NSW Medical Devices Fund

NSW Health & Medical Research

Accelerate market readiness of your medical device innovation with funding of between $500,000 to $5 million over a 3 year period

 

The NSW Medical Devices Fund applications close on Monday 3 February 2020 at 5 pm

Dowling Consultancy –  Grant Application Service Provider

 

The NSW Medical Devices Fund aims to provide support to NSW based medical devices industry individuals, companies, public and private hospitals, medical research institutes and universities to take their local NSW innovation to market

It also seeks to increase the uptake of NSW medical devices by the health system where they are cost effective and contribute to improved patient outcomes

Since the first round in 2013, recipients of the NSW Medical Devices Fund have been awarded more than $55 million for 35 technologies. The fund invests in the development and commercialisation of medical devices and related technologies in NSW, with some past recipients later gaining high-profile investors

The Medical Devices Fund aims to provide support to individuals, companies, public and private hospitals, medical research institutes, universities and the medical devices industry, to take local NSW innovation to market

Application for support is a two-stage process:

  1. Preliminary screening submission – due 3 Feb 2020
  2. If assessed favorably, invitation to submit a detailed full application

Projects must be capable of potentially improving patient care and/or health well-being and generating, economic, social and/or environmental benefits to NSW

Funding is available for the following types of projects:

  • proof-of-concept, prototyping and piloting studies
  • manufacturing samples for product trials
  • conducting market and product assessments
  • engaging a consultant to locate other national and international trials and research relevant to the product under development
  • and conducting clinical assessments

Dowling Consultancy welcome contact from any businesses that is open to access our professional grant application services to support their submission. We are a boutique Business Development Consultancy, specialising in providing strategic guidance and assistance in relation to commercialisation of innovations, international market development and leveraging funding and grants.

We have assisted numerous businesses win grants, achieving more than $9 million in outcomes for projects totally in excess of $150 million to date. For more information, see our About Us page

Contact Steve on 0409 478 850 for a confidential, no obligation discussion about applying

Source – NSW Health & Medical Research

Download the program guidelines

Types of Projects Funded

The NSW Medical Devices Fund supports:

  • proof-of-concept, prototyping and piloting studies
  • manufacturing samples for product trials
  • conducting market and product assessments
  • engaging a consultant to locate other national and international trials and research relevant to the product under development
  • and conducting clinical assessments

Meet Our Team

Our specialist multi-cultural and multi-disciplinary Consulting Team have broad and extensive Government grant application and international business development experience. We can be your enabling arms-length resource delivering tailored assistance to you for enhancing your success

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