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Deadline looms for Interactive Healthcare Fund bids

The Yorkshire & Humber Academic Health Science Network (AHSN) has partnered with Creative England to encourage innovation in how web, mobile phone or tablet applications address the region’s healthcare priorities.

The Yorkshire and Humber programme is part of the Interactive Healthcare Fund, set up by Creative England, using its Regional Growth Fund money to help SMEs outside London to develop digital health and well-being products and create jobs.

The Interactive Healthcare Fund is delivered by Creative England in partnership with Yorkshire & Humber, Greater Manchester, West Midlands, South West and West of England AHSNs.

Priorities for the Yorkshire and Humber are digital innovations that help healthcare providers and/or patients to:

  • Maintain their independence while living with long term medical conditions
  • Take the right doses of prescribed medicines at the right times
  • Tackle obesity, deal with alcohol abuse or quit smoking
  • Improve the safety of the elderly or infirm e.g. by preventing falls
  • Improve their mental health and well-being

One company to already receive investment from the Interactive Healthcare Fund, in response to these Yorkshire & Humber priorities, is Hip Impact Protection Ltd. This investment will help validate the benefits of their innovative Fall Safe® device and support the creation of new skilled jobs in the company. It is anticipated that the product will be launched in November 2017.

Fall Safe® is a wearable fall detector and hip protector designed to notify carers and support staff if the wearer falls. The padded hip protector also helps prevent hip injuries such as fractures by cushioning any fall. The device and the data collected by Fall Safe® is invaluable to supporting independent living and to monitoring patterns that can help the health sector manage an increasing trend in injuries from falls.

Companies are still able to benefit from the funding and national connections on offer via the Interactive Healthcare Fund by applying for investment before the deadline of 11th November 2016.

The Interactive Healthcare Fund makes investments of £50,000 to £200,000 per application to SMEs at an advanced stage of developing and commercialising digital products for the healthcare sector. Each investment must be matched 50/50 by funding from the applicant company.

Mehjabeen Patrick – CFO Creative England said “Creative England is proud to support passionate entrepreneurs like William to drive innovative solutions to the challenges faced by the health sector.”