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Healthy Ageing Social Ventures feasibility studies

Health & Life Sciences
Project Size:
up to £50,000 including VAT


This is a Small Business Research Initiative (SBRI) competition funded by UKRI. The aim of the competition is to fund organisations to deliver social impact and address one or more of the seven themes of the Healthy Ageing Challenge Framework.

This is phase 1 of a potential 2-phase competition. A decision to proceed with phase 2 will depend on the outcomes from phase 1, availability of further funding and assessment of a separate application into a subsequent phase 2 competition.

Only successful applicants from phase 1 will be able to apply to take part in phase 2.

Any adoption and implementation of a solution from this competition would be subject to a separate, possible competitive, procurement exercise. This competition does not cover the purchase of any solution.


Your project must:

  • start by 1 March 2022
  • end by 28 February 2023
  • have total eligible project costs up to £50,000 inclusive of VAT

To lead a project, you must:

  • be an organisation of any size
  • work alone or with other organisations as subcontractors
  • exist wholly to provide benefits for society
  • have stated commitment to social outcomes for an identified set of beneficiaries related to your social or environmental mission
  • have objects in your constitutional documents, which form a constitutional lock, that protect your social or environmental mission
  • have a policy to distribute profits after tax so surpluses are used to achieve social or environmental impacts 

Contracts will be awarded only to a single legal entity.


The aim of this competition is to enable businesses with a social purpose to develop and deliver innovative products and services.

 Your project can focus on one or more of the following seven themes from the Healthy Ageing Challenge Framework:

  • living well with cognitive impairment
  • sustaining physical activity
  • maintaining health at work and work in later life
  • managing the common complaints of ageing
  • design for age-friendly homes
  • creating healthy active places
  • supporting social connections

 Your project must:

  • describe how your innovation is addressing critical social or environmental challenges
  • demonstrate a causal link between your business activities and achievement of your declared social or environmental impact
  • describe how all social impact will be measured, evidenced, and reported
  • outline your commitment to specific social outcomes, clearly identifying beneficiaries related to your social or environmental mission
  • explain how any profits after tax will be distributed so surpluses are used to achieve future social or environmental impacts
  • establish ongoing collaboration between all members of the project team
  • formalise any required ethical approvals, data sharing agreements and contracts

 Research category: Feasibility studies. This means planned research or critical investigation to gain new knowledge and skills for developing new products, processes or services.

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