Life Sciences Transformational R&D Investment Fund
Closing Date: 31/03/2028
Capital grants for UK-registered private sector life sciences companies for large-scale R&D projects that are primarily capital investments and dependent on the grant to proceed.
The Life Sciences Transformational R&D Investment Fund Pilot is a £50 million capital grant programme supporting large-scale research and development projects within the UK life sciences sector. The fund aims to strengthen health resilience, drive innovation and deliver economic benefits through significant investments in research capacity, facilities and technologies.
Projects should demonstrate how they will enhance the UK’s ability to respond to health emergencies and long-term healthcare challenges, for example by expanding or creating R&D capacity, improving manufacturing processes, accelerating clinical research or deploying new technologies.
Applicants are also expected to show how their proposals will contribute to economic growth, including through increased gross value added (GVA), the creation of high-skilled, high-wage jobs, and the generation of spillover benefits across sectors and regions.
The pilot focuses on large-scale transformative projects but may expand in future phases to support a wider range of investments.
| Funding body | Department for Science, Innovation and Technology (DSIT) |
|---|---|
| Maximum value | Discretionary |
| Reference ID | S54580 |
| Category | Business Support Health & Social Welfare Research & Development |
| Fund or call | Fund |