£3.7m Govt fund to boost photonics-based innovation

Posted on 12 Mar 2013

David Willetts, minister for universities and science, has announced a £3.7 million investment to fund projects that apply innovative photonics technologies to solve challenges in the health sector.

The investment seeks to encourage the formation of new business-led partnerships between academia, industry and health providers, to validate and highlight new applications of photonics in healthcare.

It will be administered by the Technology Strategy Board and run as a two-part process.

The first part is a single-stage competition for feasibility studies, including at least one small or medium-sized enterprise (SME) and lasting between six and 12 months; £1.5 million will be allocated to this strand, with individual project awards of up around £100k.

The second part is a two-stage competition for collaborative R&D projects, again including at least one SME. Projects will last between 12 and 24 months; £2.2m is allocated to this strand, with individual project awards of up to £750k available.

Iain Gray, chief executive of the Technology Strategy Board, said: “The nature of the competition will stimulate innovation and new cross-sector, industry-led collaborations across all tiers of the supply chain in photonics for health.

“The involvement of clinical and industrial end-users in both the feasibility studies and R&D stages of the competition will help ensure not just that the NHS and clinicians fully understand the potential of next generation photonic technologies, but that they can bring their expertise to bear in the development of a range of new tools for less invasive diagnosis and surgery.”