The health division from the European Institute of Innovation and Technology (EIT Health), provides financial support to STENTiT from the Headstart Funding Programme. The money is granted to support further product development and market validation of the regenerative stent.
EIT Health provides funding for early stage companies and SMEs to develop new products and services. These should fit with the overall EIT Health thematic scope, “Healthy Living, Active Ageing, Improved Health Care”.
The purpose of the EIT Health Headstart funding is:
• to support the applicants in realizing next steps towards the market and shorten time-to-market for innovative products and services;
• to verify the need/benefit of the product/service for users/customers/payers/partners;
• to increase the possibility to attract further private investment.
For more information, please visit their website.