Small Business Research Initiative (SBRI)
The SBRI programme is based on taking a two-phased development approach, projects start with initial feasibility and can then move on to more detailed product development. Phase 1 contracts for feasibility testing are valued at up to £100,000 and last for six months. Phase 2 contracts for prototype development are worth up to £1 million over 1 year.
THE PROGRAMME TODAY
Launched in 2009, NHS East and NHS Midlands were the first regional health authority to develop an Small Business Research Initiatives scheme (SBRI) to find solutions for identified healthcare problems.
Going forward SBRI East worked to bring together business, health, technology and government partners to deliver a series of competitions for businesses to address major unmet health needs.
Unlike many Research and Development projects which offer grant or match funding, SBRI contracts are 100 per cent funded and the inventor retains the Intellectual Property.
As part of Innovation Health and Wealth, the SBRI Healthcare programme sets industry the challenge in a series of health related competitions which resulted in fully funded development contracts between the awarded company and the NHS.
Since 2008 the NHS has backed the SBRI programme, supporting over 100 companies to develop innovative technologies that match the needs of the health service. A handful of these are now selling into global markets and delivering innovation to the healthcare community. Previous SBRI Healthcare competitions have called for technological and innovative solutions to, for example, change people’s behaviour in order to reduce the impact of obesity and alcohol related diseases, how to live well with dementia and improved medicine management.