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***** THIS IS AN AWARD NOTICE, NOT A CALL FOR COMPETITION ***** This procurement is being concluded following a competitive quote exercise.
Brief Description of Requirement
Innovate UK (IUK) is the UK's innovation agency, it helps to drive productivity and economic growth by supporting businesses to develop and realise the potential of new ideas. There are a number of criteria that an innovation area must meet to receive IUK support. These include having a significant market size (national and international), the UK having appropriate capabilities in the area (academic, industrial, NHS etc.), alignment with government/UK priorities (e.g., Health, EDI, Net-Zero) and significant ROI potential.
It is also important that IUK only supports areas that would not be successful without some form of state intervention or would take a protracted timeframe to develop. As such, before IUK funds a new area it needs to perform a 'mapping exercise' to examine these issues and review any barriers and obstacles that have led to market failure or limited development and growth.
The Health Team at IUK has identified several important healthcare areas that may benefit from support following a recent strategy review process and is looking to work with partners to conduct a 'mapping exercise' to identify key barriers and drivers facing these areas and determine what support is required to address them. This support is not limited to the standard IUK approach of funding competitions to help companies develop new innovations. To progress this vision IUK will work with a wide range of stakeholders to address areas such as systemic enabling and infrastructure barriers, developing new business models, regulatory issues, obtaining real world evidence, novel procurement approaches, changing clinical pathways or assistance with scaling up.
IUK is there for looking to collaborate with partners to design and deliver a mapping exercise in a range of healthcare areas.
| Supplier | Identifier | Award Value | Cross-References |
|---|---|---|---|
| Meltwater Health Ltd | 11134222 | £30,000 | - |