Propel Healthtech West Yorkshire has been allocated £4.5m in funding from the West Yorkshire Mayor's investment Zone.
Tracy Brabin, Mayor of West Yorkshire, said: ‘The first priority of our Local Growth Plan is to boost our region's fastest growing business sectors, because we know that's how we're going to drive investment, create jobs and put more money in people's pockets.
‘Today, we're launching £4.5m of new support for our world-leading health technology firms, which already generate £3bn for our economy but could go even further with the right backing.
‘This will help with access to finance, skills and workspace to bolster collaboration with hospitals and universities, boosting growth and helping us build a stronger, brighter West Yorkshire.'
All applicants should have an existing presence in the region or be willing to establish one. Successful organisations will receive a bespoke support package based on their businesses' needs.
Depending on whether the company is a startup or a scaleup, the six-month programme provides innovators a series of masterclasses, innovator surgeries, events and one-to-one mentoring sessions. All innovators will also have access to Propel HealthTech partners who bring specific expertise to the programme as well as the West Yorkshire ecosystem partners.
A diverse range of applications, particularly from female founders, innovators from BAME communities and entrepreneurs with a disability is encouraged.
To apply visit here.
Applications are open until 4pm, Friday 7 November.
