“The programme has been specially designed to support MedTech, Diagnostic and Digital Health, including service delivery, ventures to successfully engage investors needed to support their future growth, commercialise scientific discovery and solve global health and environmental challenges. If the last twelve months have taught us anything it is that solutions to many of our current problems are within the hands of the scientific community. Our ultimate aim is to help them make sure those solutions make it out of the lab and into the world”.
Richard Hebdon, Innovate UK’s Interim Deputy Director – Health & Life Sciences said: “The UK life sciences sector is world class and is underpinned by thriving small and medium enterprises. Innovate UK is playing a key role in nurturing this lively ecosystem with initiatives such as this investment readiness programme. By connecting entrepreneurs with ideas and investment we can all drive growth in this vital sector.”
Director of NIHR’s Invention for Innovation (i4i) programme Martin Hunt said: “The life sciences sector is one of the UK’s greatest assets. The Investment Readiness Programme provides an important gathering of innovators, investors and other stakeholders – working collaboratively across funders towards de-risking disruptive technologies, to accelerate innovation into the NHS and the wider market for increased patient benefit.”
Manjul Rathee, CEO of BfB Labs, an SBRI Healthcare awarded company, attended a previous iteration of the Investment Readiness Programme held last year and said: “The health investment showcase is a great platform for us to run the final test for our product as it asks experienced investors the big question of how investable the product or company is at this point in time.
“It has helped us refine our value proposition, do a sense check on finances, understand the value we are able to offer to buyers and quantifying it – and being able to tell a good story about our product.”
Applications for the Investment Readiness programme are now open and will close on Monday 22nd February 2021. Full programme content, eligibility and application criteria can be found at biocity.co.uk/event/investment-readiness-programme/
Media Contact Information:
Ayokunmi Ajetunmobi, PhD
Venture Development Manager, BioCity