Funding & Investment
There are many sources and types of funding and investment available to develop products and services for the NHS. These can be categorised broadly as grants and investments.
Grants
There are many types of grants and they can be broadly categorised into grants that are given for early stage R&D type developmental work or later stage evaluation studies. Many grants are announced and awarded on a cyclical basis, i.e., bi-annual calls, or are announced and awarded on a short term and reactive manner to a current issue, i.e., Healthcare Associated Infections. Some grants are regionally focused others are topic specific. The majority of the large grants are awarded by national charities and research councils, but other smaller awards are often awarded by local initiatives such as councils and discipline specific charities.
Knowledge of what grants are available is a full time occupation and some of the Innovation Nexus Associates can provide this knowledge.
Investments
Investments are provided by institutions or individuals to help develop products and services with an intention of paying back the investment with a return.
Like grants, investments range in size and scale from small investments from local investors and Business Angels to large Venture Capital organisations and Corporate Financiers.
Knowledge of what investments are available and the terms associated with them is a relatively complex business, however some of the Innovation Nexus Associates can provide this knowledge.
GM AHSN Innovation Funds
The GM AHSN has developed a suite of Innovation Funds to support and stimulate the development of innovative technologies.
The funds are currently closed for applications
Find out more about how to apply by following the links:
Innovation Nexus associates
GH Associates
IDOX
Kasmir Consulting
NRJ Solutions
SPARK Impact
Other Funding Links
Useful links (funding)
Funding News
Corporation Pop and Lucid Group Limited secure Pitch to TITCH innovation funding to work with NHS to improve care for sick children
Corporation Pop receive funding from Nominet Trust for augmented reality hospital app
Early Diagnosis Industry Challenge – 22 February to 30 March 2017
Funding for innovations to help transform general practice of the future
GM AHSN’s Innovation Funds and other opportunities
Innovate UK Biomedical Catalyst 2017 Round 2 Late Stage Announced
MAHSE launches its Service Improvement & Innovation Fellowships
New call for proposals: Use of Wearable and Sensor Technology and the Internet of Things for Healthcare
New funding and development opportunities for innovators
New funding available for innovators trying to make a difference in healthcare.
New funding opportunities for healthcare companies in Greater Manchester
NHS Innovation and Technology Payment (ITP)
NHS Salford CCG are looking to fund evaluations of digital health innovations
Northern Powerhouse Investment Fund Briefing
Pressures in Acute Sector are target for SBRI Healthcare funding
SBRI – Annual Review
SBRI Healthcare announces details of next competition focused on cancer diagnosis, treatment and care
SBRI Healthcare Awards £4 Million to Support Older People with Complex Health Needs
SBRI Healthcare Looks to Improve Young Lives
SBRI Healthcare supports novel technologies that aim to revolutionise primary care and GP services
Six local health innovators benefit from new Innovation Funds.
Wellcome Trust Innovator Funds
Grant schemes
Technology Strategy Board (TSB)
Medical Research Council (MRC)
Science and Technology Facilities Council (STFC)
Cancer Research UK (CRUK)
Department of Health/National Institute of Health Research (NIHR)
Manchester Corridor Growth Fund (CGF)
More detailed information on selected schemes can be found here
NW Investment Organisations
Web Content Display
Get Involved
Are you interested in working with the GM AHSN to provide support to businesses working in the healthcare sector? Would you like to be listed as an Associate on the Innovation Nexus portal? Contact us to discuss how we could work together.