Support for health tech start-ups: new programme from London Southbank University
Co-funded by the European Regional Development Fund, Simulation for Digital Health (SimDH) is a free programme supporting health tech start-ups and SMEs to innovate, develop and deliver new products and services.
The programme is delivered via a 5–month cohort structure and aims to support SMEs in achieving their key milestones, which may include the generation of evidence for their product, to evaluate potential revenue streams, defining market-launch strategy, or raising funds.
To access the SimDH programme, you must:
- Have received less than €200,000 State Aid within the last 3 years
- Be a start-up or SME with less than 250 employees
- Be a digital health business – a business which relies on technology as an advantage in its products or processes and is operating in or looking to trade in the health & wellbeing sector
- Be a business registered in Greater London, or registered elsewhere in the UK with an operational address within Greater London (co-working spaces and virtual offices are fine). Sole traders may also apply
Start date and applications
The 2020-21 cohort start date is scheduled for 2 November. The application process is made up of one essential form, and another optional questionnaire. You can also complete a short expression of interest form to check your eligibility.
Application deadline: 11 October
MedCity is delivering a workshop on Tuesday 19 November to SMEs registered to SimDH, covering the NICE Evidence Standards Framework for Digital Health Technologies, case studies for evidence generation, and commercial models. Additionally, there will be opportunities to have a 1:1 session with Hak Salih (Digital Health Lead) or Neelam Patel (Interim CEO).
MedCity’s Digital Health Lead, Hak Salih, commented:
“MedCity is delighted to support this dynamic programme by delivering webinars in our areas of expertise (Evidence Generation, Access to Finance, Building Commercial Models and Understanding the Healthcare Eco-System) and offering companies monthly 1 to 1 mentoring sessions whilst on the cohort.”