Health companies, particularly start-ups and small to medium-sized enterprises (SMEs), need specialised lab space that supports research, development and collaboration.
Here are some key considerations when choosing lab space for your health innovation business.
Access to high-quality lab and research facilities
Health innovation companies often need more than traditional office space – they require fully equipped labs and research facilities to conduct their work. Look for spaces that include the specific lab facilities your business requires, whether it’s for biomedical research, testing, product development or prototyping.
Shared lab spaces that house other health innovation businesses can also foster collaboration and knowledge-sharing.
Other considerations include office/lab combinations, that provide the benefits of lab space for research and an adjoining office space to record results.
Proximity to health innovation networks and universities
Location is crucial, particularly in the health innovation sector. Being near universities, research institutions and innovation hubs provides access to academic expertise, cutting-edge knowledge and collaborative opportunities.
In West Yorkshire, for example, businesses can benefit from proximity to the University of Huddersfield’s National Health Innovation Campus, with a new health and wellbeing innovation centre set to be complete in 2026 that will house offices and labs. Such locations connect businesses to valuable resources, enabling the development of innovative solutions and new market opportunities.
Flexible leasing options
Start-ups and growing SMEs need flexibility to adapt to changing needs. Flexible lease terms are essential, allowing companies to scale their lab space as they grow or adjust based on project demands. Look for spaces that allow for relocation or expansion within the same facility.
Business support services
Beyond physical spaces, many lab providers offer additional business support services to help health tech companies thrive. These may include mentorship, networking opportunities, business coaching, meeting and event space and access to funding or grants.
For instance, the 3M BIC in Huddersfield, alongside initiatives such as the Huddersfield Health Innovation Partnership and Kirklees Council’s Thrive programme for start-ups, provide tailored business support and connections to networks within the health and wellbeing sector. Such resources can be invaluable in navigating the complexities of the health innovation industry and driving growth.
Collaborative and innovative community
Innovation flourishes in environments that encourage collaboration. Look for lab spaces that foster a sense of community among businesses, researchers and industry experts. Many facilities host networking events, workshops and seminars that promote idea-sharing and partnerships.
Affordability and cost-effectiveness
While cost shouldn’t be the sole consideration, affordability is essential, particularly for startups and SMEs. Seek out spaces that balance quality with cost-effectiveness, offering high-quality facilities at competitive prices.
Centres like the 3M BIC in West Yorkshire provide excellent value, offering access to state-of-the-art facilities at a fraction of the cost compared to larger cities like London or Manchester.
Selecting the right lab space is a crucial decision that can significantly impact your company’s growth. Considering things like high-quality facilities, proximity to research networks, flexible leases, business support, a collaborative community and affordability, will enable you to find an environment that suits you and supports your growth and success.
The 3M BIC has lab space, including office/lab combinations, suitable for health and wellbeing companies to innovate and collaborate. Find out more here.