What is inDemand?
inDemand is a new open innovation model where organisations with unmet needs and external companies jointly co-create solutions. To maximize chances of sustainable success, the companies also receive funding from regional development agencies, together with business support from market experts.
The inDemand model has 3 steps:
1. Need identification.
The challenger organisation (eg. a Hospital) identifies and selects a number of challenges proposed by the professionals working close to the problems. These challenges are handed over to the Funder.
2. Call for companies.
The Funder launches a call to identify the best company that can solve each challenge. It will leverage own funding (eg. regional structural funds) to economically support the development of the innovation.
3. Solution development and business support
With the inDemand model, healthcare professionals and tech companies work hand-in-hand to develop digital health solutions, receiving business advice and benefitting from the economic support of regional funds. The goal is to let healthcare innovation skyrocket!
Three Pilot Regions, namely Murcia (Spain), Oulu (Finland) and Ile-de-France (France), are testing the inDemand model via two iterations of the steps in a period of three years. In parallel, a methodology is being developed for further use. Indeed, if the 24 challenges identified are geared to the Digital Health sector, the model can be implemented in any other field.
These regions will openly disseminate their best practices and lessons learned. The first step towards the replication is the inDemand Community!