We’ve Been Funded by Innovate UK (again!)
Following on from the announcement of our Series A funding last week, we’re pleased to share that we’ve received an additional £50k from the UK government and Innovate UK, the UK’s innovation agency, as part of a government boost for companies making cutting-edge tech to battle Covid-19. Navenio has already successfully completed two Innovate UK grants.
Out of 8,600 applications, fewer than 800 businesses received funding. Other projects benefitting from the funding include virtual reality training platforms for surgeons, virtual farmers’ markets and further innovations borne out of the coronavirus pandemic.
As part of a three-month development project, we plan to make significant enhancements to our solution, specifically targeting improvements across infection control rapid response cleaning, porter tasking and task management – which is critical not only for dealing with Covid-19 itself, but also the surge of demand as hospitals deal with a large case backlog.
Ultimately, hospital teams will be able to use the revamped IWS for business continuity planning, to handle higher case workload, and to rapidly train and on-board new staff.
Business Secretary Alok Sharma commented in the press about the wider investment programme:
“The coronavirus crisis has created challenges that impact the way we live, work and travel, but has also prompted a wave of new innovations as businesses look at ways to solve some of the challenges facing our world today. This funding will support UK start-ups to deliver potential solutions, services and ways of working, and help ensure the long-term sustainability of these businesses.”
The long-lasting effects of Covid-19 demands the rapid deployment of logistics teams across hundreds of hospitals, both UK and worldwide. This funding will help dramatically improve patient flow within hospitals, which in turn will free up beds for new patients and help make sure that scarce resources are available to those who need it most, as well as help protect the frontline staff we all rely on so much.