Technology Innovation in Life Sciences
About INSTILS (Inspiring Networking to Stimulate Technology Innovation in Life Sciences) project:
WHY:
The aims of the project are focused on improving the economic performance of the Life Sciences sector within the locality of D2N2, by enabling SMEs to increase their competitive advantage through innovation and stimulating interaction between business, research entities and the NHS.
HOW:
By providing a mixture of access to high value cutting edge Life Science sector specific expertise; cross-sectoral expertise from universities; grant funding; and networking opportunities. The total cost of the project is £7,393,742 of which £3,696,871 is of ERDF value.
RESULT:
This will enable established SMEs to flourish and grow by introducing new products and services that benefit from: innovations, identified clinical needs and incorporation or utilisation of cutting-edge technologies. New jobs will be created and new businesses will be established. The project’s ultimate success will be measured by the degree to which innovation is embedded in business.
PROJECT PARTNERS:
Led by Medilink EM in partnership with the East Midlands Academic Health Science Network, The University of Nottingham and Nottingham University Hospitals NHS Trust.