Medical Devices Fund Round 12
Closes 29th March 2024
Objective:
To help encourage and support investment in the development and commercialisation
of medical devices and related technologies in NSW.
Eligible Expenditure:
- device development, including proof-of-concept, prototyping, and piloting studies
- manufacturing samples for product trials
- clinical assessment
- engaging a consultant to locate other national and international trials and research relevant to the product under development
- business planning, including conducting market and product assessments
- intellectual property management
- commercialisation
- capital raising
Grant Funding:
- $500,000 to 5 million (excluding GST) per application
Eligibility:
Eligible organisations include public and private hospitals, medical research institutes, universities, start-ups and established small-to-medium enterprises (SMEs).
Applicants must be:
- A financially viable company or commercial enterprise with:
- the parent company based in NSW (e.g., location of manufacturing jobs, headquarters based in NSW, NSW investment) and able to provide evidence that the proposal connects and benefits NSW
- an Australian Business Number (ABN)
- typically an annual turnover of less than $25 million
- a legal entity; or
- An individual based in NSW who agrees to form such an entity so that NSW Government can enter into legally binding funding agreements;
- A NSW public research organisation applying through its appropriate technology transfer office, or the CEO or equivalent of the research organisation.
To learn more about how our Grants & Innovation Advisory Team can help support your grant applications please contact us on 03 9325 6300 or info@matsteer.com.au