Stimulating growth in the HealthTech and life sciences sector
Ten companies were successful in their applications for grant funding as a result of our support this year, resulting in £ 5.1m investment being brought into the region.
We work with innovators who require funding for product development or clinical evidence generation to help them identify grant funding opportunities which are suitable for the business’ s stage of growth and the innovation’ s stage of development.
This year we supported 55 grant applications to the National Institute for Health Research( NIHR), Innovate UK, SBRI( Small Business Research Initiative) and other regional and national funders. Of these, 10 were successful, leveraging a total of £ 5.1million in grant funding.
Support for innovators
Our support ranges from offering advice to innovators on the structure of grant applications to a review service providing detailed feedback on drafts. We also assist innovators with identifying clinical partners for grant applications and with identifying evaluators, health economists and other stakeholders who could strengthen their project team.
Highlights of successful applications this year include:
• Three companies on this year’ s Propel @ YH digital health accelerator were successful in their applications to receive £ 30,000 each from the Centre for Process Innovation’ s MedTech Accelerator fund.
25 Transforming Lives Through Innovation
Economic growth