Mind the Gap! New ways of funding to pull research through to patient benefit

Want to find out about the new mechanisms that charities and other medical research funders are using to stimulate new ways to translate research into benefits for patients? Then this is the workshop for you. We'll cover innovative approaches including the development of new investment vehicles that use charity financial and non-financial assets to support research, as well as examine novel partnerships and approaches to co-funding research.

 Who is the workshop for?

This workshop is aimed at Research Managers, Research Directors, CEOs, Finance officers, Trustees and those interesting in learning more about new ways of funding within medical research. In particular we urge members to consider attending alongside Trustees who may be interested in understanding and exploring this area.  

 

What will you get out of attending the workshop?

  • An overview of some of the innovative new approaches to funding being taken across the medical research charity sector;
  • A platform to ask questions and explore any barriers which can be experienced in adopting some of these new funding methods; and  
  • The opportunity to network with other charities who are exploring and/or active in this space and share ideas/learnings.

What's on the agenda?

09:00 Registration, tea & coffee

09:20 Welcome & Ice breaker

Session 1 – Case studies of innovative charity research investment

 

09:30 – 09:55 The Furlong Fund: Investing in start-ups for patient benefit  

Collaborating with a healthcare accelerator to invest in solutions for people with musculoskeletal conditions.

Kaveh Memarzadeh, Orthopaedic Research UK

 

09:55 – 10:20 Case Study tbc.

Anastasia Shiach, Director of Capital Markets, CRUK

 

10:20 – 10:45 Investing for greater impact

Supporting a mission with impact investing.

David Renton, Director of Finance and Investment, Guy's and St Thomas' Charity

10:45- 11:00 Refreshment break

Session 2 – A closer look at examples of different approaches to funding

 

11:00 – 11:30 Charity-Innovate UK collaboration: Funding joint projects

Working together with Innovate UK to harness funds from the Industrial Strategy Challenge Fund (ISCF).  

Krisnah Poinasamy, External Affairs Manager, Asthma UK & Innovate UK

 

11:30 – 12:00 Building an innovative research strategy from scratch

The story of building an innovative approach to ensuring patient benefit.  

Sue Farrington, Chief Executive, Scleroderma & Raynaud's UK

12:00 – 13:00 Lunch

 

13:00 Session 3 – Innovative funding Agony Aunts  

 

13:00 – 13:30 Group discussion around challenges

 

13:15 Panel Discussion

An opportunity to air and ask questions and difficulties encountered in thinking about or implementing innovative funding approaches. Areas which could be covered include  

 

Panel:

Dr Arthur Roach, Director of Research, Parkinson’s UK

Anastasia Shiach, Director of Capital Markets, CRUK

  

Chair: Matt Hobbs, Director of research, Prostate Cancer UK

 

14:15 – 14:30 Refreshment break

 

14:30 Session 4 – Funding toolkit: What is required to fund in new ways?

14:30 – 15:00 Moving towards proof-of-concept

Funding with the aim of translation.

Natasa Levicar, Senior Research Advisor for translational research schemes, BHF

 

15:00 – 15:30 How to avoid funding into a corner

Richard Seabrooke, Advisor, Business Development

 

15:30 – 16:00 Going big: Lessons from the Dementia Discovery Fund

Charity involvement in the world’s largest venture fund focused entirely on discovering and developing novel therapies for dementia.

David Reynolds, Discovery Team, Dementia Discovery Fund

 

16:00 Close