This is a Small Business Research Initiative (SBRI) competition funded by UKRI. The aim of the competition is to fund organisations to deliver social impact and address one or more of the 7 themes of the Healthy Ageing Challenge Framework
UKRI will award up to £4 million inclusive of VAT across 2 strands. These are:
- Healthy Ageing Social Ventures Feasibility Studies for projects with costs up to £50,000
- Healthy Ageing Social Ventures industrial research for projects with costs from £50,000 to £150,000 for prototype development and evaluation (this strand)
This is phase 1 of a potential 2-phase competition.
A decision to proceed with phase 2 will depend on the outcomes from phase 1, availability of further funding and assessment of a separate application into a subsequent phase 2 competition.
Only successful applicants from phase 1 will be able to apply to take part in phase 2.
Any adoption and implementation of a solution from this competition would be subject to a separate, possible competitive, procurement exercise. This competition does not cover the purchase of any solution.
In applying to this competition, you are entering into a competitive process. This competition closes at 11am UK time on the date of the deadline.