The Life Sciences Innovative Manufacturing Fund will be UK and sector wide and will provide capital grants for investments in the manufacture of Human medicines, Medtech products and Medical diagnostics.
Application Deadline:
The Life Sciences Innovative Manufacturing Fund (LSIMF) provides capital grants for investments in the manufacture of life sciences products in the UK.
The fund will provide capital grants for investments in the manufacture of:
Human medicines
Medical diagnostics
MedTech products
Eligible projects must have a total cost (capital and non-capital costs) of at least £8 million.
To be eligible for the fund, the source states that the company must be a:
UK registered company
Wholly private sector business
Product developer
Contract development manufacturing organisation
Generics manufacturer
The grant is designed to support manufacturing projects in the life sciences sector.
The source states that eligible manufacturing investments are for the manufacture of:
Human medicines, including:
Manufacture of active pharmaceutical ingredients (API) / drug substance
Manufacture of finished product / drug product
Medical diagnostics, for both:
Disease identification
Monitoring
MedTech products, including:
All types of medical devices related to human health
To be eligible, the project must:
Have a total cost of at least £8 million
Be located in the UK
Be primarily a capital investment
Be a single company investment
Require the grant funding to proceed
Be a manufacturing project for one of the eligible product categories above
Applications are assessed in quarterly rounds until all funding has been allocated.
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