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Medical Devices Fund

A competitive technology development and commercialisation program.

Applications for Round 12 of the Medical Devices Fund are now closed. 

For further information please refer to the Program Guidelines 2024, below.  

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 Sub Group and Expert Panel on a case-by-case basis against set assessment criteria. Sub Group 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

Key dates
Call for preliminary applications Tuesday 20 February 2024 
Preliminary applications close 9am AEDT Tuesday 2 April
Fund Sub Group meets April/May 2024 
Fund Expert Panel meets May/June 2024 
Invitation to submit full application June 2024 
Full applications close July 2024 
Fund Expert Panel meets August 2024 
Interview with Fund Expert Panel September 2024 
Notification of outcome October 2024 

Guidelines and application form

For eligibility, assessment criteria, and information on how to make an application, download the guidelines. 

Applications for Round 12 closed onTuesday 2 April 2024 at 9:00am AEDT. Late applications will not be accepted. All applications must be submitted electronically to MOH-OHMRGrants@health.nsw.gov.au

  • Medical Devices Fund Preliminary Application Form - Round 12, 2024-25

    DOCX - 369 KB

  • Business Model Canvas (blank)

    DOCX - 146 KB

Tips for applicants

  • A recording of the  online information session  held on Monday 4 March 2024 is below.  
  • Recordings of previous information sessions and other educational resources are also linked below.

 

Watch the following video to understand the Medical Devices Fund eligibility criteria.

Watch the following video to understand what evidence and/or trial information you need to provide.

Watch the following video to understand what you need to address from an IP perspective.

Watch the following video to understand what you need to address in your regulatory plan.

Watch the following video to understand the importance of having a reimbursement strategy.

Watch the following video to understand the importance of building a well-rounded team.

Watch the following video to understand the Medical Devices Fund Business Canvas Model as part of your application.

Previous recipients

2023 Recipients 

The recipients of round 11 funding in 2023 were announced on Thursday 9 November at Parliament House.

Read more about the 2023 Medical Devices Fund Announcement

2022 Recipients 

The Medical Devices Fund celebrated its 10th anniversary on Thursday 10 November 2022.

Read more about the 2022 Medical Devices Fund Announcement

2021 Recipients

Watch the 2021 Medical Devices Fund recipients tell their stories below.

Search the directory for project summaries by topic areas of interest, find and follow the latest health and medical innovations or search for the brochures of previous Medical Devices Fund recipients.

Search the project directory

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Technologies benefitting from the Medical Devices Fund

Impact showcase - technologies benefitting from the Medical Devices Fund

View current technologies benefitting from the Medical Devices Fund and track the progress of health solutions.

Updated 3 months ago