Southern California business accelerator OCTANe and the Greater Irvine Chamber of Commerce have struck a partnership with the Association of British Healthcare Industries (ABHI) to help businesses scout out opportunities between two regions, the organizations recently announced.
The goal is U.K. companies developing market entry and growth strategies through the technology community in Irvine and the wider Orange County area. ABHI will also support California-based companies seeking opportunities in the British healthcare market.
“This particular district of Southern California is a real health technology hub and we are actively exploring opportunities for British businesses in the area. By creating these sustainable two-way trading bridges, health tech companies can bring significant benefits to patients on both sides of the Atlantic,” ABHI CEO Peter Ellingworth said in a news release.
Bill Carpou, OCTANe’s president and CEO, added: “By connecting ideas and people with resources and capital, OCTANe has created one of the nation’s most dynamic ecosystems for driving technology growth. We are uniquely positioned to link UK companies to this environment and to help guide them as they explore this world-class marketplace.”
ABHI has been on a drive to forge more business relationships in the U.S. Last November, the association announced its Innovation Hub at that Dell Medical School at the University of Texas in Austin. The association has trade missions going to Texas, California and Pennsylvania this year.