City region Health Innovation Exchange project supports more than 70 businesses

Funded through the European Regional Development Fund, the project enables firms to access a range of support and guidance from healthcare professionals, universities and businesses

Digital, technology
The Health Innovation Exchange project has supported more than 70 projects

 

More than 70 SMEs have secured help to take their products and services from concept to market from Liverpool city region’s Health Innovation Exchange project.

Funded through the European Regional Development Fund, the project enables firms to access a range of support and guidance from healthcare professionals, universities and businesses.

As well as a number of new products and services being brought to market as a result of the support, 22 jobs have been created since the service was launched in 2016.

Dave Horsfield, digital, innovation & research lead for Liverpool Clinical Commissioning Group, said: “The Health Innovation Exchange has built upon the city region’s strong expertise in health and life science by harnessing the collective expertise of the NHS and universities to help businesses develop solutions for the health and social care sector.

“What has been encouraging is the range of businesses we have supported so far – from digital companies, social enterprises, manufacturers, to companies focusing on mental health and wellbeing, amongst others – all developing innovations that will ultimately enable the health and social care sector to deliver more effectively and efficiently.”

Health is one of the biggest and fastest-growing growing sectors in the world, valued at around £6 trillion globally, and the overall aim of the programme is to catalyse businesses in the Liverpool city region to become market leaders in health, well-being and care sectors by encouraging the development of innovative products, services and solutions.

The programme is now calling for more businesses who want to access the health sector to get in touch to find out how they can benefit from the Health Innovation Exchange project before it ends later this year.

To be eligible, businesses must be looking to develop innovative products or services within the health and care sectors and be based within the areas that make up the Liverpool City Region: Liverpool, Sefton, St Helens, Halton, Knowsley and Wirral.

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