Horizons open up for medtech funding

Applications opened on Wednesday for grants in the third round of the federal BioMedTech Horizons program.

Up to $1 million in assistance can be accessed under the initiative, which supports “proof-of-concept to commercial development” of biomedtech ideas. Grants are administered by the MTPConnect growth centre. 

According to a statement from federal health minister Greg Hunt, the round will fund projects in the three focus areas.

• Digitally enabled medical devices in mobile health, health information technology, wearable devices, telehealth and telemedicine, and digitally enabled personalised medicine.
• Implantable digitally enabled medical devices addressing unmet needs in any therapeutic area.
• General medical devices in the areas of regenerative medicine, women’s health, cardiovascular, orthopaedics, neuroscience, general surgery and oncology.

Successful applicants from round two of the program are currently being finalised. Round one has supported projects including a handheld “BioPen” 3D printer for repairing cartilage (pictured).

Picture: https://www.createdigital.org.au/tech-stem-cells-heal-joint-injuries/