Skip to main content
The Institution of Engineering and Technology iet.tv
Site name
  • Videos
  • Channels
  • Events
  • Series

Access and Account

Access your personal account

Log in to see your favourites, lists and progress.

IET Login

Access via institution

Not currently connected to any institutions

Connect via

Access Code

Redeem Access Code
Log in to redeem access code
  1. Videos
  2. Video

The Evidence Space #12: Making your idea a reality: funding new innovation

  • WhatsApp
  • Facebook
  • Email
  • LinkedIn
  • Bluesky
CPD This content can contribute towards your Continuing Professional Development (CPD) as part of the IET's CPD Monitoring scheme.
Presentation
  • Duration: 24 mins
  • Publication date: 03 Nov 2021
  • Part of series The Evidence Space Podcasts

Abstract

This is part twelve of The Evidence Space episode: Making your idea a reality: funding new innovation with guests Dr Ronjon Nag and Martin Hunt.

Throughout this series we've learned about the various steps that are involved in developing and validating new innovations for health care and life sciences.

Many of these activities can take a significant amount of time bringing with them an equally significant cost. So, how do you fund these activities and sustain a business until you start generating revenue?

To help us answer these questions and discuss more around the topic of funding, we spoke with Dr Ronjon Nag and Martin Hunt. They both have a wide range of experience in different facets of investment including cutting edge applications such as artificial intelligence and regenerative medicine. Listen to our episode to find out how to innovate in this space and understand where specific policies and societal needs exist.

Keywords:
  • Making your idea a reality: funding new innovation
  • ai
  • artificial intelligence
  • artificial intelligence and regenerative medicine
  • cutting edge applications
  • cutting edge technology
  • dr peter bannister
  • dr ronjon nag
  • funding healthcare funding
  • healthcare advice
  • healthcare challenges
  • healthcare cost
  • healthcare innovations
  • healthcare investors
  • healthcare podcast
  • healthcare technologies
  • managing risk
  • martin hunt
  • new innovations for health care
  • the evidence space
  • the evidence space podcast

Channels

Healthcare
Healthcare

Healthcare

Sectors
Sectors

Sectors

Speakers

  • Ronjon  Nag

    Ronjon Nag

    Ronjon Nag is founder of R42 Group and is an Interdisciplinary Distinguished Careers Institute Fellow at Stanford University where he teaches courses for AI in healthcare. He has invented and deployed artificial intelligence systems for over three decades. He received a PhD in engineering from Cambridge, an MS from MIT, the IET Mountbatten Medal at the Royal Institution, and was a Harkness Fellow at Stanford University. Companies he has co-founded or advised have been sold to Motorola, BlackBerry, and Apple.
  • Martin Hunt

    Martin Hunt

    Martin has over 35 years’ experience in the life science industry, with executive and NED roles in large multi-nationals, SMEs and public companies. During 15 years in international Medtech companies, he had senior roles in sectors including ophthalmic surgery, wound management and chronic care. He joined Tissue Science Laboratories as Chief Executive in 1999 and led the company from a start-up, through angel funding, a listing on the AiM market in 2001 through to trade sale in 2008.
The Institution of Engineering and Technology iet.tv

Address: Futures Place, Kings Way, Stevenage, SG1 2UA

Telephone: +44 (0)33 049 9123

Email:  iet.tv@theiet.org

© 2026 The Institution of Engineering and Technology.

The Institution of Engineering and Technology is registered as a Charity in England & Wales (no 211014) and Scotland (no SC038698). Futures Place, Kings Way, Stevenage, Hertfordshire, SG1 2UA, United Kingdom

  • LinkedIn
  • Instagram
  • YouTube
Privacy statement Cookie Preferences Accessibility About us theiet.org Help

Powered by Cadmore Media

Embed Code

<script type="text/javascript" src="https://play.cadmore.media/js/EMBED.js"></script> <div class="cmpl_iframe_div"> <iframe src="https://play.cadmore.media/Player/082dceb2-4cc0-4f10-bbed-3724953b6be8" scrolling="no" allowtransparency="true" allowautoplay="true" frameborder="0" allow="encrypted-media;autoplay;fullscreen" class="cmpl_iframe" allowfullscreen="" style="overflow: hidden;border: 0px; margin: 0px; height: 100%; width:100%;"></iframe> </div>

Are you sure you want to reset your password?

If so, you will be redirected to the Authentication Service

Title

Prompt