Accelerating FemTech and MedTech Venture Kickstarter - HIN

Concepts

• biomedical catalyst accelerators
• hin sl
• two biomedical catalyst accelerators
• medtech venture kickstarter - hin
• accelerate
• accelerating
• medtech
• hin
• kickstarter
• femtech

Location

Description

The Health Innovation Network South London (HIN SL) has been awarded a grant by Innovate UK to deliver two Biomedical Catalyst Accelerators. The outcome of the programme will seek to support innovative companies to de-risk and accelerate the commercial readiness of medical devices. This is part of the strategy for St Thomas’ Campus to be a Medtech Hub for London Societal Challenge 1 (SC1).

Award Detail

CPV Codes

• None found

Legal Justification

The following rationale supports the proposed direct award under Schedule 5 of the Procurement Act 2023 on the grounds of the novelty of the service and King’s College London having intellectual property rights in delivering the MedTech Venture Kickstarter as implied in the Innovate UK grant offer letter and thus there leaves no reasonable alternatives other than for King’s College London to deliver the programme. This approach is in accordance with Section 41 by reference to paragraph 2(a) and paragraph 5(a) and (b) of the Procurement Act 2023.

Other Information

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