Funding for life and health sciences innovation in NI

Round 2 of Launchpad funding for NI life and health sciences is now open

Innovate UK, part of UK Research and Innovation, has teamed up with Invest Northern Ireland to offer up to £4.3 million in funding for innovation projects.

This funding, through round 2 of Innovate UK's Launchpad programme, aims to support economic growth in Northern Ireland's life and health sciences sector.

The programme has two competition strands:

• De Minimis or Minimal Financial Assistance (MFA) strand: Offers £25,000 to £100,000 for individual businesses.
• Collaborative research and development (CR&D) strand: Offers £150,000 to £1 million for collaborative projects.

Eligible projects must focus on innovation in the life and health sciences and contribute to the growth of the sector in Northern Ireland. Businesses can apply for either strand, but projects must be separate and distinct.

Projects can cover areas like diagnostics, medical devices, digital health, and healthcare service delivery. You must submit applications to the correct strand, as you won't be able to transfer them after submission.

Read more about Launchpad: life and health sciences, Northern Ireland competition.

Briefing and support

An online briefing session will take place on 14 November 2024 from 1pm to 2:15pm. Potential applicants should register to join.

Invest NI will host two regional clinics on Friday 15 November 2024 to help local businesses define their ideas and develop proposals.

If your business is considering applying for this funding opportunity, book your place below to discuss your application with Invest NI:

• NI life and health sciences Launchpad: regional clinic, Derry~Londonderry
• NI life and health sciences Launchpad: regional clinic, Belfast

For more details, businesses can also contact Innovate UK's Health team.

First published 11 November 2024