HIYH Impact Report 2024 | Page 6

How we support innovators in our region

Supporting innovators and driving economic growth

Over the following pages we ’ ll give you an insight into some of the work we ’ ve done to transform lives through innovation in the Yorkshire and Humber region over the last year . As well as helping the NHS to find , adopt and spread innovations that benefit patients and save the health system money , our work supports both our regional and national economies by attracting inward investment and creating or safeguarding jobs .
The collective efforts of the 15 health innovation networks in England are making a significant contribution to UK PLC . In 2023-24 the combined economic growth impacts of the Health Innovation Network were :

755 jobs safeguarded

£ 475m funding

leveraged by supported compaines

554 jobs created

Every year we ask companies we have worked with to help us assess the impact of our support . These contribute to the overall national impact statistics .
How we support innovators in our region
In the last 12 months we spent over 4,100 hours providing support services to 387 companies in our region . Our support focuses on providing advice and expertise , from discovery to deployment at scale . You can see some of the positive feedback we received from innovators this year and find out more about how we support economic growth in our region throughout this report , including :
• national programmes of adoption and spread such as the MedTech Funding Mandate ( page 14 )
• structured support that we are commissioned to provide such as real-world evidence projects ( page 18 ) and horizon scanning for new solutions ( page 51 )
• home-grown initiatives that we have developed for our region such as our Propel @ YH digital health accelerator ( page 42 ), international Boot Camps ( page 47 ) and our Digital North accelerator , which we deliver in partnership with the other three health innovation networks in the North ( page 10 )
• providing input and support for a broad range of funding bids to local and national bodies ( page 41 )
6 Transforming Lives Through Innovation