UCLan Secures Funding For Collaborative Project To Support Small Businesses

A collaborative project involving the University of Central Lancashire (UCLan) and the Innovation Agency will see small and medium sized enterprises (SMEs) in Lancashire receive guidance on funding and investment opportunities.

The three-year collaborative programme, part-funded by the European Regional Development Fund (ERDF) and launched at UCLan on 22 January, will also help businesses navigate the health ecosystem and will provide real-world validation of products and services, showing evidence of impact and benefits.

Professor StJohn Crean, Pro-Vice Chancellor (Clinical, Health and Research) at UCLan, said, “The project will support the establishment of a med-tech cluster to rival Manchester and Liverpool.

“Providing the key interface in Lancashire between industry, science and medicine for the design, realisation, adoption and spread of innovative medical technologies into the NHS within Lancashire.”

The Lancashire Health Matters project will support innovative Lancashire businesses capable of moving into, or growing within, the health and care sectors with new or existing services or products.

Dr Liz Mear, Chief Executive at the Innovation Agency, said, “The Lancashire Health Matters project will support innovative Lancashire businesses capable of moving into, or growing within, the health and care sectors with new or existing services or products.

“Lancashire Health Matters will provide mechanisms to validate the benefits of an innovation in a practical (real-world) setting, a key activity to support health system uptake.

“The programme will also support the region’s ambitions to address the Industrial Strategy’s Grand Challenges and wider activities.”

You must be logged in to post a comment Login