NSW Health
Commercialisation
Training Program
Who is it for
The NSW Health Commercialisation Training Program is open to researchers, scientists, clinicians, entrepreneurs, intrapreneurs and those in the health sector who are working on a novel medical device, diagnostic or therapeutic product, or a software that is considered a medical device.
About the program
The NSW Health Commercialisation Training Program has been designed by leading experts to nurture innovative, early stage health tech solutions, and help innovators to build sustainable businesses in NSW.
With this program, NSW Health is investing in the people of NSW who are driving innovation in the medical and health sector. They are committed to helping innovators to build their skills and knowledge on how to commercialise innovations successfully, form stronger networks across the state, and nurture novel medical technology.
The program, run by Cicada Innovations, aims to fast-track innovative ideas that will revolutionise the healthcare sector, improve patient outcomes, and provide economic opportunities for emerging health tech business.
One of the benefits of the program is that it has been created to meet you at the stage that best suits you. This allows you to join at any point of the program, depending on the stage of your health innovation.
What's involved
The Program is broken up into three key stages:
Getting Started in health tech
Time to Validate your health tech idea
Time to Grow your health tech business
This flexible approach means you can complete the program in its entirety or join specific courses most relevant for your stage in the journey.
This allows you to learn at your own pace and structure your learning around a timeline which works for you and your idea.
1. Getting started
If you're just getting started, the program offers an online course and seminars to build your foundational commercialisation knowledge and skills.
Medtech Foundations
Where: Online
Key Dates: Anytime
This online learning course takes you through the building blocks of establishing a successful medtech or biotech business in NSW. Each lesson is taught by an industry leader and features case studies, useful resources, and activities to apply your learning.
Start learningOne Day Seminars
Key dates:
Introduction to Intellectual Property: Tuesday, 13th August 2024
Regulatory Affairs: Tuesday, 27 August 2024
Clinical Trials: Tuesday, 28th August 2024
Navigating the Healthcare System: Tuesday, 10th September 2024
Where: In person at Cicada Innovations and online
We offer four full day seminars covering key topics essential to consider on your commercialisation journey. Each seminar is delivered by industry and healthcare experts covering the following topics:
Find out more2. Time to validate
Validate your idea with peers and experts with our in-depth courses that will help you take your entrepreneurial skills to the next level.
Customer Discovery Course
When: Every Thursday, 9am - 5pm, from 8th August to 19th September 2024
Where: Delivered in person and online
Over 7 weeks (one day per week), you will learn about the importance of Customer Discovery. This is a customer-centric, scientific process that provides evidence to assumptions you have made about your product or business model. You will work interactively in small groups to learn how to conduct stakeholder interviews to gather data and insights to build out a business model. You will receive feedback from experts in this sector.
Express your interest in attending the next round.
Find out moreBusiness Fundamentals Course
Where: In person at Cicada Innovations and online
When: 5th - 7th November 2024
This three-day course provides practical advice to establish and set up your health tech business for success. From forming and structuring your company to building a great team, you will walk away with the knowledge of how to build and run a sustainable health tech business.
Express your interest to attend in the next round
3. Time to grow
Deep dive into your specific sector and walk away with new connections and strategies to accelerate your growth.
Specialisation Courses
Where: In person at Cicada Innovations and online
Health tech innovation covers many types of health and medical solutions, from physical devices to software and diagnostics. In the three-day 'Specialisation' courses you will learn how to take your sector specific solution to market and how to ensure the product is both compliant and successful.
The Specialisations Courses dates are:
Therapeutics | 9 - 11 April 2024 | Sydney University School of Pharmacy
Medical Devices | 30 April - 2 May 2024 | Mark Flynn
Diagnostics | 7 - 9 May 2024 | Pathology Technology Australia
Software as a Medical Device | 28 - 30 May | ANDHealth
About NSW Health
NSW Health is supporting the medical and health sector by investing in their people to build capacity, form stronger networks across the state and nurture innovative medical technologies through the NSW Health Commercialisation Training Program.
The Program aims to fast-track innovative ideas that will revolutionise the healthcare sector, improve patient outcomes, and provide economic opportunities for emerging medtech and biotech businesses in NSW.
Visit the NSW Health and Medical Research website for information on key programs and initiatives.
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