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Grant Funding for Health Technologies

Fund Name

WMHTIA Grant Funding for Health Technologies

Project Value

£50k - £150k

Deadline

31.05.2024

The WMHTIA Grant Funding for Health Technologies is aimed at small and medium-sized enterprises (SMEs) requiring funding to reach the next stage in their product or service development pathway.

There are 2 strands:

  • Up to £50k (1 stage)
  • £51k to £150k (2 stage, application and live pitch)

The deadline for application is to be confirmed.

 

Check Your Eligibility

Fund details

The funding applications are open on a rolling basis however the Grant Committee panel will review cohorts of applications at a minimum of 3 times during 2024 (Spring, Summer and Autumn).

Applications will be assessed against the following criteria:

  • Healthcare need and health economic case and impact on product or service users
  • Clear and relevant single question to be addressed with the funding
  • Project originality; new innovation or novel application in healthcare
  • Clear and achievable project plan in the stated timeframe (within 6 months)
  • Appropriate budget and management arrangements
  • Project team and management arrangements
  • Intellectual Property (IP) & commercialisation strategy

Eligibility

Funding is available to be applied for by West Midlands (WMs) based SMEs (as evidenced by their registered address on Companies House), or those who can evidence they are:

  • a. Operational in the WM (evidenced by a trading address)
  • b. Collaborating with organisations in the WM (providing details and letters of support)
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