Applications open for the Medical Device Commercialisation Training Program 2015
Health Minister Jillian Skinner today invited applications for NSW’s second annual Medical Device Commercialisation Training Program.
Post-doctoral researchers, doctoral, PhD and masters candidates who will complete their degree in NSW this year are eligible to apply.
“It is vital we bring to market medical devices which can enhance the quality of life for people living with a range of medical conditions,” Mrs Skinner said.
“Graduates of the 2014 Medical Device Commercialisation Training Program have launched companies, raised capital from investors, engaged industry partners and – to date – have raised $1.2 million in grants to create job opportunities here and abroad.
“Little wonder I am excited to see what 2015’s applicants will bring to NSW.”
The 2015 Medical Device Commercialisation Training Program will see 20 applicants chosen to undertake a three-month program with ATP Innovations, a technology incubator with a proven record in driving the commercialisation of medical devices.
The 20 candidates will develop key skills such as entrepreneurial literacy, persistence and understanding of the process of commercialisation.
At the end of the program, some participants may be awarded educational scholarships, sponsored opportunities to explore global markets or seed capital to start their own business.
Highlights of the inaugural Medical Device Commercialisation Training Program in 2014 include:
- Sheridan Gho and Michael Weaver (University of Wollongong) developed a lymphoma sleeve which manages the painful condition of lymphoedema by actively massaging lymphatic problem areas while patients go about daily tasks wearing this portable device. The pair won a scholarship to San Francisco.
- Simon Bone (SpeeDx) developed a rapid diagnostic test for the detection of heart attacks. The test is composed solely of simple, inexpensive and highly stable DNA enzymes. The test is performed at a single temperature, ensuring its compatibility with smaller and simpler handheld instruments.
- A University of Sydney team led by Ilana Feain developed Nano-X, a simple and gentle machine which allows a patient to rotate on a custom-designed couch for radiotherapy treatment. This novel system delivers treatment at about 10% of the cost of current treatment machines.
Applications for the 2015 Medical Device Commercialisation Training Program close on June 25.
About ATP Innovations
ATP Innovations is Australia’s leading technology business incubator. ATP Innovations accelerates the growth of technology companies that target global markets, by providing advice and guidance from seasoned entrepreneurs, access to investors, customers and domain specialists, and world-class infrastructure tailored to the needs of startup companies.
The ATP Innovations Accelerator HUB is home to Startmate, Ignition Labs and university accelerator programs. ATP Innovations’ portfolio comprises over 65 companies from the software, hardware and life science sectors.
ATP Innovations is the 2014 NBIA Incubator of the Year. Awarded by the National Business Incubation Association (NBIA), the peak global body for business incubation and entrepreneurship with over 2200 members in more than 60 countries.