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Practical support for innovators in healthcare – training day 4
08 November 2018
Building on the success of the Health Innovation Programme delivered by SETsquared over the last three years, the South West Academic Health Science Network are working with SETsquared to provide a comprehensive business support programme to healthcare and life sciences ventures this year.
Who should apply?
The programme is open to all – it is ideal for entrepreneurs with an idea for a health-based product or service and founders of early-stage ventures, as well as more experienced entrepreneurs launching a new product/ventures.
However, priority will be given to applicants located in our geographical operating boundary, which includes Cornwall and the Isles of Scilly, Devon and Somerset. Applications from neighbouring areas may also be considered.
What is the Health Innovation Programme?
This is an immersive and interactive four-day training course where you will develop your business idea, analyse your market and potential customers, develop a compelling pitch and look at funding strategies. It culminates with the opportunity to pitch to a panel of investors and healthcare experts, who will provide invaluable feedback for you to take your business forward.
The training days will take place on 30 October, 31 October, 7 November and 8 November at Exeter Racecourse. You must attend all four days to complete the training course. Participation in this event is free of charge.
The programme includes sessions on how to write a great business plan, understanding the NHS as a marketplace, getting to grips with company valuations, funding sources, and how to pitch for investment. It also includes sessions on how to understand and explain the value that your product will bring to healthcare customers, and the regulatory and information governance standards that have to be met to bring a product to the healthcare market and how to tap into the national schemes available to support the adoption of innovation.
This is a personal skills development course that aims to enable individuals to take well-formed innovative proposals to business realisation.
You will have the opportunity to learn core skills in entrepreneurship and develop skills in the areas of:
- Customer analysis
- Building a business care
- Funding strategies
- Market analysis
The course will provide:
- an opportunity to make a compelling pitch to an experienced panel
- a great way to network with like-minded innovators
- a friendly environment to try-out your ideas
- a chance to get continuing support from us to further develop your proposition
You can apply for the programme online now. Deadline is 24 September 2018.
We are sponsoring places on the course for entrepreneurs, however there are only 15 places available and application selection will be on a competitive basis. Please find more info here: Candidate Selection Criteria.
Successful completion of the four-day course gives an opportunity to apply for additional coaching and mentoring to support taking your proposal forward.
Got a question? See if it’s listed in our FAQs. If not, please get in touch with David Wright at the SW AHSN on 01392 247903 / David.Wright@swahsn.com or Serena Giaminardi at SETsquared on 07460 271419 / firstname.lastname@example.org.
Watch the video to find out what previous programme particpants thought:
“This programme has really given our fledgling business the kick-start it needs to turn into a successful, scalable operation. The course leaders were knowledgeable, personable and incisive”
“A real opportunity to discuss the nuts and bolts of running a healthcare related business with other likeminded individuals”
“Being challenged to ‘think differently’ about how we innovate our health research and learning new concepts beyond our comfort zone was extremely valuable”
Case studies from previous Health Innovation Programmes
Dr. Carey McClellan from getUbetter is a graduate from the Healthcare Innovation Programme and is taking forward his app for self-management of pain. Read more.
Jenny Dance has been successful in progressing her speech therapy app thanks to the Healthcare Innovation Programme. Read more.
Laurence Pearce has developed a new digital technology called Lifelight, in this blog he talks about his experience of taking part in the Health Innovation Programme. Read more.