MedCity and Design Council have launched a new competition to win a ten-week accelerator coaching course for medtech entrepreneurs to develop effective, usable and commercially successful health technologies that can support older people or those with debilitating medical conditions to lead more independent lives.
The MedTechSouthEast programme, supported by AXA PPP healthcare, gives south-east based individuals and teams with a technology at proof of concept stage a chance to compete for one of ten places on the intensive coaching course, which will be led by design experts and medical technology industry leaders.
The ten finalists will also be automatically entered into the AXA PPP Health Tech & You Awards 2016, an initiative that aims to recognise, celebrate and showcase the best in personal health technology innovations.
Dr Eliot Forster, MedCity’s Executive Chair, said:
“The development of new, affordable technologies is opening up significant opportunities for how we manage and monitor our health. Good design is fundamental in creating a product that people want to use, and is especially important when it comes to independent living. It demands that companies look at challenges from a user’s point of view and come up with imaginative, practical and above all user-friendly solutions.
“We’re delighted to be working with Design Council to give medtech entrepreneurs this unique chance to unlock the full commercial and medical potential of their ideas.”
The competition is now open to entries from entrepreneurs with a technology addressing any aspect of independent living. This could include remote monitoring or alarm systems, memory aids for people with conditions such as dementia, or assistive technologies to help with everyday tasks such as switching lights on and off, preparing meals or answering the door.
The only qualifying rules are that the product must be non-invasive and user-centred, and the individual or team must be based in the greater south-east region.
John Mathers, Design Council’s Chief Executive, explained:
“An ageing population and over-burdened public services, coupled with a sharp rise in life-changing health technology, has meant that an increasing amount of people want – and need – to live more autonomously. We have a fantastic pool of innovation talent in Britain, it just needs to be harnessed, and this scheme aims to do just that. MedTechSouthEast will promote the delivery of user-centred medtech which could revolutionise people’s lives and also help save money for our public services.”
The theme was chosen by the partners due to the increasing opportunities presented by the convergence of healthcare and technology to improve quality of life while also reducing healthcare expenditure. The new technology will help people spend less time in hospital or doctor’s surgeries and maintain a more independent lifestyle in their own homes.
During the accelerator process, Design Council’s team of expert Design Associates will lead the successful applicants through the process of developing a market-ready product, giving them unparalleled access to industry, skills, knowledge and experience.
Over the last decade, Design Council has worked with universities, research bodies and tech start-ups to develop exciting medtech solutions for key health and social challenges. In particular, its highly successful Design Challenges programme, Living Well with Dementia, addressed issues around independent living and launches innovative new services and products - programme case studies available here.
Online entry for proposals is now open and closes on Friday 23 October, following which entries will be processed and judged by a team of design and medtech industry experts. Fifteen selected finalists will then present their technologies at a pitching event to industry leaders, investors and potential commercial partners. The winning ten individuals or teams at this event will then develop their product at an intensive two-day workshop followed by a ten-week hands-on accelerator coaching programme.
The competition is now open, further info here: https://www.designcouncil.org.uk/projects/medtechsoutheast
Participants submit entries here: https://www.designcouncil.org.uk/medtechsoutheast
For additional further information contact:
020 7420 5240
Media and PR Manager
020 7234 5860
About Design Council
Design Council champions design which improves lives and makes things better, improving our built environment and tackling complex social issues. As an enterprising charity, its work places design at the heart of creating value by stimulating innovation in business and public services. It inspires new design thinking, encourages public debate and informs government policy to improve everyday life and help meet tomorrow’s challenges today.
Established by the Mayor of London with the capital’s three Academic Health Science Centres - Imperial College Academic Health Centre, King’s Health Partners, and UCL Partners - MedCity is a unique collaboration that brings together the outstanding life sciences strengths of London and the greater south east.
Over the next 20 years, MedCity will position the region as a world-leading, interconnected hub for research, development, manufacturing and commercialisation by championing collaboration and entrepreneurship, promoting a joined up and globally distinct life sciences offer, and providing a visible ‘go-to’ point for industry and investors.
About AXA PPP Healthcare
AXA PPP healthcare has been helping people to access healthcare services since1940. Today it forms the UK healthcare arm of AXA and provides cover for medical and dental care for individuals and employers, and employee wellbeing, counselling, occupational health and rehabilitation services through its specialist Health Services division. AXA PPP healthcare has been providing healthcare cover to individuals and employers outside of the UK for over 40 years and in 2009 established a dedicated business unit, AXA PPP International, consolidating and bringing a greater focus to the growth and development of its international business. Today, AXA PPP International serves members in more than 80 countries around the globe. For more information please visit: axappphealthcare.co.uk
AXA PPP Health Tech & You is a joint initiative between AXA PPP healthcare, 2020health and the Design Museum. It aims to recognise, celebrate and showcase the best in personal health technology innovations – putting the health tech revolution into a wider context for the benefit of users.