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The Wellcome Trust Institutional Strategic Support Fund Scheme currently supports two funding calls at Cambridge:

Isaac Newton Trust / Wellcome Trust ISSF / University of Cambridge Joint Research Grants Scheme
The Isaac Newton Trust, the School of the Biological Sciences and the School of Clinical Medicine have created a joint research grants scheme aimed at recently appointed lecturers in the two biomedical Schools. The objective of the scheme is to provide small research grants to new lecturers to develop projects leading to a full application for external funding.

Junior Interdisciplinary Fellowships 
This scheme is aimed at suitably qualified post-doctoral candidates with backgrounds in the physical sciences (incl. engineering, mathematics and computer sciences) who wish to gain experience in the application of their research to solve problems in the basic biological and biomedical sciences.