Safetytech Accelerator joins forces with Discovering Safety to build a Smarter Regulation Sandbox16/01/2024
London – January 16th, 2024. We are pleased to announce our continued collaboration with Discovering Safety, a programme delivered by the Health and Safety Executive (HSE), Great Britain’s health and safety regulator. Safetytech Accelerator is once again partnering with Discovering Safety for a project aimed at fostering collaboration between regulators, industry stakeholders, and technology companies to explore the potential of new technologies to improve health and safety performance.
The ‘Smarter Regulation Sandbox (SRS)’ will demonstrate how digital technology can enhance accessibility to health and safety regulatory information accelerating compliance, improving efficiency and productivity, and reducing regulatory burdens on industry, whilst supporting innovators to bring emerging digital products to market.
The Sandbox, featuring participation from regulatory organizations, industry, and technology providers, aims to create an innovation-friendly environment. The project will provide:
- Industry with increased assurance, confidence, and clarity on compliance
- Regulators with a pro-innovation environment to trial smarter interventions
- Tech companies with access to and utilization of smarter regulatory information
The SRS carries on the good work done in the world’s first Industrial Safetytech Regulatory Sandbox which concluded in September 2023 and proved an effective way to share expert knowledge from research in a collaborative and innovative environment using a Sandbox approach. This project benefitted all parties involved by providing a safe space to explore opportunities for improvements, identify barriers to adoption and suggest how they might be overcome.
The project has been made possible through funding won from the Knowledge Asset Grant Fund (KAGF), run by the Government Office for Technology Transfer (GOTT) and funded by the Department for Science, Innovation and Technology (DSIT). Innovate UK is administering this competition on behalf of GOTT.
Helen Balmforth, Discovering Safety lead and Head of Data Analytics at Health and Safety Executive told us that: “Regtech has the potential to improve the ability of workplaces to comply with health and safety regulations and improve health and safety outcomes but a host of barriers to adoption including regulation, are stifling this opportunity and the adoption of technologies in the workplace. This is, ultimately what we are looking to change. Addressing these barriers requires regulators, innovators and industry to work together to promote and stimulate emerging technology.”
Maurizio Pilu, Managing Director of Safetytech Accelerator said, “We are thrilled to build upon the success of our previous Sandbox collaboration with HSE as we embark on the journey of launching a second one aimed at exploring how smarter regulation can lead to more efficient and effective compliance and increased efficiency, productivity and safety in safety-critical industries. “
We’ll be sharing the project outcomes here on our website, and on LinkedIn. Follow us for further announcements.
About Safetytech Accelerator
Safetytech Accelerator, established by Lloyd’s Register, is the first fully dedicated technology accelerator focused on advancing innovation in safety critical industries, with a mission to make the world safer, more resilient, and more sustainable through the wider adoption of technology.
About Discovering Safety
Discovering Safety is a groundbreaking project being delivered by the Health and Safety Executive (HSE) and partners including Safetytech Accelerator. Funded by Lloyd’s Register Foundation, it aims to improve health, safety and operational performance through the use of innovative data and analytical techniques. It has developed and is delivering a programme of work which includes industry-endorsed, proof-of-concept applications, based on insights from HSE and other data partners. Discoveringsafety.com
About The Health and Safety Executive
The Health and Safety Executive (HSE) is Britain’s national regulator for workplace health and safety. We are dedicated to protecting people and places, and helping everyone lead safer and healthier lives. Our role goes beyond worker protection to include public assurance. We work to ensure people feel safe where they live, where they work and, in their environment. Hse.gov.uk