New Innovators in health technologies, West Yorkshire

To lead a project your organisation must be a UK registered micro or small business. Usually, a small (or micro) business must meet at least 2 of these conditions:

• annual turnover must be not more than £10.2 million
• the balance sheet total must be not more than £5.1 million
• the average number of employees must be not more than 50

If your business has been funded directly by Innovate UK previously, you are not eligible to be offered funding through this competition.

If you have only received funding directly from Innovate UK Business Growth (previously named Innovate UK EDGE) or a Catapult scheme, you are eligible to apply for this competition.

Businesses with directors who have previously received a grant or Innovation Loan from Innovate UK as part of a different company, are eligible to apply but will be considered on a case-by-case basis.

A business with a previous award to a parent or subsidiary would also be eligible to apply, but the parent company must be classified as a micro or small business. Applications will be considered on a case-by-case basis.

If you are unsure, contact our customer support team by email at least 10 working days before the submission deadline.

An eligible UK business can submit one application only. This limit extends to current owners, directors and persons of significant interest, prohibiting them from leading multiple submissions through different entities.

Your project must:

• have a grant funding request between £25,000 and £50,000
• have total project costs that equal your grant funding request
• last between three and six months in duration
• intend to exploit the results from or in the UK
• help to grow your innovation activities during and after the project in the innovation cluster described in the Scope section
• start between 1 November 2024 and 1 February 2025
• end by 30 April 2025

The aim of this competition is to provide a package of targeted support to enable ambitious UK registered micro and small businesses to develop highly innovative ideas that have a clear route to commercialisation and business growth.

Your project must use the funding to help to grow your innovation activities in the health technologies cluster in West Yorkshire, both during and after the project.

Your project must focus on health technology innovation, which could address any human health challenges:

Human health challenges include but are not limited to:

• overcoming health inequalities
• global net zero challenges in healthcare
• major health conditions
• the prevention of disease
• earlier and better detection and diagnosis of disease
• other challenges that can be tackled with health technologies

Your innovation can lead to new products, processes or services that are significantly ahead of others currently available, or propose an innovative use of existing products, processes or services. It can also involve a new or innovative business model.

Your project can focus on one or more of the following:

• medical devices
• diagnostics, including In-Vitro Diagnostics (IVD)
• digital health, including data driven health technologies and artificial intelligence (AI)

This list is not exhaustive. Where you can show your proposal fits within the scope of this competition you can focus on other themes.

Innovate UK will hold an online briefing event on Monday 17 June: click here to register for a place.

For further advice, you can contact Innovate UK Business Connect’s Health team.