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GenScan AI wins social innovation award for MRI tech

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JOSEPH GABRIEL LAGONSIN

News Editor

GenScan AI has won the Entrepreneurs’ Award in Social Innovation 2026, securing a £10,000 grant for founder Mary-Brenda Akoda.

Akoda received the prize after a live presentation final organised by the Worshipful Company of Entrepreneurs in London. The award also includes a year-long support package of mentoring, strategic guidance, and access to a network of entrepreneurs, investors, and business leaders.

GenScan AI is developing software called GenMRI to cut MRI scan times by up to 90% without requiring new hardware, potentially reducing a scan from 20 minutes to two.

Akoda founded the business after seeing the impact of delayed diagnosis on patients and families dealing with conditions such as stroke and cancer. The company focuses on medical imaging and diagnostic workflows, with MRI as its starting point.

The award programme attracted 83 applications from early-stage entrepreneurs across the UK. Entrants were tackling social and environmental challenges, and five finalists were selected for the EASI26 cohort.

Alongside GenScan AI, the finalists were Joyvié Health, founded by Zoe Robson; Reporti, founded by Gracie Broom; Tera Mira, co-founded by Jeanne Bégon-Lours and Lucy Dain-Williams; and Avanc, founded by Dr Eleanor Jaskowska and Lizzie Melhuish.

The technology

Magnetic resonance imaging is widely used in hospitals, but scans can be time-consuming, limiting throughput and delaying diagnosis and treatment. Shorter scan times could help health services see more patients with existing equipment, although GenScan AI has not disclosed details of any clinical deployment.

Akoda’s background spans academic research and software engineering. She trained at Imperial College London, worked as an AI research scientist, and previously held roles at Microsoft.

She has also taken part in the NHS Clinical Entrepreneur programme on its patient track. Her profile includes recognition as a Google DeepMind Scholar and previous experience as a startup founder.

Award focus

The Entrepreneurs’ Award in Social Innovation was established to back founders building businesses that combine commercial ambition with social impact. It is run by the Worshipful Company of Entrepreneurs and its trust.

Judy Hadden, Past Master Entrepreneur and EASI founder, said: “GenScan AI is exactly the kind of innovation EASI was created to support – commercially ambitious, technologically advanced and capable of delivering meaningful societal impact. Mary-Brenda combines exceptional technical expertise with a clear mission to solve a genuine healthcare challenge. We are excited to support her as GenScan AI moves into its next stage of growth.”

For GenScan AI, the award provides both funding and access to experienced business figures at an early stage of development. Such schemes have become an important source of support for founders seeking to move research-led ideas towards commercial use, especially in healthcare, where technical validation and adoption can take time.

Akoda said: “GenScan was founded on a simple belief that no one should suffer or die because of a delayed diagnosis. Winning the Entrepreneurs’ Award in Social Innovation is a validation of the mission we are building towards: making medical imaging and diagnostic workflows faster, safer, and more accessible, starting with MRI. The support and network that come with EASI will be incredibly valuable as we keep moving from validated research towards clinical adoption and real-world patient impact.”



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Business & Technology

Oxford startup secures Innovate UK Women in Innovation Award

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Oxford-based Peripear has secured an Innovate UK Women in Innovation Award and a £74,974 grant for its development of a wearable device designed to prevent perineal trauma during labour.

The funding will support continued product development ahead of the company’s planned first-in-human study.

Nina van Schaick, co-founder and COO of Peripear as well as a midwife who trained at Oxford Brookes, said: “I’m sure I wasn’t the only one to see this gap.

“I was incredibly lucky to meet my co-founder, Eviatar Natan, right as my frustration about the lack of translation of evidence into practice had peaked.

“There was a proven mechanism that could reduce injuries occurring in up to 90 per cent of vaginal births, and it was being left out of clinical pathways simply because no standardised tool existed to deliver it.”

Peripear is developing what it describes as the world’s first automated perineal thermotherapy wearable, designed to prevent perineal trauma during childbirth.

A perineal thermotherapy wearable is an emerging medical device.

It is a hands‑free warm compress device used on the perineum during the second stage of labour to reduce severe tearing and episiotomies while improving maternal comfort.

Ms van Schaick added: “I’m a farmer’s granddaughter, and when I started practising over 14 years ago, I asked: where is the tool I need to implement this evidence? I looked around and realised we were still asking clinicians to improvise.

“Peripear is what happens when the person who has lived the problem, both personally and professionally, meets the person who can help her build the solution.”





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UK bike manufacturer on brink of £30m collapse after 139 years

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The company behind bikemaker Raleigh, which was founded 139 years ago and has supplied bikes to the UK’s cycling city of Oxford over the years, has filed to appoint administrators.

Accell UK and Ireland, part of Netherlands-based Accell Group, filed a notice of intention to appoint administrators as the wider group kickstarted insolvency proceedings.

This follows a difficult spell for Nottinghamshire-based Raleigh, which confirmed job cuts in 2024 before reporting a £30m loss in financial accounts published the following year.

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The boss of Accell said it was a “deeply sad and frustrating situation” and that it had “tirelessly explored” every option for the future of the cycling business.

The company bought Raleigh in 2012 for around 100 million US dollars (£74 million), adding to its roster of bike brands throughout Europe including Haibike, Winora and Ghost.

Raleigh was founded in Nottingham in 1887 and was well-known for its Chopper model, which featured extended handlebars and is now part of its “retro” range.

It no longer manufactures bikes from Nottingham, and its head office has moved to Eastwood, Nottinghamshire, while the company has shifted to selling electric bikes under Accell’s ownership.

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Accell went through a restructuring in February, securing additional funding from shareholders and lenders and reducing debts.

The group said it had since “explored every possible avenue” for its future, including discussions with potential buyers, but that it had not been possible to find a solution which means the business can continue operating.

It has therefore initiated insolvency proceedings in the Netherlands.

Accell’s chief executive Jonas Nilsson said: “This is a deeply sad and frustrating situation given all the hard work and everything we have achieved, with the support of shareholders and lenders, to restructure Accell’s operations and finances.

“It is an especially difficult moment for our employees, creditors, customers, suppliers, and partners.

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“Every realistic option for the future of the business has been tirelessly explored, and none have resulted in a solution to continue the Group in its current form.

“Our immediate focus is to support an orderly process, provide clarity wherever possible, and work with the relevant court-appointed administrators to preserve viable activities and employment where circumstances allow.”

At its 1970s height, Raleigh employed more than 13,000 people across the UK, with around 8,000 working at its various Triumph Road sites in Nottingham.

The former factory land later became the University of Nottingham’s Jubilee Campus.

Raleigh subsequently moved its headquarters to Church Street in Eastwood, before leaving that site and relocating to Durban House in 2024.





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Rosa’s Thai is giving away 4000 free Pad Thais to students

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Celebrating both GCSE and A-Level Results Days, the chain will offer the popular dish to students who buy one of its bubble teas.

The free offer is available at all 42 Rosa’s Thai restaurants across England and Wales.

To avail of the free noodles, students need to register on Rosa’s Thai website for a unique code, which they should present at the restaurant together with a copy of their results.

Rosa’s Thai has a new range of bubble tea flavours, including Ube-Taro, Matcha-Coconut, Mango Sticky Rice, and Milo Chocolate Milk, as well as favourites like Home-brewed Thai Tea with Tapioca, and Lychee Mango with mango boba.

Students can sign up for their free Pad Thai at rosasthai.com/result-day-free-pad-thai and find their nearest restaurant at rosasthai.com/locations.





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