What does MDIP mean in MEDICAL

MDIP is a programme designed to promote the development of innovative medical devices and in vitro diagnostic (IVD) technologies in hospitals and healthcare settings. This programme provides grant funding to support feasibility studies, clinical trials, commercialisation plans, regulatory advice and other activities related to bringing novel medical device prototypes to market.

The MDIP is open to applications from any hospital or healthcare provider in the UK that wants to explore innovative medical device ideas or develop an existing prototype. Furthermore, academic research groups such as those associated with universities can also apply for this programme.

The MDIP offers grants ranging from £75,000-£2 million for feasibility studies, clinical trials, regulatory advice and commercialisation plans related to developing medical devices. There are also additional funding opportunities available from other grant sources that could help support your project.

Yes, the deadline for submitting applications depends on when you want the funding period to start. The earliest deadlines are usually during February and July of each year; however it’s important that you check with your local NHS trust about their own specific requirements before making an application.

Applications are typically processed within 6-8 weeks after submission and a decision will be made by all relevant parties at that time. If further information is requested during this process then it could add additional time onto this timeline so make sure that you respond quickly if needed.

Applications will be assessed based on their potential impact on patient care, their technical feasibility and innovation levels as well as clinical relevance and value added across multiple stakeholders including clinicians, industry partners and patients themselves. Financial information must also be provided in order for a thorough assessment of economic value added benefits alongside other key factors such as risk management strategies too.

In order to apply you’ll need a Curriculum Vitae (CV) which should include details about your educational background as well as professional achievements which relate to medical device development projects; details on what you aim to achieve with your project; technical specifications of your proposed design; financial projections alongside any additional supporting documents requested by the programme reviewers such as evidence demonstrating compliance with GDPR regulations or any relevant ethical approvals obtained where necessary too.

You should direct all enquiries relating to applications through your local NHS trust who will have access to specialist advisors who can offer advice on preparing your application and ensuring its best possible fit with specific requirements needed for successful assessment outcomes by review panel members. Alternatively you can email [email protected] directly if you need assistance or would like more information about how the scheme works before making an application too.