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Health Innovation Programme Open for Applications
Now in fourth year, the West of England Health Innovation Programme is open to healthcare and life sciences companies looking for support from an immersive training course environment. The Health Innovation Programme, which has now been funded for a further two years, is delivered by SETsquared and the West of England Academic Health Science Network and is ideal for entrepreneurs who are developing health-based products or services and looking for practical guidance on customer analysis, building a business case, funding strategies and market analysis.
Following on from the success of the last three years, SETsquared alongside the West of England Academic Health Science Network (AHSN), will once again be providing a comprehensive business support programme to healthcare and life sciences ventures throughout their lifecycle.
WHO SHOULD APPLY
The programme is open to all - it is ideal for entrepreneurs with an idea for a health-based product or service and founders of early-stage ventures, as well as more experienced entrepreneurs launching a new product/ventures
WHAT IS THE HEALTH INNOVATION PROGRAMME
This is an immersive and interactive 4-day training course where you will develop your business idea, analyse your market and potential customers, develop a compelling pitch and look at funding strategies. It culminates with the opportunity to pitch to a panel of investors and healthcare experts, who will provide invaluable feedback for you to take your business forward. Participation in this event is free of charge and supported by the AHSN.
The programme includes sessions on how to write a great business plan, understanding the NHS as marketplace, getting to grips with company valuations, funding sources, and how to pitch for investment. It also includes sessions on how to understand and explain the value that your product will bring to healthcare customers, and the regulatory and information governance standards that have to be met to bring a product to the healthcare market and how to tap into the national schemes available to support the adoption of innovation.
This is a personal skills development course that aims to enable individuals to take well-formed innovative proposals to business realisation.
You will have the opportunity to learn core skills in entrepreneurship and develop skills in the areas of:
Customer analysis
Building a business case
Funding strategies
Market analysis
The course will provide:
an opportunity to make a compelling pitch to an experienced panel
a great way to network with like-minded innovators
a friendly environment to try-out your ideas
a chance to get continuing support from us to further develop your proposition
Places on the course for entrepreneurs are sponsored by the West of England Academic Health Science Network - however they are limited to 20 places available and application selection will be on a competitive basis.
Please find more info here: Candidate Selection Criteria
Successful completion of the course gives an opportunity to apply for additional coaching and mentoring to support taking your proposal forward.
This is a personal skills development course that aims to enable individuals to take well-formed innovative proposals to business realisation.
Testimonials
“This programme has really given our fledgling business the kick-start it needs to turn into a successful, scalable operation. The course leaders were knowledgeable, personable and incisive”
“A real opportunity to discuss the nuts and bolts of running a healthcare related business with other likeminded individuals”
“Being challenged to 'think differently' about how we innovate our health research and learning new concepts beyond our comfort zone was extremely valuable”
Case studies
Dr. Carey McClellan from getUbetter is a graduate from the Healthcare Innovation Programme and is taking forward his app for self-management of pain. Read more.
Jenny Dance has been successful in progressing her speech therapy app thanks to the Healthcare Innovation Programme. Read more.