SME support to evaluate innovative medical technologies: round 5
Fund Name: SME support to evaluate innovative medical technologies: round 5
Project Length: 3-12 months
Project Value: £50k to £250k
This competition is aimed at SMEs that have developed and manufactured innovative medical devices, diagnostics or regulated digital healthcare products.
The competition will support the development or design of plans for the collection of clinical data in a real-world setting, and also support the running of these studies.
Your proposal must:
- describe the innovative or CE-marked device
- show how your product is likely to have a significant impact, including increasing patient access to innovative technologies where appropriate
- demonstrate how the product meets the priority needs, such as those reviewed in the NHS Long Term Plan
- provide evidence that you are working with appropriate stakeholders including NICE, NHS, NIHR and AHSNs
- outline how your study will allow NICE to evaluate the data you collect
Your project must:
- focus on understanding evidence gaps and testing product performance to explain the operational impact of your product on the NHS
- add data to the evidence base that can contribute to the health technology appraisal process, for instance by comparing the use of the new product with the current standard of care
- involve potential breakthrough technologies
- help improve methods and systems
The total eligible project costs can be up to £100,000 for option 1 and up to £500,000 for option 2.
You can apply for funding of up to 50% of the total eligible project costs. Therefore, option 1 applications can claim a grant of up to £50,000. Option 2 applications can claim a grant of up to £250,000.
Projects must start by 1 May 2020 and must be completed by the end of April 2021.
Projects must have a total duration of between 3 and 12 months.
Priority will be given to projects that are related to:
- ageing well
- digital transformation
- learning disabilities and autism
- mental health
- personalised care
- primary care
- starting well
To lead a project or work alone you must:
- be a UK registered SME
- carry out your project within the NHS
- have a product that is aligned with at least one of the NHS’s priority healthcare areas, such as those reviewed in the NHS Long Term Plan
- have a product that is already available for the NHS to purchase, but that has been marketed in the UK for less than 5 years
- outline relevant discussions you have had with the main stakeholders, such as the National Institute for Health Research (NIHR), National Institute for Health and Care Excellence and Academic Health Science Networks (AHSNs), to demonstrate the feasibility of your proposal
- have gained a CE marking for your product
SMEs can work alone or in collaboration with other businesses or research organisations as non-grant claiming partners or subcontractors. Only the project lead will be eligible to claim grant funding.
Get In Touch
If you think that you might be eligible for this fund, please Get In Touch by filling out the contact form below.Back to all funds