Sector News

£2.3m awarded to Cumbria University

The University of Cumbria was successful in their bid for £2.3m to aid in improving efficiency levels of small and medium sized business. 

The European Regional Development Fund has put forward this money to help accelerate eco-innovation research. Cumbria University hopes that the research will result in more collaborations between university and local businesses.

MedCity announces the winners of the £2m programme to commercialise life science discoveries.

The £2m programme, led by Kings College London and part-funded by the European Regional Development Fund (ERDF) and Higher Education Funding Council for England (HEFCE), is connecting 16 life sciences SMEs with leading academics to address a specific challenge related to a product or service.

The projects selected for MedCity’s ‘Collaborate to innovate programme’ include data-driven robotic surgery and futuristic wound healing, a cure for pancreatic cancer, virtual reality rehabilitation.

Birmingham's Business Growth Outstrips Other UK Cities

Birmingham has seen the biggest growth in start-ups of all UK core cities with a 95% increase in new companies in 2014-15. They saw nearly 13,000 companies set up in 2014-5, a 95% increase from 6,640 in the previous financial year.


Top three UK Cities (2014-15)

1) Birmingham - 95% increase

2) Bristol - 83% increase

3) Manchester - 77% increase


Submit your application for the Invention for Innovation Programme

The National Institute for Health Research (NIHR) invites applications to its Invention for Innovation (i4i) Programme.

There are two types of award: Product Development awards and Challenge awards.   


The NIHR is the research arm of the NHS and funds these awards for companies to develop R&D plans in collaboration with a university or an NHS organisation.