Updated 20 April 22
Nova has entered into a new partnership with Chelsea and Westminster Hospital NHS Foundation Trust, in which we are aiming to cultivate the ideas of clinicians, and by applying our guidance and support programmes, transform their ideas into viable health tech startups.
Chelsea and Westminster Hospital NHS Foundation Trust is already known as a leading contributor to healthcare innovation. Probably best known for being the first UK trust to trial a smartphone-linked electrocardiogram recorder to reduce stroke risk.
Similarly, Nova is recognised for being deeply committed to solving problems in the world of healthcare through technology, having cofounded a broad portfolio of digital health businesses across a spectrum of healthcare needs. Working with the CWTrust and CW+, our partnership seeks to develop solutions that can be deployed across hospitals both within the NHS and worldwide, evolving the delivery and provision of services, and ensuring the highest possible quality of patient care and treatment.
Nova will contribute to the partnership in two core areas.
The staff whose ideas are selected for advancement will obtain 10% ownership of the business, making them a key shareholder in the business.
A similar partnership with Alder Hey Children’s Hospital in Liverpool is successfully providing clinicians with the necessary tools to construct digital health startups.
Andy Dean, Head of Partnerships commented: “Our ambition in these strategic partnerships is to create a network of hospitals to realise the business ideas unique to those working in healthcare. It is exciting for Nova to be contributing our expertise and resources with the brilliant people at the Chelsea and Westminster Hospital NHS Foundation Trust to create some truly innovative businesses and provide solutions to real needs within the sector.”
He adds: “Fundamental to our approach is putting the clinical staff at the centre of the business development process, we are proud to be making each clinician a key shareholder in the founded businesses. This is an early step on the road to creating a nationwide innovation network of hospitals, trusts, and professionals.”