Eligibility: To enter you must be an Australian registered SME company with less than 100 employees and must own, or have beneficial use of, any IP necessary for commercialisation
Benefits: Winners gain entry to the business accelerator program
The ON Accelerator and ON Prime programs are run by the CSIRO with a focus on science and technology.
Eligibility: Each participating team must include one employee from a publicly funded research agency.
ON Accelerate: if you have completed Prime OR your idea proposition is at investment readiness level 3.
Benefits: funding up to $5,000 for prime, $15,000 participation budget on acceptance to Accelerate and bonus of $10,000 for high performance
Funded by MTP Connect, The Bridge Program is a consortium of 14 companies, universities and industry associations aiming to transfer practical skills on pharmaceutical commercialisation through training and direct exposure to industry practitioners. Launching in June 2017, the program will select 100 participants annually from across Australia to take part in face-to-face and online training in the scientific, legal, financial, clinical, regulatory and reimbursement disciplines that contribute to research translation and the commercialisation of medicines, as well as providing direct exposure to networking opportunities with top pharmaceutical companies operating globally.
Eligibility: Open to mid-career scientists, academics industry related professionals and entrepreneurs across Australia.
Benefits: Overseas travel scholarships valued at approximately $10,000 awarded to two participants to visit overseas pharmaceutical research facilities and develop business network.
Specifically focuses on the commercialisation of MedTech including devices, bionics, eHealth and lab equipment. Excludes pharmaceuticals unless in a drug-device combination.
Eligibility: Each team must be championed by a qualifying member who must pitch at all MedTech’s Got Talent events. To be an eligible qualifying member, applicants must be a student, faculty or staff member (or have been within the last 5 years) of a Victorian university, research institute or hospital, or a recent graduate (within 5 years) from any university and currently residing in Victoria.
Benefits: Top five contestants at the Gala Dinner win $20,000 funding. Final winning team wins $60,000 funding
The Centre for Entrepreneurial Research and Innovation (CERI) runs an intensive two-and-a-half-day boot camp teaching participants about the entrepreneurial mindset. This bootcamp is highly interactive and involves group discussion, mentoring and self-reflection. The two-and-a-half-days conclude with a talk from a guest entrepreneur who will reinforce the messages featured over the course of the boot camp with their experiences and insights.
Eligibility: To be eligible to apply for the CERI Programme you must be affiliated with a WA university or research institute, at Honours level or above. All fields and disciplines are accepted.
Benefits: Participants become CERI alumni and have access to a wide network of mentors and CERI events with other alumni.
The Spark Co-Lab Design Course sees participants take part in clinical observations in order to find unmet needs, develop their ideas in multidisciplinary teams and turn it into a prototype medical device and start up. Applicants do not bring IP to the course but create it as part of the course.
Eligibility: Senior professionals or students in the areas of medicine, engineering, business or science
Benefits: Large mentor network, idea and team development, understanding of how to fit into the MedTech value chain. Last year’s winners received seed funding from Hydrix.
Run by Curtin University, Curtin Accelerate is a free 10-week program offering personalised mentoring from specialists in digital marketing, business growth, intellectual property and finance to help build and improve their idea for commercial success.
Eligibility: Curtin students, staff members and graduates
Benefits: $5,000 seed funding, co working space and mentoring
Run by Cicada Innovations, the Medical Device Commercialisation Training Program is focused on commercialisation of medical technologies through three courses.
Ignition Core is an intensive 12 week program customer discovery and business model development.
Ignition Health follows a similar path but with a more practical approach and smaller time commitment.
Ignition IP is a one day course specific to medical device IP management.
Eligibility: NSW based postgraduate researchers, clinicians and PhD candidates are encouraged to apply to Ignition Core and must have demonstrated interest in medical device innovation and access to IP of their own.
Ignition Health and Ignition IP courses are open to NSW based clinicians, researchers, undergraduate and postgraduate students interested in medical technology commercialisation.
Benefits: Promising candidates offered scholarships, seed capital and sponsored opportunities to explore global markets.
Run by iLab at the University of Queensland, the Germinate accelerator focuses on early stage start ups across all industries
Eligibility: Start Ups where the key founders are UQ Undergraduate and Postgraduate students (including MBA’s), Researchers and UQ recent alumni.
Benefits: Successful applicants receive $7,500 funding
Innovyz is a 9 month commercialisation program. They are currently running a course focused on Waste and Recycling however also focus on:
- Health & Wellness
- Advanced Manufacturing
- Food and Agri
- Waste and Recycling
Eligibility: If you have an idea, product, service or technology you want to commercialise.