The Medical Devices Fund provides grants to drive the commercialisation of highly innovative new devices and technologies in NSW, addressing gaps in the product life cycle between early-stage research and mature investment opportunities.
The Medical Devices Fund aims to:
- Support individuals, companies, public and private hospitals, medical research institutes, universities, other public sector research organisations, and the medical devices industry, to take local innovation to market
- Increase the uptake of NSW medical devices that are cost effective and contribute to improved patient outcomes.
For Round 14, applicants with projects that address the following NSW Health Research and Innovation Strategy aligned priorities are encouraged to apply:
- Women’s Health
- Female Entrepreneurs
- Aboriginal Health
Applicants with projects that do not address the above priorities are also able to apply.
The program funds project activities used for any purpose that meets the objectives of the program, subject to the exclusions below.
Examples of activities that can be funded include:
- device development, including proof-of-concept, prototyping, and piloting studies
- manufacturing samples for product trials
- clinical assessment
- locating other national and international trials and research relevant to the product under development
- business planning, including conducting market and product assessments
- intellectual property management
- commercialisation
- capital raising
Key Dates:
Preliminary applications close: 9 June 2026, 5:00pm AEST
Full applications for this grant are by invitation only.
Notification of final outcomes: February 2027