The Innovate UK Launchpad Competition supports life and health sciences innovation in Northern Ireland, with up to £4.3 million in funding. The competition targets businesses looking to grow in this sector and supports projects through two strands: Collaborative Research and Development (CR&D) and Minimal Financial Assistance (MFA). Grants between £150,000 and £1 million are available for projects lasting 6 to 18 months. Applicants must align with the competition scope, carry out all project work in the UK, and show a clear plan to exploit project outcomes in the UK. The application process is competitive, and funds are limited.
Grants for Innovation: Life and Health Sciences
Eligibility
The eligibility criteria for the Grants for Innovation: Life and Health Sciences are:
- Applicants must be UK-registered businesses.
- A lead organisation must include at least one grant-claiming SME.
- Businesses must collaborate with other UK-registered organisations.
- The project must focus on life and health sciences in Northern Ireland.
- Projects must run for 6 to 18 months, starting no earlier than 1 May 2025.
- All project work must be carried out in the UK, with plans to exploit results locally.
- Subcontractors must be UK-based; overseas subcontractors are not allowed.
- A business can lead only one CR&D application but can collaborate on multiple projects.
Elevator Pitch for Business
Benefits
The benefits of the Grants for Innovation: Life and Health Sciences are:
- Access to a total funding pool of £4.3 million for innovation projects.
- Opportunity to scale and grow within Northern Ireland’s life and health sciences cluster.
- Funding of between £150,000 and £1 million per project.
- Projects benefit from collaborations with academic institutions and industry experts.
- Supports local economic growth aligned with the UK government’s goals.
- Enables businesses to explore innovative research and development initiatives.
- Encourages SMEs to build partnerships and expand their impact in the health sciences sector.
- Offers a competitive process, ensuring high-quality project selection.
- Promotes inclusivity and accessibility in the application process.
Application process
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Theme | : Entrepreneur Grant |
Applicant Country | : United Kingdom |
For more information | : GOV.UK |
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