Funding to Help Develop Precision Medicine Technology

Apply for a share of £6 million to develop precision medicine technologies

Innovate UK will invest up to £6 million in innovation projects to support the development of precision medicine technologies.

Applications can be for:

  • feasibility studies – to help companies assess the research, development and adoption issues their concept will need to address and the likelihood of success
  • research and development – to help companies develop and trial precision medicine technologies

Feasibility projects can last up to 12 months and have total project costs of up to £100,000. Innovate UK will fund either single-company SME projects or collaborative projects led by an SME.

Research and experimental development projects can last up to 24 months and have total project costs of between £1 million to £2 million. Innovate UK will fund:

  • projects that are led by a business, or research and technology organisation
  • collaborative projects

Collaborations must include at least one other grant-claiming partner (such as an NHS organisation, another healthcare provider, a business, a Catapult or other research technology organisation, or a research base or third-sector organisation).

Find out more about the competition and apply.