Access to the life science market can be a headache for multinational pharma and medical device companies, let alone small-medium sized enterprises (SMEs). SMEs can face significant challenges to introduce new and innovative products into the health and social care market.
The Innovation Nexus provides a single point of access for SMEs in the life science sector to a network of specialist support within Greater Manchester.
The Innovation Nexus is a gateway to a holistic business growth support offering, focused on the specialist needs of life science SMEs, delivered through a coherent support strategy and an all-inclusive approach to helping businesses develop their growth strategies.
The aim of the Innovation Nexus is to deliver long-term health and wealth benefits to Greater Manchester through investment, innovation, education and business growth, ultimately improving the health and wellbeing of the Greater Manchester population (and beyond).
INDUSTRY PARTNERSHIP WILL BE A KEY COMPONENT OF HOW HEALTH SYSTEMS WILL IMPROVE HEALTH OUTCOMES FOR THE POPULATIONS THEY SERVE
The challenge for healthcare businesses
Companies, especially SMEs, can face significant challenges to introduce their new and innovative products into the NHS. The complexity of public procurement, patient safety and a risk averse culture across multiple organisations can be daunting. The Innovation Nexus aims to provide a single source of resource that can help companies, particularly SMEs, understand the steps that need to be taken to support their business planning and engage with the NHS more easily, thus progressing the adoption of their innovation at pace and with fewer unanticipated obstacles.
How can the Innovation Nexus help?
Help with navigating NHS procurement
Information about funding and investment
Help with setting up a trial of your innovation
Information on science parks and office locations in the GM AHSN footprint
Connections to organisations that can help you progress your innovation
Speak directly to a GM AHSN advisor with NHS expertise
Our support for SMEs and focus on increasing NHS procurement spend on SMEs is featured in the HSJ
One of the core objectives of AHSNs is the creation of wealth through the spread of new products and services, which at Greater Manchester AHSN, we are addressing in part with a programme of support for local SMEs.
The AHSN has set itself ambitious targets, for job creation and investment as well as procurement spending; by 2018 when its five year licence ends, it intends to be able to demonstrate there has been a 10 per cent increase in NHS procurement spend with local SMEs. To do this, it requires a baseline of current procurement spending with local SMEs, against which future measurements can be compared.
So GM AHSN commissioned North West Procurement Development to conduct a review of NHS provider procurement in its footprint (Greater Manchester, east Lancashire and east Cheshire).
In establishing this baseline, it has provided its NHS members with invaluable insight on their procurement data and performance when it comes to spend with SMEs. Read the article here
Information and guidance
Access information and guidance on a range of topics related to working with and selling to the NHS, and find clear signposts to organisations that can help you achieve your goals.