Amino Plus Wins Top Prize at Discovery Park’s Accelerator Program
Amino Plus has won the top prize in the Discovery Spark program by presenting an innovative solution for unhealed wounds. The six-week initiative by Kent’s Discovery Park involved nine startups refining their commercial strategies. Amino Plus will receive valuable resources and support worth over £50,000 to further their efforts. Other notable participants included RS & RS Scientific and SmileScaff, demonstrating a breadth of innovative solutions in health science.
Amino Plus, an emerging player in the nutritional therapeutics sector, has achieved first place in the highly competitive Discovery Spark program managed by Kent’s Discovery Park. During this six-week initiative, nine innovative life science and technology startups honed their business acumen and commercial strategies, culminating in a pitch presentation. The winning proposition from Amino Plus focuses on addressing the significant global challenge of unhealed wounds through their groundbreaking oral leg ulcer treatment, Wound Plus.
The successful team has been awarded complimentary workspace at Discovery Park in Sandwich, alongside comprehensive infrastructure and business support totaling over £50,000. Simon Carty, the Chief Executive Officer of Amino Plus, expressed gratitude for being part of the Discovery Spark program, underlining their confidence in Wound Plus as a viable solution to the pervasive issue of unhealed wounds, which affect millions worldwide. Carty stated that winning this recognition will facilitate the expansion of their business into new markets.
The program also acknowledged RS & RS Scientific for their second-place achievement; they are developing cutting-edge therapies aimed at combating lung cancer. SmileScaff, which specializes in dental devices to enhance recovery from tooth loss, secured third place. Other notable participants included Bioflares, Gutsee, Peachy Healthcare, Phlow, Simplex Molecular, UltraBiOmics, and We Are Eden, showcasing a diverse array of innovative projects.
Further supporting entrepreneurship, Discovery Park was actively involved at the GIANT Health event in London, featuring a panel of past winners and providing another pitching opportunity for previous participants, culminating in Ask Joan winning a wildcard prize that entails specialized support valued at over £10,000. Renos Savva, head of innovation at Discovery Park, emphasized the organization’s commitment to fostering startups and enabling entrepreneurs to scale their operations. He remarked on the positive outcomes of the first three Discovery Spark cohorts, expressing eagerness to witness the resultant innovations in the industry.
The upcoming Discovery Spark program, with a focus on oncology, is set to take place in February to March 2025, receiving support from the Capital Enterprise Network and Cancer Tech Accelerator. As Discovery Park continues to cultivate a nurturing environment for startups, significant advancements in the field of nutritional therapeutics and beyond are anticipated.
The Discovery Spark program is an accelerator initiative aimed at supporting early-stage startups in the life sciences and technology sectors. It provides a structured environment where entrepreneurs can develop their commercial strategies and pitch their innovative ideas to potential investors and stakeholders. The initiative not only awards participants for excellence but also provides critical resources such as workspace and business mentoring, which can substantially impact the growth trajectory of these young companies. With a focus on addressing global health challenges, such as unhealed wounds, the program showcases the potential of innovative solutions emerging from the scientific community.
In conclusion, Amino Plus has set a promising precedent in the nutritional therapeutics field by winning the Discovery Spark program, reflecting the company’s commitment to addressing the pressing issue of unhealed wounds. The supportive framework offered by Discovery Park empowers startups like Amino Plus and others, enabling them to thrive and innovate within their respective sectors. The upcoming Discovery Spark programs will further reinforce this commitment to fostering groundbreaking solutions across different healthcare challenges.
Original Source: thebusinessmagazine.co.uk
