West Yorkshire secures £7.5 million to support local business growth

Health technology companies in West Yorkshire will be able to bid for funding of up to £1 million to help develop lifechanging medical innovations for use in the NHS and across the world, Mayor Tracy Brabin has announced.

Due to the emerging strengths of the region’s £5 billion health technology sector (healthtech), the Mayor of West Yorkshire has secured £7.5 million of new investment — hailed as a “gamechanger” for businesses and patients.

The funding will be distributed to businesses which can demonstrate that they will have a positive impact on patient care through an innovative new medical, diagnostic or digital health solution.

The new multi-million-pound partnership between the Mayor and Innovate UK, part of UK Research and Innovation (UKRI), comes days after £5 million was announced by UKRI for the medical technology sector across Yorkshire, which employs over 16,000 people across 250 companies.

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