The Purple Plaque will be unveiled for Dr Katerina Spranger, an Oxford engineering alumna, at the University of Oxford.
The ceremony will took place at the Department of Engineering Science at 2pm on Friday, November 15.
Dr Spranger's plaque commemorates her achievement as a recipient of the Innovate UK Women in Innovation Award.
Dr Spranger stated: "Oxford was the springboard from which Oxford Heartbeat was founded, so I am proud to have this award displayed at my alma mater.
"I hope it will inspire future generations of women to start their own business or get involved in groundbreaking science research."
Oxford Heartbeat has developed PreSize Neurovascular, an AI-powered medical software suite that aids in the real-time planning of brain implant surgeries.
This software helps surgeons select the most suitable implant for each patient, thereby significantly improving patient outcomes.
Dr Spranger's journey to becoming an award-winning entrepreneur began during her time at Oxford, where she modelled implanted medical devices for her research.
She also undertook a course on Science Innovation at the Saïd Business School, which taught her the Lean Startup methodology.
Dr Spranger said: "The course at Saïd equipped me with crucial knowledge that helped me to envision what I wanted Oxford Heartbeat to become.
"There are so many amazing engineering technologies that might never be used in the real-world setting if they are not fit for purpose, so it was important to learn how to respond to user needs and the changing market circumstances.
"At Saïd I realised that in order to succeed, engineering companies must be built to be agile and adaptable."
Dr Spranger joins a network of over 200 Innovate UK Women in Innovation Award winners who are creating solutions to pressing societal, environmental, and economic challenges.
The Women in Innovation Award was established to enhance the recognition of women in STEM (Science, Technology, Engineering, and Mathematics) fields and to inspire more girls to pursue these subjects.
Currently, only 35% of girls study STEM subjects beyond GCSE, highlighting a significant gender imbalance in these areas, which impacts both education and industry.
In response to this imbalance, Innovate UK (part of UK Research and Innovation) launched the Purple Plaques scheme in 2019.
These plaques serve as a lasting source of inspiration to future innovators and scientists.
Dr Spranger also recently received the prestigious Princess Royal Silver Medal from the Royal Academy of Engineering, in recognition of her significant contribution to UK engineering.
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