Medical technology manufacturer TriMedika’s CEO and co-founder Dr Roisin Molloy has won a £ 50,000 grant and a bespoke package for mentoring, coaching and business support as part of Innovate UK’s Women in Innovation Awards.
Belfast-based TriMedika supplies clinical non-contact thermometers to hospitals worldwide.
Innovate UK launched Women in Innovation in 2016, after research revealed that just 1 in 7 applications for Innovate UK support came from women. Boosting the number of female entrepreneurs could deliver £ 180 billion to the economy and since launching the number of women applying to Innovate UK’s funding and support has increased by 71%, with Women in Innovation Awards 2022 building upon this.
Women in Innovation Awards is for female entrepreneurs across the UK. The overall aim is to find more women with ambitious plans and excellent ideas innovating within UK businesses, to promote greater diversity and inclusion in business innovation.
Dr Roisin Molloy, CEO and co-founder of TriMedika, said: “We are very excited and proud to be announced as Women in Innovation 2022 winners. This award offers a means to fast-track the adoption and leverage of new technology into NHS hospitals and could offer a significant return on investment to fuel the growth and scaling of TriMedika Ltd.
“The funding from this award will build upon the professional clinically-approved‘ non-contact ’TRITEMP thermometer, which is already used in many hospitals worldwide. We are developing a device that reliably captures patient temperature, alongside patient details and automatically uploads that information to a hospital EMR database, improving efficiency in nurse’s time (economic challenge), minimizing risk of cross-infection (societal challenge evident particularly during Covid), with a plastic-free, environmentally friendly solution (environmental challenge). Market research supports growing demand within the health sector for such products, as hospital budgets and healthcare personnel need to deliver efficiencies whilst positively impacting patients through improved patient care.
“As a female entrepreneur, one of the biggest barriers to overcoming was establishing credibility, in a market sector that does not embrace change, both from a female leadership perspective and also new technology within healthcare. I have worked hard to overcome this by joining numerous female programs, to grow my network and to help me build strategies beyond my existing thinking, know-how and to gain access. ”
“My top tip for female entrepreneurs is never give up and also ‘Don’t listen to naysayers- prove them wrong and if it’s not a hell yea then it’s a hell no!’ This has helped in many decisions. ”