The £98 million Healthy Ageing Programme, funded by the government’s Industrial Strategy Challenge Fund and led by UK Research and Innovation (UKRI), has opened its first competition.

The Investment Accelerator (open for applications until 6 November) will stimulate private investment in business-led research and development, to grow and bring to market ideas for healthy ageing products and services that have potential to be adopted on a wide scale. A total of £29 million in government grants together with matched funding from private investors will be available over the next four years for projects up to £1.5 million.

The programme’s largest element (£40 million) will be the ‘Trailblazer’ projects, which will stimulate new ideas from a wide range of businesses and social enterprises to develop and deliver products, services and business models at a large scale to support people as they age. These funding grants will open in the autumn.

Read the full UKRI article.

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