Innovation in Healthy Ageing Devon

What is the aim?

The Innovation in Healthy Ageing project is a collaborative project partly funded by the European Regional Development Fund with additional financial support from Devon County Council, the South West Academic Health Science Network, West Devon Business Information Point, and the University of Plymouth with the aim to improve healthy ageing in Devon.

This programme has been designed to use key challenges and opportunities around the impact of ageing populations, changing lifestyle choices and the rise in chronic conditions, as a catalyst for innovation and growth by investing in the following sectors:

  • Pharmaceuticals
  • Medical Technology
  • Medical Bio-Technology
  • Healthcare Services

How will we do it?

Small to medium enterprise’s (SME’s) and social enterprises will be supported to provide innovative solutions to the challenges affecting how people age in Devon including Plymouth and Torbay. 

These ideas could be for new technology, applications for existing technology, services, models or processes. 

The programme will provide an opportunity to work collaboratively and apply for funding to develop ideas. 

How will it work?

The project will run until June 2020 and is accessible by eligible organisations located in Devon including Plymouth and Torbay. A Challenge Event will be held in March 2018 to bring together all stakeholders interested in the project and identify the key challenges around providing care for an ageing population. This will be closely followed by a ‘hackathon’ type event on Friday 23 March 2018 where stakeholders will be encouraged to collaborate and innovate around how to address these key challenges. Following these events, collaborative groups with an appointed lead from businesses and social enterprises will identify: potential ideas for new technology, new uses for existing technology and innovative operating models or services.

Collaborative Groups whose innovations have the most potential will be offered the following support to work up their ideas:

Student Placements, Up to fifteen students will be available to work with these groups.

Challenge Fund, Collaborative groups will have the opportunity to bid into a challenge fund. Groups will need to provide 40 per cent of the total expenditure they are bidding for.

Practical and Specialist Health Innovation Support, Collaborative groups will be able to receive practical and specialist health innovation support. A minimum of 12 hours support will be provided during the programme lifetime.

N.B. Collaborative Groups will be able to take up the most suitable combination of the three support activities offered; based upon their project idea. Collaborative Groups will also need to appoint a project lead. The project lead will be the organisation who applies for funding.

Who is involved?

  • Devon County Council (Programme Lead)
  • South West Academic Health Science Network
  • West Devon Business Information Point
  • University of Plymouth

How can I take part?

To be eligible for the programme your organisation should:

  • Be classed as a small / medium sized enterprise; employing fewer than 250 people; or a legally constituted social enterprise.
  • Have an annual turnover of less than €50m (approx. £42m).
  • Have a balance sheet value of less than €43m (approx £36m).
  • Be less than 25 per cent owned by another company or combination of companies.
  • Have received less than €200,000 of public funding in the last three years. 

The Innovation in Healthy Ageing project is receiving up to £657,714  of funding from the England European Regional Development Fund (ERDF) as part of the European Structural and Investment Funds Growth Programme 2014-2020. The department for Communities and Local Government is the Managing Authority for ERDF. Established by the European Union ERDF funds help local areas stimulate their economic development by investing in projects which will support innovation, businesses, create jobs and local community regenerations.