Medical device and technology specialists should take note of the NIHR’s mental-health-focused Invention for Innovation Challenge Award. There will be only one winner, the NIHR’s Chris Halls tells Lindsay McKenzie, and that project could net between £1million and £2m.
The Invention for Innovation (i4i) programme is a translational scheme aiming to create an advanced, or clinically validated, prototype medical device, technology or intervention. The National Institute for Health Research hopes that other funders and investors will then step in to bring the projects and products that it has supported to the wider world.
The programme is divided into two funding streams: Product Development Awards are held twice a year and are open to development of technology in any health field, while the recently re-launched Challenge Awards are held once a year and will focus on a specific theme determined by NHS need.