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Global Business Innovation Programme

Innovate UK invites you to apply for the Global Business Innovation Programme comprising a programme of support and a fully funded visit to South Korea to explore opportunities for technology transfer and innovation collaboration.

Nigel Harris
Director of Innovation and Growth

Register your interest

Innovate UK invites you to apply for the Global Business Innovation Programme comprising a programme of support and a fully funded visit to South Korea to explore opportunities for technology transfer and innovation collaboration.

Delivered by Enterprise Europe Network, selected applicants will benefit from an unrivalled programme of pre and post visit support and an intensive 5 day in-country itinerary with opportunities to visit medical centres and clusters, the Korea International Medical & Hospital Equipment Show (KIMES) and meet digital heath companies with the aim of creating opportunities for technology collaboration.

Benefits of the programme

  • Exclusive access to the South Korean digital healthcare sector
  • Pre visit briefings and 1-2-1 support to prepare you for doing business in South Korea
  • Targeted, pre-arranged meetings with healthcare professionals, tech and research partners
  • Tailored follow up support to help you exploit the opportunity

“It would have been impossible to be taken seriously by some of these companies at this stage. The support from EEN, IUK and the British Embassy made us look powerful, influential and potentially game-changing” Athan Fox Aurelius Environmental.

Who should apply

Applications are invited from SMEs developing digital health technology associated with using big data and AI, as well as devices and solutions that use digital technology to accelerate and improve healthcare outcomes, who  have a strong desire to collaborate with South Korean partners and can demonstrate the capability for international cooperation.

KEY FOCUS AREAS

Chronic diseases, ageing population, P4 medicine, system efficiency.

KEY OPPORTUNTIES

Healthcare discovery, diagnostics, prevention, personalised therapy and process optimisation.

WHY SOUTH KOREA?

Home to global brands such as Samsung and LG South Korea is the 11th largest global economy, has one of the strongest IT infrastructures and a demanding and technology embracing population. With an ambition to become a world-leading medical hub the South Korean government and large University hospitals are investing heavily to transform the healthcare system and deliver more tailored medical services and better health outcomes.

With current R&D innovation strategy focusing on greater investment into SMEs and international collaboration and with significant UK- SK bilateral funding opportunities, this is a market which offers great opportunity for UK SMEs developing digital health solutions.

FUNDING

Flights and six nights’ accommodation (one representative per company) will be funded through the Global Business Innovation Programme. The visit will take place from the 14 to 21 March 2020.

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