The third round of Innovate UK's "Digital Health Technology Catalyst (DHTC) round 3: feasibility studies” is open. It is part of HMG’s £35M fund aiming at addressing challenges about the development of digital health innovations. A total of £1M will be available for this third round.
What the competition is about:
The projects should be focussed on:
Improving health, and closing the health and wellbeing gap with: cancer diagnosis and treatment, mental health early stage intervention and treatment, diabetes risk and incidence reduction;
Transforming care, and closing the care and quality gap with: urgent and emergency care provision, management of primary care workload, enabling patient choice in elective care;
Controlling costs, enabling change and closing the finance and efficiency gap through the use of technology to maintain or improve levels of care with reduced spending.
As a result, your project should improve the competitiveness and productivity of at least one UK SME involved in the project.
SMEs can compete on their own or in a consortium.
The funding is a grant to subsidise feasibility studies; this could cover the assessment of the market and business opportunity, the validation of the initial concept or scoping for further development.
How the DHTC can help you:
The costs of these feasibility studies. are expected to be between £50,0000 and £75,000. This fund can cover:
up to 70% of the costs of the feasibility study if you are a micro or small business;
up to 60% of the costs if you are a medium-sized business;
up to 50% of the costs if you are a large business.
NB: all projects must start by 1 April 2019 and can last up to 12 months.
How to apply:
Registration will close on 31 October at noon. Applicants will be informed of the decision on 18 January 2019.
To apply, you’ll need to register on the website.
The application is divided into three sections:
How to maximise your chances of getting a grant:
To start with, you can read the posts in our “advice” section.
Then, get in touch!