A U.K. government agency is seeking pitches from blockchain startups as part of a competition focused on digital health solutions.
Innovate UK – a nondepartmental public office aimed to promote innovation through grants and investments – announced last week that it is looking to award up to £8 million ($10.5 million) in grants to firms working on health initiatives.
Beginning today, and running until October 11, the competition is open only to firms based in the U.K., while other stipulations apply based on the scope of entrants' projects.
The agency also launched a distributed ledger-focused competition in September of last year, which sought to grant as much as £15 million to related projects. That initiative cast a wide net in terms of the projects it encompassed, with Innovate UK stating that it wanted to "inspire the new products, processes and services of tomorrow."
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