Co-funded by the European Regional Development Fund, the Welsh European Funding Office, Welsh Government's Health and Social Services group, universities, Life Sciences Hub Wales, and the health boards, the ultimate aim of Accelerate was to create lasting economic value for Wales.
Accelerate helped innovators in Wales to translate their ideas into solutions, enabling them to be adopted in health and care.
Accelerate was led by Life Sciences Hub Wales, in partnership with Cardiff University (CIA), Swansea University (HTC) and University of Wales Trinity Saint David (ATiC). Rather than providing funding or grants, this programme offered SME's and Enterprises in Wales the opportunity to tap into academic expertise, and the latest facilities needed by innovators and entrepreneurs to realise their ideas.
Identify research and development collaborations.
Connect businesses to experts in health technology, user experience, and clinical engagement.
Navigate the life sciences support ecosystem.
"Developing innovative new ways of preventing, treating and improving illnesses and diseases is a vital part of Welsh Government's vision for the future of the NHS in Wales. The Accelerate programme and the new Health Innovation Centres Fund will help to develop new ideas for health products and services more quickly for us to use in our NHS and across the world." - Vaughan Gething MS, Minister for the Economy, Welsh Government