Health­care en­trepreneurs com­pete for fund­ing

The Irish Times - Business - - TECHNOLOGY - CIARA O’BRIEN

Health­care en­trepreneurs will travel to Gal­way next week to com­pete for €4 mil­lion in fund­ing and a place in the fi­nal stage of the EIT Health Wild Card ini­tia­tive.

The event, Wild Card: At the Edge, is be­ing hosted in part­ner­ship with Gal­way-based BioIn­no­vate and BioExel and takes place from Mon­day, April 16th to Fri­day, April 20th.

It is the tour­na­ment stage of the ini­tia­tive, and will see teams of health­care en­trepreneurs com­plete chal­lenges to win fund­ing, busi­ness sup­ports and men­tor­ship.

Among the lo­ca­tions are the Porter­shed co-working space, NUI Gal­way cam­pus and the Salthill Ho­tel.

Press­ing chal­lenges

The EIT Health Wild Card ini­tia­tive is a com­pe­ti­tion spon­sored by the Euro­pean Union seek­ing tech­no­log­i­cal so­lu­tions to data us­age and an­tibi­otic re­sis­tance, two of the most press­ing health­care chal­lenges.

“At the edge is about push­ing our short­listed fi­nal­ists to the lim­its of their abil­i­ties, to the edge of science, in­no­va­tion and tech­nol­ogy,” said Jan-Philip Beck, chief ex­ec­u­tive of EIT Health.

“Wild Card is look­ing for the biggest and bright­est minds to help solve some of Europe’s most press­ing health­care chal­lenges,” he added.

Gal­way beat com­pe­ti­tion from a num­ber of other Euro­pean cities to host the event, com­ing top due to its po­si­tion as a hub for in­no­va­tion and health­care re­search.

“It’s a won­der­ful achieve­ment for Gal­way to be picked as the host of Wild Card: At the Edge. The city is in­ter­na­tion­ally recog­nised as a cen­tre for medtech and health­care, and At the Edge will al­low the lo­cal busi­ness and science com­mu­nity to show off their ex­per­tise and tal­ents to some of Europe’s most promis­ing health­care in­no­va­tors,” said Dr Paul Anglim, strate­gic de­vel­op­ment lead at BioIn­no­vate.

“In the fu­ture, this could lead to deeper col­lab­o­ra­tion be­tween Gal­way and Euro­pean health­care lead­ers.”

Among the chal­lenges are Smart Health, which gives en­trepreneurs the task of us­ing ar­ti­fi­cial in­tel­li­gence to im­prove pa­tient care and pro­vide more per­son­alised health­care so­lu­tions, and Fight Back, which is seek­ing in­no­va­tive so­lu­tions to tackle an­tibi­otic re­sis­tance.

The ul­ti­mate win­ners will form two teams and re­ceive €2 mil­lion in fund­ing, ac­cess to men­tor­ship, busi­ness and re­search sup­port, and fa­cil­i­ties and premises across Europe, over two years.

Teams of health­care en­trepreneurs will com­plete chal­lenges to win fund­ing

Newspapers in English

Newspapers from Ireland

© PressReader. All rights reserved.