The MedTech Accelerator has been set up to facilitate the early stage development of innovations in the broad area of medical technology.
The MedTech Accelerator has been set up to facilitate the early stage development of innovations in the broad area of medical technology (devices, diagnostics, software and eHealth) that meet unmet clinical needs within the NHS.
Led by Health Enterprise East as a joint venture with New Anglia Local Enterprise Partnership, Cambridgeshire & Peterborough Combined Authority, Essex County Council and the Eastern AHSN, the Medtech Accelerator supports and finances projects at an early stage in order to maximise the potential for success in bringing new life enhancing technologies to patients. A total of £2 million is available with individual awards to be made of between £15,000 and £125,000 to innovation projects that demonstrate the potential to create future spin-out companies primarily out of NHS organisations.
Awards are aimed at supporting proof of concept work which might include IP protection, market analysis, prototype development and testing, clinical evaluation, regulatory support and pilot product production.
“A kick starter for NHS Innovations”
“Early stage support for MedTech ventures”
“Delivering innovative technology to patients”
At Health Enterprise East (HEE) we believe in improving healthcare through technology and innovation.
We work with the NHS, medical technology industry and government organisations to help turn innovative ideas into products and services that will benefit patients.
Our experienced team offers clients a diverse range of business and innovation management services. Our strengths include IP management, technology commercialisation, health economics and strategic market access advice.
Based in Cambridge, we work with over 20 NHS organisations nationally and medtech companies globally. Our aim is to help our clients address the challenges faced along the product development pathway, connecting them with relevant healthcare experts and funding opportunities.
The Combined Authority is made up of representatives from eight organisations. These are Cambridge City Council, Cambridgeshire County Council, East Cambridgeshire District Council, Fenland District Council, Huntingdonshire District Council, Peterborough City Council, South Cambridgeshire District Council and the Business Board (replacing the former Greater Cambridgeshire Greater Peterborough Local Enterprise Forum). In November 2016, all eight organisations agreed to pursue the devolution deal made with Central Government. Following the signing of the Order by Communities Secretary, Sajid Javid, the first official meeting of the Cambridgeshire and Peterborough Combined Authority took place on March 20, 2017. On May 5, 2017 James Palmer was elected to be Mayor of the Combined Authority
The Business Board will own the Cambridgeshire and Peterborough Local Industrial Strategy. It is focused on enabling significant economic growth across the local area by providing visionary industry and academic leadership to the Combined Authority, Government and other partners. The first official meeting of the newly formed Business Board took place on September 24, 2018. For further information visit:
Eastern AHSN is part of a national network of AHSNs established by the NHS to convene all partners in the health sector, develop and deliver innovative care. Our purpose is to turn great ideas into positive health impact.
We believe that health is improved by great ideas, but great ideas only make an impact when they are put into practice. Our health is too important to leave change to chance.
Citizens, academia, health services and industry will achieve more working together than they will in isolation. Our job is to make this happen and we do this by helping innovators navigate complex systems, generate value propositions and convene stakeholders to overcome challenges together.
The Eastern region is home to some of the greatest science and the most brilliant health and care practitioners in the world. We want our region to benefit from both, creating better health outcomes and more prosperity.
We are ambitious for patients and committed to applying evidence to make change happen. For further information visit: www.eahsn.org
Essex is an innovative county with strong commercial and industrial sectors, life sciences and creative industries. As one of the largest economies in the country, Essex County Council is committed to working with our businesses, universities, colleges and other local authorities to help grow the economy. Essex is working with partners such as the Essex Skills Board, South East Local Enterprise Partnership, Essex Chambers of Commerce and BEST Growth Hub to help Essex to become on the strongest and fastest economies in the UK. Essex County Council has invested in medtech and has the potential to become a global leader in the fields of Life Sciences and MedTech.
There are 39 Local Enterprise Partnerships (LEPs) across England. They are local business led partnerships between local authorities and businesses and play a central role in determining local economic priorities and undertaking activities to drive economic growth and the creation of local jobs.
New Anglia LEP covers Norfolk and Suffolk, and is responsible for growing the economy of the two counties by addressing barriers to growth including addressing issues surrounding finance, skills and infrastructure.
In response to the perceived lack of risk-capital available to growing and start-up businesses, New Anglia LEP has established
New Anglia Capital Ltd as a subsidiary for the purposes of building an angel investor network in Norfolk & Suffolk, with a view to providing equity finance to early-stage and growth-potential companies in the two counties on a co-investment basis with angel investors.
Nicole Wood is Director of Finance and Procurement at Essex County Council
Alice is an Innovation Manager at Health Enterprise East.
Bill is an internationally- experienced medical devices executive who has held a number of general management and leadership positions with global medical device companies
Anne is the Chief Executive of Health Enterprise East (HEE)
Bill Jones is one of the UK’s most senior Intellectual Property specialists with over 40 years’ qualified experience in the patent and trade mark professions.