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BioBIC Grant: Turning Innovative Technology Concepts into Market Reality

Opens:
3/6/2024
Closes:
28/7/2024
Sectors:
Manufacturing & Materials
General & Misc
Project Size:
£50,000

Opportunity Status: Open

Funders: Biotechnology and Biological Sciences Research Council (BBSRC), Science and Technology Facilities Council (STFC)

Funding Type: Grant

Maximum Award: £50,000

Key Dates:

· Publication Date: 14 June 2024

· Opening Date: 3 June 2024, 9:00am UK time

· Closing Date: 28 July 2024, 11:59pm UK time

Objective: The BioBIC (Biotechnology Business Incubation Centre) aims to support early-stage biotechnology start-ups in turning their innovative technology concepts into market realities. It provides funding and support for research and development activities.

Who Can Apply:

· UK-registered companies under five years old, majority-owned by founders and employees.

· Companies must have received previous support from UK Research and Innovation (UKRI) or a UKRI partner organisation.

Eligibility Criteria:

· Companies must be building on a previous BBSRC or other UKRI grant or UKRI partner support.

· The research should aim to take forward a bioscience innovation addressing any market opportunity.

· The technology must be biological in nature, interact with a biological entity, involve a biological process, or address a biological challenge.

· Applications based on medical or clinical devices and therapeutics for specific end-point clinical utility (including diagnostics) are not accepted.

Support Provided by BioBIC:

· £50,000 for research and development (R&D) funding.

· £10,000 innovation voucher for R&D activities.

· Technical, commercial, and intellectual property support.

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