Medilink Launches Medtech Funding Resource

Tony Davis, Chair, Medilink UK

UK medtech business support organisation Medilink has launched a funding and finance leads service for companies operating in the life sciences sector. The service provides subscribing companies with access to a regularly updated database compiling sources that are willing to fund innovation.

“Many firms in the [UK health technology] sector are SMEs, which are finding it incredibly difficult to access funding and loans that are essential to enable innovation and investment,” explains Medilink UK Chair Tony Davis. “The economic reality and failure of banks to lend to entrepreneurial firms, as well as withdrawal of government-funded business support, is making it harder than ever for companies to succeed.” This programme, adds Davis, connects manufacturers with specialist support to increase sales and stimulate innovation.

In addition to the funding tool, Medilink has also developed a complimentary tender and sales leads service.

Tags: innovation funding, Medilink UK