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Innovation Warehouse
Health Foundation ‘scaling up’ fund - £500,000 available
The deadline for the next round of Health Foundation funding is 17 May.  Up to £500,000 is available for health and care interventions and approaches proven to deliver better care; ideally those that have been successfully tested on a small scale that are now ready to be widely implemented.  More information: visit the Health Foundation website.
 
Entrepreneurs invited to participate in the EIT Health Accelerator programmes
The EIT Health Accelerator creates an ecosystem where innovation can thrive. It gathers the best and brightest health industry entrepreneurs and provides them with the support, skills and services that they need to get their ideas off the ground and into the market. The Accelerator is open for all business ideas coming from EIT Health Campus projects, such as summer schools, EIT Health Innovation Projects and other Accelerator pre-seed scouting activities.  Further information is available here.
 
EIT Health’s European Health Catapult competition is launched
The new European Health Catapult Competition (formerly BP Aggregator) website has been launched. Start-ups or SMEs in the fields of medtech, biotech and digital health can now apply through the webpage.
The Catapult is open to European SMEs, spin-offs or a start-ups which:
  • are active in the field of medtech, biotech or digital health
  • have an innovative businesses concept
  • are searching for seed or series A funding
  • will be incorporated by the end of 2017.
The competition gives companies the chance to:
  • mature their business plan, negotiation, and pitching skills
  • collaborate and learn from experts?
  • gain access to a large network of experts and investors
  • attend a two-day training with 14 startups from all over Europe
  • win prize money - a total of €135,000 value awarded.
  • present their business idea at the EIT Health Summit in London.
The closing date for applications is 30 April 2017. Apply on the European Health Catapult website.
 
Apply now for support from our SME Innovation Fund
Applications are being sought from small and medium enterprises (SMEs) in the West Midlands' healthcare and life sciences sector for support from the SME Innovation Fund. The fund is the result of a collaboration between Mercia Fund Management, a leading investment business in UK innovation and a wholly-owned subsidiary of Mercia Technologies PLC, and the WMAHSN.
 
The SME Innovation Fund aims to grow spin-outs to improve healthcare services across the NHS, particularly those in line with the WMAHSN’s core strategic priorities; advanced diagnostics, genomics and precision medicine; mental health: recovery, crisis and prevention; long term conditions; and wellness and the prevention of illness.
 
The fund will help to provide repayable grants of up to £50,000 to at least ten new innovations each year. In so doing, the fund will support innovations that have the potential to deliver a high impact for society, grow the reputation of healthcare delivery within the West Midlands, both in the UK and abroad, and support the spread and adoption of patient-focused innovation across the region.  Read more here.
 
An exclusive offer to West Midlands NHS providers to build organisation capability in innovation adoption
Through the AHSN Network, there is an exclusive offer to NHS providers in the West Midlands that want to build organisation capability in innovation adoption.  Imperial College Health Partners (ICHP) is working in partnership with thought leaders WhatIf! Innovation to deliver the Intrapreneur Programme– a programme aimed at supporting both executive and frontline staff in NHS provider trusts to adopt and scale innovation in their everyday roles. The purpose of the four-month programme is to enable providers to build capability and capacity to address their challenges through the adoption of innovation with a strong focus on scouting for existing best practices and adapting solutions to their environment.
 
The Intrapreneur Programme is an active learning programme of five intensive action-oriented workshops to push participant thinking, interspersed with project work in their trust, supported by on-site coaching. Previous participants have been really positive about the benefits it provided to them and their organisations. The key elements of the programme are:
  • Problem exploration and definition
  • Insight gathering and distilling opportunities
  • Scouting for best practices and solutions
  • Adapting solutions to fit
  • Rapid testing cycles to build and iterate.
The programme is currently recruiting for cohort three which kicks off in early May. More information, including impact, can be found here.
 
The course is already offered at a reduced cost of £2,800 +VAT per participant, but ICHP is offering a further 20% discount to those applying via their local AHSN. If you are at an NHS provider who is ready to learn from industry pioneers and have the motivation to succeed in a tough environment, please contact Shirlene Oh, Director, Commerce, Innovation & Capability Development at ICHP, on Shirlene.oh@imperialcollegehealthpartners.com or call 020 7960 6241 or 07961 089673, mentioning that you are a member of West Midlands AHSN.
 
SBRI funding competition: clinical decision support in emergency care
Organisations can apply for a share of £55,000 for innovative data analytics projects that support decision making and care.  Read more here.
 
Investment Accelerator Programme
A new Innovate UK pilot programme that the Investor Partnerships team at Innovate UK are working on which will provide simultaneous grant funding and venture capital investment for early stage projects led by UK companies. Up to £3m of grant funding and £1.25m of private equity investment is available for projects related to health and life sciences. This includes health, agriculture and biosciences.
 
Read further information here, and you can register to attend a briefing session via the link here.
 
Business Growth Programme Round 11
Round 11 of the £33 million Business Growth Programme is now open for applications.  The package of support is designed to strengthen supply chains, stimulate innovation and grow existing SMEs across the Greater Birmingham and Solihull, Stoke and Staffordshire and The Marches LEP areas.
26 April, 2017 - 08:08


The Surgical Technology Evaluation Portal (STEP) provides companies and innovators with a single point of access to expert clinicians and research active surgeons in the NHS, for the purpose of undertaking research on new surgical medical devices and technologies.

The STEP was developed by the NIHR Office for Clinical Research Infrastructure, in conjunction with the Department of Health, and the Royal College of Surgeons in order to provide companies with:
  • early engagement with specialist research, clinical and technical experts and teams in the NHS
  • efficient development of the device or technology
  • safe and high quality research
  • access to clinical trials specialists, including the NIHR Clinical Research Network
  • support with generation of evidence
  • rapid feedback to the innovator or company
Who is this for?
Any companies or innovators who are looking to develop innovative surgical medical devices and technologies can access this service. However, it is not able to support research into existing technologies or devices.

Find out more information by visiting the website here or by downloading the STEP flyer.
18 April, 2017 - 16:46

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