Proof-of-concept Fund
NHSIL provides a Proof of Concept Fund to help individuals prove their idea or invention can work. The fund provides financial backing and business support for inventors and researchers looking to demonstrate the commercial applications and viability of their technologies and research.
Since the launch of the Proof of Concept Fund, over 20 projects from London Trusts have been allocated over £500,000.
Recent Proof of Concept fund allocations have covered the development of projects in the following areas:
- Therapeutic
- Diagnostic
- Medical device
- Software
- Assistive technology
- Hospital equipment
The Proof of Concept Fund is open to all NHS staff with no restriction on the field of technology or invention.
Read more about this topic: NHS Innovations London
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