Medical Devices Fund

Expressions of interest to join the Medical Devices Fund Expert Panel are now open.

The Office for Health and Medical Research is seeking experts in the medtech and biotech sector to join the Expert Panel to 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 Office is seeking people with experience in the following areas:

• Entrepreneurs and founders with startup through to listing experience

• Sector experience in medium to large medtech companies

• Investment experience including private (such as venture capital) and/or public (such as grant program expertise)

• Clinical experience in working with medical devices

• Medical device technical or scientific expertise

• Expertise in key commercialisation steps, such as intellectual property protection, regulation, reimbursement, or clinical trials

• Customer advocacy.

Expressions of interest close at 5pm AEDT Monday 3 February 2025.

Learn more about the requirements and how to apply

About the Program

• The Medical Devices Fund (the Fund) is a competitive technology and commercialisation program funded by NSW Health and administered by the Office for Health and Medical Research (OHMR). 
• 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 (TRL) 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.