The Institution of Engineering and Technology (IET) and the Manufacturing Technology Centre (MTC) have launched a research and development funding programme aimed at chemical small and medium sized enterprises (SMEs).
The Horizontal Innovation Programme is designed to capitalise on technology that can be adapted for use in a variety of sectors.
Through this programme we are offering one lucky SME the opportunity to gain access to highly skilled engineers and some of the world’s most advanced manufacturing equipment
IET president Naomi Climer
Now, chemical SMEs are being invited to use their innovations to solve some of the challenges faced by the NHS – particularly within the field of emergency care.
The winner will receive £35,000 to enable its innovation or product to be commercialised, and will have access to the MTC’s flexible factory capabilities, as well as receiving support in business planning, product design, IP protection and engineering expertise.
“The UK is renowned across the world for creativity and innovation, but we aren’t always so good at commercialising our innovations. This is particularly difficult for SMEs who face barriers and challenges at the product development stage including funding, expertise, business processes and technologies,” said Naomi Climer, president of the IET.
“Through this programme we are offering one lucky SME the opportunity to gain access to highly skilled engineers and some of the world’s most advanced manufacturing equipment, enabling them to develop and commercialise a technology solution on an industrial scale,” Climer added.
To be considered for the programme, SMEs should submit a proposalthat demonstrates how their technology solution can used and commercialised in the healthcare sector, in particular to address the current NHS challenges within emergency care. The proposal should aim to solve a real-life issue within NHS patient care, which could include anything from initial patient transportation through to recovery, IET said.
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