Finance

10th July 2018

Investment accelerator: innovation in precision medicine

UK businesses can apply for a share of up to £6 million of grant funding to match private equity investment and fund innovations in precision medicine.

Competition opens: Monday 23 July 2018
Competition closes: Wednesday 26 September 2018 12:00pm

This is an investment accelerator competition providing simultaneous grant funding and private investment for early stage projects led by UK companies.

Up to £6 million of grant funding and a comparable amount of private equity investment is available to support business-led innovation in precision medicine technologies. Proposals must offer a disruptive change to the way that we accurately diagnose, monitor and treat disease.

The competition is open to single SMEs who are looking for grant funding and who want to establish an equity relationship with a UK venture capital firm. Find out if your business fits the EU definition of an SME.

We are particularly encouraging new deal flow from the investor partners. SMEs who already have investment from one or more of the investors are also eligible. Preference may be given to first time investments in the event of a large number of high quality applications.

Find out more here