Launching the Westfield Health Enterprise Hub

We’re committed to developing and investing in solutions to help people confidently take control of their health and wellbeing.

Following our recent office move and in line with our business strategy we are creating a hub for health and wellbeing in the heart of Sheffield.

As part of this, we’ve created three ‘incubator hub’ offices to support health and wellbeing start-ups.

We’re now calling on health and wellbeing start-ups to register their interest in partnering with us.

A flexible and personalised partnership

As a partner you could expect to benefit from wide ranging tailored support that meets the needs of your business. This could include any combination of the following.

Office space within Westfield Health’s new headquarters in the heart of Sheffield

Access to our network of partners, all with experience of running a business and/or supporting new and early stage start-ups

Potential investment by Westfield Health

Access to a range of strategic business help, support and advice from the Westfield Health team

Westfield Health reception
Westfield Health customer counter

A wealth of experience from us and our partners

We have worked closely with, amongst others, the Advanced Wellbeing Research Centre, Sheffield Hallam University, Business Sheffield, The University of Sheffield and the Yorkshire & Humber Academic Health Science Network, as well as a number of other locally based business specialists.

Our relationship with these organisations could give you the advice and support needed to make your business successful. We can ensure that you get the right introductions to partner organisations or individuals, depending on your needs.

The support we provide could also be technical, for example. HR, financial planning, leadership and management training or specialist areas such as sales, IT and marketing.

Apply today to make our shortlist

Simply complete an application form, return it to us by the end of December and we'll let you know if you have been shortlisted to come and present your proposal to us.

As part of the application we'd like you to write a brief overview of your business including what product or service you provide, how you came to develop it, and how you think a partnership with Westfield Health could help you.

If you have any questions feel free to contact us on hw-startups@westfieldhealth.com.

How to apply

1. Complete the application form and return it to us by the end of December 2016

2. In the new year we will review all applications

3. Shortlisted applicants will then be invited to present their proposals at our new Westfield House headquarters

We're passionate about looking after people

Westfield Health is one of the UK’s leading not for profit health insurance providers. We're committed to developing and investing in solutions to help people confidently take control of their health and wellbeing.

Established in 1919, we have 400,000 customers throughout the UK and more than 8,000 organisations operate a Westfield Health plan for their employees. Through the Westfield Health Charitable Trust, we support NHS and medically related charities in communites across the UK, donating £13m over the last 20 years.

As a Tier One partner of the Advanced Wellbeing Research Centre, based at the Olymic Legacy Park, we're championing a fresh and holistic approach to wellbeing at work and at play. Our range of innovative healthcare solutions focuses on both treatment and prevention for the body and mind.

Customer care representative

Your partnership agreement

The potential support we can offer is wide ranging. And we understand that each potential partner will have differing needs; whether it is access to our established distribution network, financial investment or strategic business support.

The important thing is that we want to tailor the support to the needs of our potential partners. Therefore, each partnership agreement will be unique.

FAQ's

What do I have to do to apply?

Simply complete an application form, return it to us by the end of December and we’ll let you know if you have been shortlisted to come and present your proposals to us.

 

Is there a limit to the number of partnerships available?

Not necessarily, we have three ‘incubator hub’ offices, however, a partnership doesn’t necessarily mean you have to be based in Westfield House, we’re happy to discuss other options where we see the value in a future partnership.

What could these other options look like?

The following are some hypothetical examples of the form different partnerships could take.

Scenario 1:

Company A takes up tenancy in one of the three incubator hubs, fully furnished with Wi-Fi access, on a rent free basis for a period of 2 years. Company A has access to Westfield’s established distribution network, in exchange for 2 or 3 days services for Westfield Health, per month.

Scenario 2:

Company B opts for a co-working space within one of the fully furnished incubator hubs, along with Company C and D. Company B could receive a financial investment in their busines in exchange for an equity stake. Companies C and D may negotiate different partnership arrangements, eg access to Westfield's distribution network as part of a commission based distribution agreement.

Scenario 3:

Company E do not require office space. They negotiate a financial investment as well as technical support (including HR, financial planning, and sales and marketing consultancy). In exchange they provide consultancy service to Westfield which benefits Westfield’s future product development.

 

Who is in your network of partners and what does the support available look like?

We have worked closely with, amongst others, the Advanced Wellbeing Research Centre, Sheffield Hallam University, Business Sheffield, The University of Sheffield and the Yorkshire & Humber Academic Health Science Network, as well as a number of other locally based business specialists.

Support could be technical, e.g. HR, financial planning, leadership and management training or in specialist areas such as sales, IT and marketing. We can also ensure that you get the right introductions to partner organisations or individuals, depending on your needs, e.g. you may want legal or accountancy support.

 

How long is the office space available for and on what terms?

The office space can be available for between 0-2 years, the duration can be discussed and agreed with individuals as the process progresses. The office is fully furnished, with Wi-Fi access and we would not expect the selected partners to make a contribution to running costs other than providing their own laptops, phones and PC’s.

 

Will Westfield take equity stakes in partner businesses?

Possibly. This will form part of discussions with potential partners once we have progressed beyond the initial application stages. There may be other types of investment that are considered too and how this works can only be agreed once more detailed discussions commence with potential partners.

 

How will IP (Intellectual Property) be managed?

IP owned by the partner will remain the property of the partner, with the partner granting a licence to Westfield to use such items as may be relevant to the relationship for the duration of the partnership.

 

Can partners work with other businesses during the term of this agreement?

Yes, however we would not expect the partner to work with businesses in direct competition with Westfield.

 

I am a Westfield Health policyholder, will this affect me or my policy?

No. We are committed to developing and investing in solutions to help people confidently take control of their health and wellbeing. We will only invest in ventures that we are confident will help us to deliver this commitment to customers now and in the future.