NHS Innovations London - Funding Bodies

DEPARTMENT FOR INNOVATION, UNIVERSITIES AND SKILLS

The DIUS brings together functions from the former Department of Trade and Industry, including responsibilities for science and innovation, with further and higher education and skills, previously part of the Deparment for Education and Skills.

NHS Innovations London (NHSIL) was awarded £ 2.3 million under PSRE2 for the period 2004-2007 and a further £ 1.5 million under PSRE3 for the period 2006-2009 to provide funding to manage innovations and Intellectual property coming from NHS Trusts in London and also to provide Proof-of Concept support to migrate products towards commercialization.

DEPARTMENT OF HEALTH (DH)

As part of a national network (www.nhsinnovations.nhs.uk), the DH is providing annual funding to NHS Innovations London (NHSIL) to provide services to NHS Trusts in the London region for the identification, protection and management of innovations and intellectual property that benefit patient health care and result in the generation of revenues for the Trusts

LONDON DEVELOPMENT AGENCY (LDA)

The London Development Agency (LDA) works to build a thriving economy for London’s communities and businesses. They support the growth of new and existing businesses and the creation of new jobs by investing more than £300 million a year in London.

The LDA focuses their investment on areas of greatest need and greatest potential, so that all Londoners can gain from and contribute to London’s success.