A TEAM set up to help firms benefit from lucrative healthcare opportunities has been given a welcome tonic – thousands of pounds in cash!
The NHS Innovations North team has taken on seven new staff to boost its numbers to 15, after receiving £520,000-worth of European Regional Development Fund support, to help small and medium-sized companies develop innovative new products for the NHS.
The team, based at RTC North in Sunderland, will be able to offer more specialist advice, covering the healthcare market, intellectual property (IP) protection and the commercialisation process, as well as the extensive NHS reforms.
“The NHS is tackling the huge challenge of rising costs with an innovation agenda,” said Martin Porton, operations director at RTC North with responsibility for the NHS Innovations North team.
“A lot of what we do is about making introductions for North-East companies, supporting them, assessing their idea, advising on IP.
“There is a lot of change and opportunity that comes with innovation and we want to ensure that local companies get a slice of that, with all the economic benefits that can bring.”
The team is the first point of contact for businesses working on new ideas, devices and technology to improve healthcare for patients, and is working with the Academic Health Science Network North East and Cumbria to stimulate new ideas and innovation among staff within the NHS.
Two days of free specialist support is available from NHS Innovations North.