The Program offers grants of up to $1.5m (1:1 funding for grants of between $1,000,001 - $1,500,000), with an aim to support early clinical development of medical devices with commercial potential. The three-phase application process starts with an expression of interest submission due by 7 October 2022.
Applicants must be:
- registered Australian based business
- incorporated in Australia
- have an Australian Business Number (ABN)
- have less than 200 employees.
Eligible projects include those developing medical device hardware for human use. Hardware innovations should be intended to diagnose, prevent, monitor, treat or alleviate a disease or injury, or modify or monitor anatomy or physiological functions of the body.
Device capability must have been validated through research and/or preclinical studies, and projects must be at Technology Readiness Levels of TRL 4, TRL 5 or TRL 6 at project commencement.
Full program details can be found here.
Please contact the Government Grants team to discuss your project and the application process.