FemTech and Women’s Health start-ups urged to join Discovery Park’s growth programme, offering a support package worth over £50K

The Special Edition of the ‘Discovery Spark’ growth programme was announced at Kent & Medway Women’s Health Innovation Summit

Sandwich, Kent, UK / 12^th March 2024 / Discovery Park, Kent’s thriving life science community, has launched a special edition of their growth and support programme, Discovery Spark, for start-ups in FemTech and Women’s Health. 

The programme was unveiled at Kent & Medway Women’s Health Innovation Summit, which brought together NHS leaders, clinicians, patients, academics and innovators to revolutionise women’s health and close the gender health gap. The event highlighted menopause, mental health and cardiovascular care as areas of unmet need, with women twice as likely to die after a heart attack compared to men. Despite living longer, the average woman spends nearly a quarter of her life in poor health compared with a fifth of men. A lack of research and data is a driver for the gender health gap, with five times more research conducted on erectile dysfunction, which affects 19% of men, than on premenstrual syndrome, which affects 90% of women. 

Igniting the growth of early-stage businesses solving women’s health challenges, the special edition Discovery Spark programme is now open for applications. The programme offers tailored mentoring and support for start-ups, preparing founders for success in investment pitches. Companies will compete to win a support package worth over £50K, including 1 year of lab or office space at Discovery Park, alongside invaluable support from healthcare partners, Barclays Eagle Labs and six specialist prize partners. 

Discovery Spark is led by Dr Renos Savva, Head of Innovation at Discovery Park and a recognised scientist, entrepreneur and venture development lead. Speaking about the new programme, Renos said: “Discovery Spark gives early-stage start-ups the tools for healthy business foundations, providing expert advice and personal development, all designed with securing investment in mind. The UK has the largest female gender health gap in the G20, so it's important to supercharge exciting businesses aiming to solve challenges in female health.”

Organised as three immersive sessions held between May and July, Discovery Spark takes place at Discovery Park and includes overnight accommodation for those taking part. Each session lasts for two-days, covering people, teams and brand, presentation and communication, and business metrics and markets.

Dr MaryAnn Ferreux, Medical Director at Health Innovation KSS, a partner of the FemTech and Women’s Health Special Edition Discovery Spark, said: “Collaboration and partnership will be key to designing and delivering revolutionary healthcare for women. The summit showcased the vibrant healthcare innovation ecosystem in Kent and Medway, from students and clinicians, to academics, to start-ups like Adora and Feebris and big companies like AWS. Discovery Spark is the next step in this journey, providing valuable support to promising start-ups improving health outcomes for women.” 

To enter, start-up companies must be working in FemTech or addressing Women’s Health with a demonstrated proof of concept and have raised less than £1 million in investment. The programme is open to both male and female founders. The deadline for applications is 5th April, with the next cohort beginning on 21st May. 

Applicants should enter on the Discovery Park website, which also includes terms and conditions. https://discovery-park.co.uk/lp/discovery-spark/

Discovery Park is committed to supporting women in business and innovative organisations transforming women’s health. Contact Discovery Park for more information on business support and investment opportunities currently available.

About Discovery Park  

Discovery Park is a thriving life science community for visionary entrepreneurs and leaders and the ideal environment for businesses to start, scale and succeed. 

Discovery Park offers state-of-the-art labs, modern offices and manufacturing facilities, unrivalled flexibility and comprehensive support including access to finance and a strong local talent pool. Within easy reach of London, Discovery Park spearheads Kent’s flourishing science and technology cluster. As an extension of the Golden Triangle, Discovery Park’s location provides access to a wealth of resources and opportunities, coupled with an enviable quality of life. 

Discovery Park has been a major centre for life science for nearly 70 years and is home to 160+ companies across a growing tenant community of dynamic start-ups through to global corporations. This includes Algaecytes, Canterbury Christ Church University, Concept Life Sciences, eXroid, Genea Biomedx, LGC, Pfizer, Psyros Diagnostics, Salvensis, Viatris, VisusNano and Wren Healthcare. 

Discover more: www.discovery-park.co.uk