Additional Funding to Support People to Live Their Best Lives Takes Investment Total to £1.25m
We’re very pleased to announce that we have successfully secured a funding total of £1.25m to support our vision of redefining the care industry and the development of our teams in the North East.
We have received a £400,000 Government grant from UK Research and Innovation (UKRI), which follows the successful round led by Northstar Ventures we announced earlier this year – taking our investment total to £1.25m. The grant will support the development of innovative technology, increasing our operational efficiency and ultimately enabling BelleVie Wellbeing Support Workers to spend more quality time with the people we support. The funding will also be used to create more quality jobs in the North East, increasing our capacity to support people in the region to maintain a more fulfilling, socially connected and independent life in their own home.
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. We look forward to BelleVie’s model scaling up and benefiting many more people and carers in the North East.”
Dr. Helen Crampin, Innovation and Technology Lead, Healthy Ageing Director at Innovate UK said, “We’re pleased to support this innovative new model in the care sector, from our UKRI funding partnership with Northstar Ventures. We aim to work with partners to support businesses that are focused on helping people to remain active, productive, independent and socially connected across the generations. Developing new models of care that lead to benefits for both older people and their carers.
BelleVie’s CEO and Co-Founder, Dr Trudie Fell, said: “We are delighted to have raised over £1million which will enable us to expand, developing our model and provide a route to solve the crisis in care.
“Our decentralized structure has small, semi-autonomous, teams supporting people in their local community to live their best lives at home. This model allows our Wellbeing Support Workers to focus on the person they’re supporting, rather than on the clock. Our carers are treated as professionals and are able to deliver the high quality support clients need. There is a large and growing demand for quality care, so we are very excited about being able to expand this new way of working to more people.”