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Access to Funding

Access to Funding

Introducing Access to Funding

This section allows you to search for funding opportunities for science, engineering and manufacturing activities available to the health life sciences industry including bio-pharmaceuticals; medical biotechnology; or medical technologies (devices and diagnostics). Funding may also be available indirectly through collaboration with academic or other industry partners. This website includes UK-wide opportunities as well as national funding programmes for Scotland, Wales and Northern Ireland.
Local funding may also be available.

R & D Funding

Knowledge Transfer & Skills

Investment Funding

Business Development Funding

Academic - Industry Collaboration

Funding for companies for specific projects focused on research and development, clinical trials and / or commercialisation of a product or process

Funding for companies to enable transfer of expertise and knowledge from academics to companies or to increase workforce skills

Loans or grants to start-up a company or to support investment in new assets

Schemes to support growth of businesses in areas such as export or growth of existing products or services

Funding to academics to support work in partnership with industry

Business Support Links

Applying for finance

Web guidance for business on applying for finance in general, including introduction to types of finance available and links to a range third party advice and guidance.

Patent Box

The Patent Box enables companies to apply a lower rate of Corporation Tax to profits earned after 1 April 2013 from its patented inventions and certain other innovations. The relief will be phased in from 1 April 2013 and the lower rate of Corporation Tax to be applied will be 10 per cent.

Business Growth Service

The Business Growth Service is now closed to new customers. Contractual commitments to existing customers will be honoured, as long as all support and related activity is completed by 31 March 2016. If you’re looking to find what business support is available in your area, your local Growth Hub may be able to help: http://www.lepnetwork.net/about-leps/the-network-of-leps or call the Government’s FREE Business Support Helpline on 0300 456 3565

Research and Development (R&D) Relief for Corporation Tax

There are two schemes for claiming relief: the Large Company Scheme or the Small or Medium-sized Enterprise (SME) Scheme. SMEs may be able to claim for a tax credit instead. From 1 April 2013 relief is given at 10% of qualifying R&D expenditure

European Investment Bank

The European Investment Bank (EIB) offers a range of financing products and services, primarily lending which accounts for around 90% of total financial activity. Supports companies from SME to large. Can also support clients wishing to blend financing with additional sources of investment, and provide financing advice.

Export Credits Guarantee Department (ECGD)

We help UK exporters by providing insurance to exporters and guarantees to banks to share the risks of providing export finance. In addition, we can make loans to overseas buyers of goods and services from the UK

My Business Support Tool

Support, advice and inspiration for start-up and growing businesses. The tool provides easy access to advice and support for all types of businesses and can be filtered to focus on specific needs.