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Oxfordshire care home provider to share £1.1 million funding for healthy ageing innovations

19 March 2021
The Business Magazine article image for: Oxfordshire care home provider to share £1.1 million funding for healthy ageing innovations

Oxfordshire care provider BelleVie is one of three small firms which will benefit from the healthy ageing challenge, run by UK Research and Innovation (UKRI).

Each will benefit from a UKRI grant, alongside investment from one of the challenge’s investment partners, Northstar Ventures.

BelleVie is an innovative care provider. The funding will support the development of a technology platform that allows the team to spend more quality time with the people they support. This, in turn, allows them to maintain more fulfilling, socially connected and independent lives in their own homes.

Alasdair Greig, Director, Northstar Ventures, said: "We’re keen to invest in new solutions to the challenges facing society and the partnership with UKRI enables us to support more innovation in the healthy ageing arena.

George MacGinnis, healthy ageing challenge director at UK Research and Investment, said: "It’s vital that we continue to support these sorts of projects, including through our partnership with Northstar Ventures.

"The need for these solutions to improve the delivery of care and enable diagnosis and treatment away from clinical settings has been made even more pressing by the Covid-19 pandemic. We look forward to working with these companies as they develop their innovations."

One in 12 people in the UK are over 75. By 2040, this will rise to one in seven. A third of children born now are expected to live to 100.

On average, people aged 65 will live just half of the rest of their life without disability.

Nicky Godding is editor of The Business Magazine. Before her journalism career, she worked mainly in public relations moving into writing when she was invited to launch Retail Watch, a publication covering retail and real estate across Europe.

After some years of constant travelling, she tucked away her passport and concentrated on business writing, co-founding a successful regional business magazine. She has interviewed some of the UK’s most successful entrepreneurs who have built multi-million-pound businesses and reported on many science and technology firsts.

She reports on the region’s thriving business economy from start-ups, family businesses and multi-million-pound corporations, to the professionals that support their growth and the institutions that educate the next generation of business leaders.

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