Funding & Investment

There are a number of different sources and types of funding to support innovation and R&D activities in the Medtech Sector

Supporting Innovation

There are a number of different sources and types of funding available to support innovation and R&D activities in the Medtech Sector. These can range from grants to pre-commercial procurement contracts (SBRI) to investments made in return for equity or other future return on investment.

The Health Enterprise East Innovation Team can assist you in understanding which of these sources and types of finance might best suit you depending on which stage of the product development pathway you are on.

HEE either manage or have involvement in the following schemes:

  • HEE Development Funding for eligible NHS organisations only
  • Medtech Accelerator proof of concept award scheme – primarily for eligible NHS organisations
  • SBRI Healthcare programme pre-commercial procurement contracts – mainly for SMEs and public sector spin-outs
  • Medovate - Innovation development company dedicated to the commercialisation of pioneering medical technologies created within the NHS.

To determine the best option to suit your organisation, your eligibility for each scheme or to gain advice on other potential funding streams you are advised in the first instance to call (01223) 928040 or email enquiries@hee.co.uk and ask for a member of the Innovation Team.

Please Note:

The HEE Development Fund Disclosure Form is a separate entity to the Medtech Accelerator. For ALL specific Medtech Accelerator applications please click on the Medtech Accelerator link.

Funding