UK Research and Innovation (UKRI) is heralding a new era for life sciences with the announcement of its Proof of Concept Grant. This initiative is designed to accelerate the translation of cutting-edge research into tangible, commercial products and services within the life sciences sector. Here’s a deeper dive into what this means for researchers and institutions:
Eligibility Details:
Who Can Apply: This grant is open to researchers and support staff at UKRI eligible research organisations. It encompasses a wide range of potential applicants from postdoctoral researchers and fellows to research assistants and heads of groups. The scope of eligibility extends to technicians and knowledge exchange staff, provided they are employed directly by eligible organisations. Find more information.
Intended Applicants: The grant particularly encourages applications from those involved in early-to-mid stage commercialisation of research, covering varied disciplines within life sciences.
Comprehensive Funding Scope:
What’s Covered: The grant supports a broad spectrum of commercialisation activities. These include, but are not limited to, the development of prototypes, advanced product and process design, user testing and feedback, and the refinement of business models aimed at sustainability and market reach. Additionally, it encompasses the development of intellectual property strategies and regulatory compliance frameworks—essential components for navigating the complex market landscape.
Timeline of the Grant Process:
Key Dates: Start by marking your intention to submit by 3 March 2025. The actual application process begins on 12 March 2025, with the final submissions due by 29 May 2025. Successful projects are expected to commence on 1 September 2025.
Support Events: A community webinar scheduled for 30 January 2025 will offer insights and guidance on the application process. View webinar.
Navigating with Global Regulatory Services (GRS)
The journey from concept to market is fraught with regulatory hurdles and quality compliance requirements, particularly in the life sciences. GRS is poised to guide grant recipients through this intricate process. Our services are tailored to ensure compliance with global standards, facilitating a smoother transition from research to commercial viability.
Services Offered by GRS Include:
Regulatory Strategy Development: Crafting bespoke strategies that align with the specific needs of your project.
Quality Compliance Assessments: Ensuring your product meets all necessary quality standards before it reaches the market.
Market Access and Compliance: Helping you navigate the regulatory landscape to ensure your product can be successfully launched and sustained in the market.
Conclusion
The UKRI Proof of Concept Grant offers a unique opportunity for life sciences researchers to propel their innovations from the lab bench to the marketplace. With GRS as your regulatory partner, you can focus on what you do best—innovating and transforming the life sciences landscape.
For more information on how GRS can assist in your journey, contact us at grs@globalregulatoryservices.com or visit our contact details. Embrace this opportunity to drive your research towards impactful commercial success with UKRI’s financial backing and GRS’s regulatory expertise.
