Innovations in Mental Health Fund (360G-Wellcome-228345_Z_23_Z)
\- Mental Health (MH), Data for Science and Health (DSH) and Translation & Portfolio Integration (TPI) have identified an opportunity to co-develop the first Europe-based venture capital fund partnered with the UK National Health Service (NHS) specialising in health technology investments in Mental Health (MH). The ‘Innovation in Mental Health Fund’ would be a first of its kind investment vehicle, structured as a Special Purpose Vehicle (SPV), and would bring together: \- Wellcome as the anchor investor \- KHP Ventures (“KHPV”), a joint venture between Guy’s and St Thomas’ Trust, King’s College Hospital Trust and King’s College London as the General Partner (GP), \- The South London and Maudsley NHS Trust (SLaM) as the preferred service partner. \- The Fund will provide targeted support to global early-stage companies (at pre- seed and seed stage) developing digital mental health assets and accelerate their progress by supporting product development and clinical evidence generation.
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Grant Details
| Region | London |
| Award Date | 2023-09-30T00:00:00+00:00 |
| Internal ID | 228345/Z/23/Z |
| Planned Dates: End Date | 2034-10-16T00:00:00+00:00 |
| Planned Dates: Start Date | 2024-10-17T00:00:00+00:00 |
| Amount Awarded | 8000000 |
| Financial Year | 2022/23 |
| Lead Applicant | Mr Daniel Dickens |
| Grant Programme: Title | Discretionary Award |
| Applicant Surname | Dickens |
| Approval Committee | Internal Decision Panel |
| Recipient Org: Country | United Kingdom |
| Recipient Org: City | London |
| Has the grant transferred? | No |
| Research conducted at multiple locations? | No |
| Total amount including partnership funding | 8000000 |