TheHill has successfully secured support from the Barclays Ecosystem Partnership Programme, funded by the Department for Science, Innovation and Technology.
The support will provide early-stage digital health businesses with the tools they need to overcome the barriers of beginning their startup journey.
TheHill will work closely with the needs of staff at Oxford University Hospitals NHS Foundation Trust (OUH).
Megan Morys-Carter, Director of TheHill said: “We are delighted to be able to work with Barclays and The Oxford Trust (our project partner) to further grow the important digital health ecosystem in the UK.
“This project will follow our needs-led approach, starting with engaging frontline staff in articulating needs and contributing to solutions, ultimately leading to stronger digital health companies with a good problem-solution fit.”
The NHS Long Term Plan cites the need for sustainable health and social care in the UK.
This is fuelling the recent UK health tech upsurge, the adoption of a range of digital tools in the health sector and the need to set up proper digital foundations.
The Barclays Ecosystem Partnership Programme will enable TheHill to deliver a start-up labs programme which is designed to support entrepreneurs, healthcare workers and researchers to improve efficiency in the NHS.
These funds will also allow the organisation to identify unmet needs within OUH, allowing new digital technologies to be put towards the highest impact use cases.
Nurses, Midwives and Allied Health Professionals (NMAHPs) will have the chance to work alongside companies to gain an understanding of entrepreneurship and get their own innovative ideas off the ground.
The programme is expected to contribute to the development of the digital health economy by generating new digital health companies, creating more employment opportunities, and raising investment in the digital health sector.
Matt Corbidge, Director, Barclays Eagle Labs said: “We are proud to be able to facilitate funding for this programme which looks to accelerate the development of new technologies in the health sector and ultimately support the future of the NHS.
“The funds will support key areas in relation to the needs of staff at the Oxford University Hospitals NHS Foundation Trust as well as provide guidance to early-stage digital health businesses offering nurses and midwives the opportunity to develop and grow their ideas for improving the health service.”
Minister for Tech and the Digital Economy, Saqib Bhatti added: “Through the Digital Growth Grant, TheHill will bolster their support for early-stage digital health start-ups, fostering innovations that align closely with the operational and care needs of our NHS.
“This is a step towards transforming patient care by integrating pioneering digital technologies developed in collaboration with healthcare workers.”
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