Innovate UK is inviting UK-based investors to partner with them. Together it will provide simultaneous grant and investment to UK small and medium-sized enterprises (SMEs) working in precision medicine.
It's looking for patient investors who, as well as providing capital, will speed up growth by providing wider business skills, experience, market access and influence.
The Precision Medicine Accelerator is supported by 2 competitions:
- This competition, which offers the opportunity to become an investor partner.
- A second competition opening summer 2018, for SMEs to apply for 100% of their project costs, split between grant funding and private investment.
Companies looking for grant and investment through the second competition can apply to have 100% of their project costs funded. The total project costs (including grant and investment) should be between £500,000 and £1.5 million, with up to 50% of the costs funded by Innovate UK.
Innovate UK’s Investment Advisory Board will assess applications to become an investor partner. If you are successful we will email you by 11 June 2018.
Register your interest