Finance

28th May 2021

MedTech Navigator Innovation Grant Application

The MedTech NAVIGATOR Innovation Grants are designed to facilitate such bespoke interactions between SMEs and eligible knowledge providers, such as NHS Trusts or Universities, during the product development process. Each Innovation Grant is worth 50% of the total project costs up to a maximum of £15,000, with businesses paying the remaining 50% and any project costs over and above the £15,000 cap.

Projects the Grants will support could include helping to develop, or test, new or improved products, processes and services; providing expertise and access to information on care pathways and workflows as well as tapping into clinical and scientific expertise. The new scheme is available to UK businesses that meet the European Union definition of a small and medium sized enterprise, partner with an eligible knowledge provider and can match fund 50% of the total project costs. It is an open call whereby applications can be submitted at any time via the website.

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