Tender Response Limited

The Life Sciences Innovative Manufacturing Fund (LSIMF) in County Durham

Tender Response Limited

Business

Expires:

Total: 250000000

Individual: 8000000

Minimum company size: 1

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Summary

The Life Sciences Innovative Manufacturing Fund (LSIMF) is a capital grants fund which aims to build resilience for future health emergencies and capitalise on the UK’s world-leading research and development capabilities. The fund will enhance and accelerate affordable access to mature, new and emerging Life Sciences products for both pandemic and non-pandemic scenarios.

LSIMF will provide up to £520 million in capital grants for investment in the manufacture of human medicines and medical technology (including diagnostics, and MedTech products).
This is a new fund from previous UK Government Life Sciences manufacturing funds. 

LSIMF is open to all eligible companies, including previous manufacturing grant recipients, as long as the application is for a different project.

Projects with a total cost (including capital expenditure) of at least £8 million are eligible to apply.

Our typical intervention rate is between 10-20% of your total project costs. For example, for a project with a total cost of £100m, the typical grant awarded might be £10-20m.
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