EPSRC, TSB to invest £9million in nanoscale technology enabled healthcare

The Technology Strategy Board and the Engineering and Physical Sciences Research Council (EPSRC) have jointly allocated £9million to invest in innovative, business led collaborative research projects in the field of nanoscale technology enabled solutions in the healthcare sector.

The organisations are looking to invest in projects that address challenges in building the supply chain across enabling nanoscale technologies and the healthcare sector, and in taking ideas from basic proof of concept or process to pilot technology demonstration in a representative environment. Projects can range from industry orientated basic research through to applied R&D. According to TSB, the companies will invest in projects requiring a public sector funding contribution of typically between £500,000 and £2m over the whole project. They intend to invest in projects that contain a mix of applied research (attracting up to 50% public funding), and industry orientated basic research (attracting up to 75% public funding). The competition opens on 1 November 2011 and the deadline for registration is noon on 6 December 2011.