SBRI Healthcare launches new competition
Cambridge based SBRI Healthcare, an NHS England funded initiative to develop innovative products and services that address unmet health needs, has launched a new £2.5 million competition for SMEs.
In this latest round, SBRI Healthcare will be seeking ideas from companies specifically focused on addressing challenges in five key areas of healthcare: Child & Maternal Health, Integrated Care, Medicines Adherence, Musculoskeletal and Telehealth/Telecare for people with Learning Disabilities.
The SBRI healthcare competitions provide seed funding for the development of novel solutions to address major healthcare challenges.
Successful projects will be chosen on their potential value to the health service, patient benefit and the opportunity to back thriving businesses. Generally taking a three-phased development approach, projects start with a six-month feasibility phase with an award of up to £100,000 and then move on to more detailed product development and NHS validation, where companies can secure up to two million in funding support.
Peter Ellingworth, chair of the SBRI management board, said: “The SBRI Healthcare programme is a great enabler of innovation in the NHS. Companies can gain substantial funding but also the expert support of the NHS to develop products that truly reflect patient need. We are delighted to launch the latest SBRI Healthcare competition – particularly as it comes so close on the heels of our announcement that in the last year a record 44 companies benefited from the scheme. I hope many more companies take a good look and apply.”
The competition closes on July 10, with winners announced in October. Briefing events for business to learn about the competition will take place on June 3 (Birmingham) and June 9 (Daresbury, Cheshire) 2014.
• To find out more visit www.sbrihealthcare.co.uk