NIHR THRIVE Programme of Entrepreneurship Training and Funding

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The NIHR Invention for Innovation (i4i) programme is accepting applications with the second call for the researcher and clinician-led THRIVE (Translate Healthcare Research through InnoVation and Entrepreneurship) funding and training opportunity.

THRIVE aims to accelerate the translation of healthcare innovations tackling health inequalities from bench to bed, speed up patient benefit and concurrently expand the entrepreneurial mindset of researchers and clinicians.

THRIVE is aimed at academic and clinical entrepreneurs with innovations at prototype development level (Technology Readiness Level (TRL 3)) and above to ensure that the product is advanced enough to test the market need and build a commercialisation strategy and benefit from the training by applying the ideas and frameworks to an innovation ready for translation.

THRIVE offers up to £150,000 over 9 months to support the development of the technology and a structured programme of entrepreneurial training, mentoring, peer support and networking. Through the programme the innovators will explore the market for their innovation and identify potential routes for commercialising (spin-out vs licensing) or sustaining their innovation (Intrapreneurship).

The programme supports innovations that can reduce health inequalities and meet needs in underserved communities.

Applications from underserved communities and geographies as well as under-represented innovators are encouraged.