What is PACE, is it just about grant funding?

PACE is a collaboration between three leaders in the UK’s health innovation and research community. The £30m initiative will harness the expertise of the partner organisations to not only grant fund projects but also to offer advice and mentorship and to provide access to a collaborative network of potential project partners to enable the best chance of project success – de-risked and investment-ready assets for potential downstream funding (by, e.g. CARB-X, corporate and venture investment and other later stage funding and support mechanisms).