Looking for support to help your business grow? Apply for the SME Innovation Fund

03 January 2018

Are you a start-up or a small medium sized enterprise working in the space of delivering improved healthcare? Do you have the potential to change how healthcare is delivered? The SME Innovation Fund can provide the support you need to help your business grow.

Mercia Fund Management (MFM), a leading investment business is collaborating with the West Midlands Academic Health Science Network (WMAHSN) to help build and support healthcare businesses across the West Midlands.

The SME Innovation Fund will provide investment and provide excellent links to the NHS, investment community and academic networks. In doing so the fund will support innovations that have the potential to deliver a high impact for society, grow the reputation of the West Midlands health services and lead the adoption of new innovations in the NHS.

Successful applicants will get:
• Convertible loans of up to £50,000
• Unparalleled access to future investment capital
• Regular mentor workshops from industry experts including experienced life sciences entrepreneurs.
• Key contacts in the NHS and healthcare sectors

Mercia has a strong track record of financially supporting and building life science businesses across the UK, all of which provide a scalable and innovative way of streamlining services, improving patient safety and releasing the burden of cost on the NHS. The fund will be led by Peter Dines, Investment Director and Head of Life Sciences at Mercia.

The fund has supported 10 companies to grow to date and we now have funds available to invest into a new venture.  Examples of the success stories can be found in WMAHSN’s annual report.

How to apply: To apply please 'Submit your innovation' to the Meridian campaign here, where you will also be able to find more information and contact details. 

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