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UK-South Korea Digital Health CRD

Fund Name

UK-South Korea Digital Health CRD

Project Length

24-30 months

Project Value

Up to £750k

Deadline

02.08.2023

Innovate UK and the Medical Research Council (MRC), part of UK Research and Innovation, will work with the Korea Health Industry Development Institute (KHIDI) to invest up to £3 million in innovation projects.

The aim of this competition is to fund business-led, collaborative research and development (CR&D) projects. Projects must aim to deliver economic, knowledge and health benefit through industrial innovation and academic collaboration in the area of Digital Health for the UK and South Korea.

Check Your Eligibility

Fund Details

Projects must meet the stated requirements of MRC and Innovate UK as set out in this brief and that of the Korea Health Industry Development Institute (KHIDI) as set out in their published brief.

Your project must demonstrate:

  • a clear game-changing or disruptive innovative idea linked to knowledge generation which contributes towards our understanding of human health conditions and leads to new products, processes or services
  • improvement to the prevention, diagnosis, prognosis or treatment of significant health needs
  • meaningful collaboration and transfer of knowledge between academic, RTO and business project partners
  • a clear, evidence-based business case that addresses and documents market potential and needs and that sets out the return on investment
  • a strong and deliverable business that includes sound, practical financial plans and timelines
  • good value for money which will always be a consideration in Innovate UK and MRC funding decisions
  • clear potential to benefit the UK economy or national productivity
  • the benefits to participants from the countries working together
  • a clear definition of where intellectual property (IP) can be used and shared between the participants and countries
  • a clear route to market within 2 to 3 years of project completion

Specific themes

Your project must focus on digital health. This may include digital tools, technologies, and solutions to improve health. These technologies include a wide range of devices, software, and platforms that leverage digital and mobile technologies.

Examples of areas of focus include:

  • developing tools for improving the analysis of medical imaging or data for clinical diagnosis, risk identification, patient stratification and disease monitoring
  • data platforms for better integration of electronic health records, including opportunities for the use of data for further research
  • tools to support point-of-care diagnosis and surveillance modelling
  • digital tools to support the management of diseases and delivery of psychological therapies

This list is not meant to be exhaustive. Any digital health project must align with Innovate UK, MRC and KHIDI remits.

Innovate UK will not fund projects that:

  • deliver any non-civilian applications
  • deliver dual-use intellectual property (IP)
  • are not in scope
  • do not meet Innovate UK’s eligibility criteria
  • do not submit all mandatory documentation
  • have a grant request of more than £750,000 from Innovate UK

Eligibility

Your project must:

  • have a maximum grant funding request of no more than £750,000
  • start by 1st November 2023
  • end by 30 April 2026
  • last between 24 and 30 months

UK project partners must carry out the majority of their project work in the UK and intend to exploit the results from or in the UK. The consortium must include at least two eligible organisations registered in South Korea that are separate, non-linked entities.

Your South Korean partners will not receive any of this UK competition funding. South Korean partners will be funded by KHIDI. South Korean partners must be separately listed in the application to KHIDI. Only UK-registered partners must be listed in the Project Partner section of this application.

Funding 

For industrial research projects, you could get funding for your eligible project costs of:

  • up to 70% if you are a micro or small organisation
  • up to 60% if you are a medium-sized organisation

South Korean counterparts must apply to Korea Health Industry Development Institute (KHIDI) for a matched amount of funding for the South Korean component of the project. The South Korean component of the project cannot be used for any of the project costs in your UK application. Successful South Korean partners will be funded by KHIDI.

Talk to us today if you would like to apply for this opportunity.

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