We administer the Medical Devices Fund, a competitive technology and commercialisation program funded by NSW Health.
The aim of the Fund is to progress new and innovative medical devices and related technologies in NSW towards commercialisation.
NSW Health recognises that investment in developing and commercialising medical devices and related technologies in NSW is important for ensuring innovative and effective devices can enter the market and improve patient outcomes.
Funds are available to support products across a range of applications throughout the medical device product life cycle, from Technology Readiness Level 3 and up. Funded projects must be capable of potentially improving patient care, health and wellbeing, and generating economic, social or environmental benefits to NSW.
Eligible applicants can apply for a minimum of $500,000 and a maximum of $5,000,000 (excluding GST) per application.
Applications are assessed by a Subgroup and Expert Panel on a case-by-case basis against set assessment criteria. Subgroup and Expert Panel members have experience and skills in health and medical research, medical device commercialisation, financial management, clinical practice, and consumer advocacy.
Key dates
| Milestone | Date |
|---|---|
Preliminary applications open | Monday 7 April 2025 |
Information session webinars | 16 and 23 April 2025 |
Preliminary applications close | 5pm AEST Tuesday 13 May 2025 |
Full applications open | July 2025 |
Notification of outcome | December 2025 |
Application process
For more information on how to apply, eligibility and guidelines, visit NSW Government Grants and Funding.
NSW Medical Devices Fund Expert Panel
The Expert Panel consists of experts in the medtech and biotech sector who assess applications to the Fund, make recommendations on projects to be funded, provide mentoring to funding recipients, and provide advice on the delivery of the Fund. The current Expert Panel is:
- Dr Darren Saunders – Chair
- Dr Laura Faulconer – Member
- A/Prof Payal Mukherjee – Member
- Ross McCleod – Member
- Rob McInnes – Member
- Catherine Harvey – Member
- Duncan Macinnis – Member
- Ben Wright – Member
- Tim Boyle – Member
- Ian Burgess – Member
Impact showcase
View current technologies benefitting from the Medical Devices Fund and track the progress of health solutions with Health Horizons.
Funded projects
View previously funded projects: