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BioMedTech Horizons Program Now Open!

Delivered by MTPConnect, the Australian Government’s $45 million BioMedTech Horizons program is an initiative to support innovative collaborative health technologies, drive discoveries towards proof-of-concept and commercialisation that address key health challenges as well as maximise entrepreneurship and idea potential.

MTPConnect has opened a call for Expressions of Interest to identify and select a number of biological and medical technology innovation initiatives that address one of the following four priority therapeutic areas:

  1. Cardiovascular;
  2. Orthopaedics;
  3. Emergency medicine/trauma; or
  4. Ophthalmology.

Up to $1 million of funding is offered for individual projects over a two-year period.

The BioMedTech Horizons Program was one of the commitments delivered as part of the Medical Technology Association of Australia’s (MTAA) 2017 Agreement with the Commonwealth to promote the sustainability of privately insured health care through rebalancing the costs of medical devices to privately insured patients.

This funding is being delivered via the Medical Research Future Fund (MRFF), and administered by MTPConnect, the Medical Technology and Pharmaceutical Industry Growth Centre.

Investments from the program will be focused on funding proof-of-concept to commercial development of biomedical and medical technologies (biomedtech).

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