The Medtech Actuator Accelerator ProgramOverview
This program aims to build, connect and optimise Australia's medtech performance by priming, augmenting, and developing a State-based innovation ecosystems through a nationally-focused strategy.
The program will take up to ten startups (per intake) on an intense 15 month journey consisting of:
- Two month intensive kick-start sprint
- Four month tailored, mentor-driven development
- Nine month market-focused scale-up
At the seed equity investment, the cost of capital is 1% equity for every $10,000 provided, up to a maximum of $200,000. Regardless of the size of the investment, either 5% (partner) or 7.5% (non-partner) will also be taken for participation in the program. They must be formally nominated by the organisation.
Eligible applicants include startups in Australia.
- Research & Development
- Business Support