Over recent months, several exciting NHS funding opportunities have been announced which is great news for the sector. As well as new competitions that encourage medical innovation, the government announced £86m in funding for new medicine and technology. Speaking in his keynote address at the joint BIA and MHRA conference on 14 July, Lord O’Shaughnessy revealed the major government investment that will speed up patient access to innovative medicines and technology. This will help small UK companies get their innovations into the NHS more quickly to benefit patients – something the BIA has long campaigned for.

This funding will be divided into the following four packages:

  • £39 million of funding to the Academic Health Science Networks (ASHNs), enabling them to assess the benefits of new technologies and support NHS uptake of those that deliver real benefits to patients according to the local need
  • £35 million Digital Health Technology Catalyst for innovators – this will match-fund the development of digital technologies for use by patients and the NHS
  • up to £6 million over the next three years to help SMEs with innovative medicines and devices get the evidence they need by testing in the real world, building on existing opportunities such as the Early Access to Medicine Scheme (EAMS)
  • £6 million Pathway Transformation Fund, which will help NHS organisations integrate new technologies into everyday practices – this will help overcome more practical obstacles such as training staff on how to use new equipment

You can find out more about the funding here and our response to the announcement here.

As well as this significant injection of funding, the NHS is currently running competitions to further encourage innovation.

The latest three opportunities are:

NICE – AdviSeME Prize

The NICE AdviSeME Prize is specifically aimed at SMEs, charities, and academic research groups and offers the winning applicant a free Light Scientific Advice service (valued at £15,000) that will:

  • Provide detailed feedback on the company’s evidence generation plans from a NICE perspective
  • Help to integrate cost-effectiveness considerations into the company’s evidence generation plans
  • Provide insights from NICE-appointed experts
  • Help the company to prepare for future NICE evaluations of their product

The competition for the NICE AdviSeME Prize is now open. Find out more here.

Innovation and Technology Payment – Call for Applications 

Launched at the National Confederation Conference by Simon Stevens on 15th June 2017 and as part of NHS England’s commitment to the Five Year Forward View, NHS England has developed the Innovation and Technology Payment (ITP) 2018/19. The aim of the ITP is to help deliver on the commitment detailed within the Five Year Forward View – creating the conditions and cultural change necessary for proven innovations to be adopted faster and more systematically through the NHS, and to deliver examples into practice for demonstrable patient and population benefit. The application process is now open.

Successful innovation or technology themes will be identified through a competitive process and NHS England will then identify ways of supporting adoption of these across the NHS, for example through introducing a reimbursement for usage or centrally procuring items. Find out more here.

Diagnosing cancer earlier and faster: apply for funding 

A total of up to £1.1 million is available to UK businesses for projects that transform screening and speed up the diagnosis of cancer.

NHS England is to invest in new innovative ideas to:

  • transform cancer screening
  • enable earlier and faster diagnosis of cancer

Read the full announcement here and visit the competition website here.

You can view all of the funding opportunities on our website here.