£1 million will be invested in small businesses developing new ideas addressing challenges in older people with multiple morbidities through a scheme led by Academic Health Science Networks (AHSNs).
The SBRI Healthcare funding awards announced today (15 June) focus particuarly on products and services addressing unmet health needs relating to falls, incontinence and decline in functional ability.
Up to 12 small businesses could each receive £100,000 for phase 1 product development. Up to £2m in further funding support is available for subsequent development.
SBRI Healthcare works with AHSNs to identify priority areas where technology can be applied to address major clinical challenges. It is funded by NHS England.
Karen Livingstone, Director of SBRI Healthcare, said: “With people living longer and patients’ needs changing as a result, the NHS faces particular challenges in supporting frail older patients living with a range of chronic conditions. The latest SBRI Healthcare competition recognises the increased burden being put on primary care services and challenges companies to come forward with enabling ideas.
“We are always excited to see innovative technologies at an early stage in their development and in this case, to support companies in realising the potential of their products to extend patients’ lives and maximise NHS resources.”