Nexus and City Partners Unveil £2M Health Innovation Leeds Incubator to Accelerate Business Growth

Nexus and a partnership of some of the city’s most influential organisations has today announced the launch of a new £2 million Health Innovation Leeds Incubator, a collaborative initiative designed to accelerate growth of healthtech businesses in the region and beyond.

Unveiled by the Leader of Leeds City Council, Cllr James Lewis, at the West Yorkshire Health Tech Cluster’s “Driving the Future of Innovation” event, the Incubator will help supercharge the region’s vibrant and fast-growing healthtech sector, cementing Leeds’ status as a top health innovation hub.

The new Incubator is funded by the West Yorkshire Healthtech Investment Zone, and led by Nexus at the University of Leeds together with Leeds Beckett University and Leeds Teaching Hospitals NHS Trust, working closely with Leeds City Council.

Innovators supported by the Health Innovation Leeds Incubator will benefit from expertise across the region’s flagship innovation assets – including the University of Leeds’ £40m global innovation community, Nexus, Leeds Teaching Hospitals NHS Trust’s pioneering Innovation Pop Up, and the new Sports Health Tech Incubator at Leeds Beckett University.

Businesses joining the Incubator will gain tailored support to address barriers to growth, access expertise covering the entire innovation journey from prototype to market and tap into one of the UK’s strongest industry networks. Unlike traditional incubator models, the initiative welcomes companies of all sizes, with a focus on supporting local and regional start-ups and SMEs.

Leeds is already one of the top three global locations for healthtech companies, at the heart of a region which is home to one third of all UK healthtech businesses. The local tech sector is expanding at a rate 125% above the national average, with AI job growth outpacing London.

Unparalleled partnerships underpin the city’s internationally-renowned ecosystem – represented by Health Innovation Leeds – which brings together world-class academic research, an outstanding healthtech industry cluster and a single, cohesive health and care partnership.

Mayor of West Yorkshire, Tracy Brabin, celebrated the announcement, which will fuel growth in one of the region’s fastest growing sectors:

“Leeds is one of the top three global locations for healthtech companies – a place where businesses don’t just launch, they really take off.

“I am therefore delighted to announce a new £2 million Health Innovation Leeds Incubator which builds on our region’s unrivalled offer to innovators, powered by a £160 million West Yorkshire Healthtech Investment Zone.

“Our region is home to a third of all UK healthtech companies, and at its heart, Leeds health innovation ecosystem is one of the most connected and dynamic in the country. The Health Innovation Leeds Incubator will harness this unique connectivity – opening doors, creating opportunities and helping businesses grow faster and go further.”

Health Innovation Leeds is supported by Leeds Academic Health Partnership, one of the biggest of its kind in the UK. Partnership Director, Kate Lodge, said:

“When it comes to health innovation, Leeds is setting the pace and shaping the future. This is the city where breakthroughs are born, ideas are tested at speed, and where bold partnerships support businesses to start, scale and go global thanks to standout support.

“The new Health Innovation Leeds Incubator is an exciting example of this powerful collaboration in action, combining expertise from leading universities and one of the country’s biggest teaching hospitals. Leeds is already a top city for start-ups and scale-ups, and this new initiative will give even more businesses the bespoke support they need to grow. If you’re a healthtech company ready to unlock the next step in your business journey, Leeds is invested in your success. Register your interest and join us as, together, we transform health and care for everyone.”

From helping entrepreneurs access apprenticeships and local talent to guiding scale-ups into national and international markets, the Health Innovation Leeds Incubator will connect innovators with the right people, programs, and expertise at every stage. Support includes tailored pathways to regional resources and accelerator initiatives such as Propel Healthtech, ensuring that Leeds remains the UK’s top city for nurturing business growth and making tomorrow’s healthcare possible today.

Register your interest at healthinnovationleeds.com and be the first to hear more, including details of an innovator information event in early 2026.