest charitable funder of diabetes research, funding pioneering research into care, cure and prevention for all types of diabetes. From time to time, Diabetes UK makes calls for research in a specific area of diabetes research. Details of these calls will be posted online, and advertised in Diabetes UK publications and scientific and medical press, as they arise. The types of grants are, e.g.: Project grants - to provide support for diabetes research projects for up to five years. Small grants - to enable researchers to undertake small research projects or pilot studies for a maximum of 12 months and £15,000. Equipment grants - to enable the purchase of a specific large item of multi-user equipment necessary for diabetes-related research projects. Funding: up to £500,000 +

R&D Funding - Research and Design