Question to the Department for Science, Innovation & Technology:
To ask the Secretary of State for Science, Innovation and Technology, what steps his Department is taking to support (a) the Health Innovation Network and (b) other regional networks to help (i) support health technology SMEs and (ii) increase economic growth.
The Government continues to fund the Health Innovation Network to support health and social care teams to identify, test, and scale new solutions – including new health technologies – to major NHS challenges. Since 2018, HIN programmes have created or secured over 10,000 jobs and provided bespoke support to thousands of SME innovators, contributing >£2.6bn to UK economy with a 3:1 return on investment.
Other Government-funded regional networks include the NIHR Research Delivery Network, which enables the health and care system to attract, optimise and deliver research across England. This includes supporting the delivery of research funded by health technology SMEs.