DigitalHealth.London Accelerator to host local satellite event for London-based digital health enterprises before second cohort applications close
We are delighted to invite London-based digital health companies to apply for a place on the second cohort 2017-18. We will host the Accelerator Information morning on 10 April at the Imperial Incubator, Imperial College White City Campus, 80 Wood Lane, London, W12 0BZ.
At the Accelerator Information morning we will explain how the application process works and would welcome applications from a diverse group of entrepreneurs in London. We will review applications based on business credibility, ability to tackle a real health and care problem in London and how each company may benefit from the Accelerator programme. This event offers a unique opportunity to find out more the programme, how the application process works, and what the benefits are of taking part in the Accelerator programme.
The pioneering Accelerator programme, the first major programme of DigitalHealth.London, provides in-depth knowledge of and access to the NHS for a cohort of 20-30 high potential, small and medium sized enterprises (SMEs) each year over three consecutive years. The programme is part-funded by the European Regional Development Fund (ERDF) as part of the European Structural and Investment Funds Growth Programme 2014-2020.
Deputy Mayor for Business, Rajesh Agrawal, said: “London has a reputation for producing world-class scientific research and development, but even the most entrepreneurial medtech businesses need support in accessing the NHS – and this is where Accelerator comes in. “Following a successful first cohort of projects, we are now searching the capital for the next cutting-edge innovations to take part in this programme. I’m delighted that DigitalHealth.London and MedCity are leading the way in modernising healthcare, saving the NHS money, and empowering patients to manage their own health.”
The first cohort of 31 companies on the programme has benefitted from the daily support from their respective NHS Navigator and attended (by “invitation-only”) highly informative bespoke events set up by the Navigators. These included “Meet the expert” workshops, London forums, conferences and speed dating opportunities at partner organisations in London.
Anna King, Commercial Director of the Health Innovation Network, said: “We are really pleased with the high quality of the digital health companies who have been involved with the DigitalHealth.London Accelerator. This has led to a fantastic welcome from NHS organisations in London, which are keen to get involved with the companies. We are excited about the prospect of finding more companies for the NHS, as the NHS looks increasingly to digital to help transform their operations.”
Speaking at an Accelerator Information Day held on 1 March, Dr Ian Abbs, Chief Medical Officer at the Guy’s and St Thomas NHS Foundation Trust, said, “We need to work together with innovators to continue to improve quality of health and care whilst maintaining financial sustainability. There is a massive opportunity for clinicians to engage and work with digital technology to address real challenges facing the health service. For innovators, this offers a chance to radically shape the future of the healthcare system.”
James Somauroo, Interim Accelerator Programme Director, said: “We have seen some great successes in cohort one, with new NHS pilots and contracts going to many of our SMEs. That is why, for cohort two, we would like to select a similarly diverse range of solutions and we are inviting applications from any digital health SMEs that believe they can solve a real NHS problem. The successful SMEs will be the ones that also prove that they are credible businesses with a plan for how the Accelerator can benefit them – and with newer technologies like virtual reality now being applied to healthcare, some of these solutions look really exciting.”
Corrina Kane, Head of Strategic Marketing at Lumeon, said: “We have found a lot of value in the “Meet the Expert” sessions where we have had face-to-face introductions and conversations with the appropriate NHS stakeholders. This has enabled us to really get to grips with our customer issues and better pitch how we can help solve these issues. Another area of value has been support getting our foot in the door and having discussions directly with the right decision makers. We have now had introductions to several leading NHS trusts and on-going sales engagements as a direct result of this.”
Felix Jackson, Founder of medCrowd, said: “The DigitalHealth.London Accelerator has been instrumental in helping us to launch medCrowd, a new compliant messenger for health and care teams. All the excellent NHS Navigators and the wider Accelerator team are giving us the support we need by bringing their extensive experience and excellent connections. By working together with us, they have contributed a huge amount to the success of medCrowd both in London and across the UK.”
Breht McConville, Partner of Physitrack, said: “The Physitrack team are very proud to have been part of the first DigitalHealth.London Accelerator cohort. The support we have received and the opportunities presented to us through participating in the Accelerator programme have been major contributors to the success we have achieved in the past year in the UK and European markets”. “In addition, to practical business advice, introductions to key stakeholders, and opening doors to the decision makers within the NHS, the Accelerator allowed Physitrack to develop very good working relationships within the programme itself, which shall in the future, contribute to a broader and more effective digital health tool kit for the UK healthcare system to utilise.”
Tony Bowden, CEO of Helicon Health, said: “In relation to Helicon Health participating in the DigitalHealth.London Accelerator – if I was asked whether I would do it again and would recommend to others – my answer would have to be in two parts. Yes – absolutely we would – no doubt about that! As for others to apply and join the next cohort – I can firmly recommend – but only on the basis that – you are really very confident in your innovation and it is ready for the NHS market. Furthermore – you must be prepared to invest plenty of time and effort into making things work. It’s definitely a two way street!”
The Accelerator will hold a series of additional webinars on 13 and 18 April to demonstrate how the programme will support start-ups and SMEs and how they can apply. Please register your interest or email email@example.com
Applications are open for digital health start-ups and SMEs to apply before 23:59pm on Thursday 20 April 2017. All interested candidates should apply here
Successful applicants will be invited to a panel interview between 12 June and 23 June 2017. Following further review, places on the year-long programme will be awarded and company names announced in September 2017.