The European Partnership for Personalized Medicine (EP PerMed) partnership launched in January. More than 50 partners and financing organizations from different EU countries are involved in the partnership. In Finland, Business Finland and the Academy of Finland participate in the funding.
The first application of the ten-year program period, Joint Transnational Call (JTC2024) “Identification or Validation of Targets for Personalised Medicine Approaches (PMTargets)”, has opened in January. The preliminary budget for the application is approximately €45 million, of which Business Finland's grant budget is at most €3 million.
The goal of EP PerMed is to finance research that promotes the identification or validation of targets for individualized medical approaches. In the first application for a partnership, applicants must combine the research of new and advanced targets with biomarker research (companion diagnostics). Consortia are required to be international, interdisciplinary and cross-sector. The application for intent must clearly state the personalized medicine perspective of the planned research.
The EP PerMed JTC2024 is co-funded by the EU and the overall objectives of the JTC2024 are to:
Companies and research organizations can participate in this call as part of an international consortium. According to the call guidelines, Business Finland can finance a maximum of two Finnish organizations from one consortium. We encourage especially companies to participate in consortia. The results of the public research project must have broad applicability in business. Depending on the Finnish organizations applying in the consortium, Business Finland uses Co-Innovation or Co-Research funding services.
Please be in contact with a Business Finland contact person before sending the applications! In addition to following the JTC2024 guidelines, the applicants and projects need to follow the Business Finland funding terms and guidelines which can be found in the Business Finland website.
The call is two-phased:
Electronic proposals are submitted using the EP PerMed submission portal
Finnish participants submit a separate application for Business Finland in the second phase of the call. Eligible applicants will be notified. More information about the call and Business Finland requirements:
Submission portal
Funding terms