A Pump Priming Fund (PPF) is available through the QME Zone to fund local life science businesses for up to £50k for a development project to be undertaken in collaboration with Queen Mary academic and research staff. The Pump Prime Fund is designed to encourage exploration of new innovative concepts that have potential for major impact. In particular, PPF should provide an opportunity to obtain pilot data that enables subsequent submission of a grant or fellowship application to an external funding agency.
Funding will be available for feasibility trials and demonstrations of new concepts including costs related to staff, consumables and small scale equipment.
The PPF operates a two-stage process; an initial one-page “Expression of Interest” followed by a full presentation by shortlisted applicants to a review panel consisting of internal stakeholders and external industry and investment experts.
PPF awards will be a maximum of £50k per project, although applications for smaller amounts will be considered.
- The PPF is available to external applicants from a scientific/business field relevant to the QME e.g. digital health, medical device technology, biotechnology and other life science sectors.
- Applicants will be expected to have or to establish an active collaboration with a QMUL research team. The application should be based on work to be carried out by, or jointly with, a QMUL research team. The project will be focussed on driving the development of the technology upon which the external applicant’s business is based.
We are looking forward to receiving your expressions of interest so our internal teams can help in determining the potential for internal collaboration, establish the new collaborations and agree a project outline to be considered by the funding panel. Applications are now open with a deadline of Sunday 3 May 2020.
If you need more information about how to apply, contact firstname.lastname@example.org