The EU is blessed with scientists, researchers, engineers, designers and health care professionals working day by day on developing advances in the Medical Technology [Medtech] sector. There are numerous UK organisations providing support, advice and useful information for the stages of medical technology but few that provide practical support in commercialising Med Tech innovations. It is also a fact that many medical technology businesses with exciting Medtech products and services, including overseas businesses, require support in breaking into the UK market and the NHS in particular.
Monmouthshire County Council [MCC] together with advisory firm Capital Kinetics Ltd have launched a pilot scheme to understand how
they can support MedTech businesses prepared to locate all or part of their operations to Wales. Working with UK and International Incubators MedTech Wales have developed a network of global partners
MedTech Wales can provide access to both regional, national and international partner experts that are designed to help develop successful and sustainable businesses. Other support services will include:
Finance including ‘match funding’ support from MCC, the Development Bank of Wales, commercial and private lenders/investors
Opening doors to the NHS and the Universities within South East Wales to help with clinical studies, trials evaluations and research programmes
Advisory and mentoring support
With easy access to South Wales and Bristol the County of Monmouthshire not only provides an attractive work location it is within reach of an incredible pool of talent and support services.