The PIHC Innovation Fund aims to facilitate the introduction of innovative technology into the clinic. Therefore, a bottom-up, project-driven approach is chosen in which clinicians and scientists jointly address specific clinical issues. Innovation vouchers worth 50,000 euro each are awarded to project teams as seed money that participants can use to test the feasibility of their ideas and evaluate the potential for developing them further. By organizing regular meetings and matchmaking events, serendipity and new collaborations are facilitated. The fund aims for long-term collaboration between parties.
Impact on health care
By initiating the fund, the enormous research potential in the Twente region is directed towards improved patient care. The innovation fund will therefore ultimately benefit patients, not necessarily limited to the region. To ensure this impact on health care, the fund emphasizes the importance of valorization in its projects. The 4 partners involved in the fund provide a solid base for valorization of the medical innovations. However, the fund aims to grow further and is always looking for new, additional partners.
Size of the fund
Together, UT, MST and ZGT provide a yearly budget of €400,000 for het PIHC Innovation Fund and are committed for long-term continuation of the programme. Every year, a call for proposals is published for researchers and medical specialists of the UT, MST and ZGT. The maximum budget that can be requested for projects is €50,000. At the end of the year the innovation vouchers are being awarded. Projects have to start within 6 months after the voucher has been awarded and the project duration is maximum 12 months.
In additional to the regular vouchers, Menzis is awarding two extra vouchers of €50,000 for projects that contribute to Menzis' regional focus on better care for elderly. In addition to excellent clinical care, cooperation with general practitioners and other care providers is another key factor in this regard.