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Investment

Health Tech Accelerator

Last updated 05 February 2020
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Project description

The Health Tech Accelerator will create a base and test facility for health tech companies who produce, make or offer digital health technology or services, medical technology, bioscience and life science.

Based at the University of Surrey campus in Guildford, the Health Tech Accelerator includes an Engineering Design Laboratory where health tech SMEs can test and work on technical design for prototypes and products supporting market creation as well as a Digital Ward Laboratory to accommodate patients/participants who will trial the digital health technologies.

Separately, the scheme promoter is also developing a Business Lounge for Start-Ups and SMEs, including hot desking, printing and Wi-Fi facilities.

Project output

  • 70 FTE employment opportunities in SMEs and Start-Ups
  • 20 apprenticeships
  • Levering wider investment from large health and digital technology businesses
  • Improve workforce capacity and capability within the health sector, aiding recruitment and retention
  • Aiding recovery and improving health outcomes

Key Outputs

Start date:

End date:

Amount financed: £1,687,647

Total cost: £3,782,870

Status: In progress

Project Lead: Sue Littlemore

Partner: Surrey and Borders Partnership NHS Foundation Trust

Themes: AI & DigitalInnovationExports

Geo-location:

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