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
Wellcome Trust Innovator Funds
The Wellcome Trust is offering up to £500,000 to researchers who are developing healthcare innovations that could make a major impact on human health.
Innovator Awards fund product development for healthcare – examples include therapeutics, vaccines, diagnostics, medical devices, digital technology and regenerative medicine. We support projects ranging from the earliest stages of translational research up to clinical development.
The project you propose must enable your innovation to move on to the next stage of development.
The Wellcome Trust is particularly looking for proposals to solve problems in mental health, neurological disorders or neglected tropical diseases. They may consider proposals outside these areas, but you will need to contact them first.
Proposals will be accepted from individuals and teams anywhere in the world, working in any discipline (not just the life and medical sciences), from academic, not-for-profit and commercial organisations.
Partnerships between different kinds of organisations and across disciplines are especially encouraged.
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.