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Grant Award View - GA37282
Hera, a next generation hearing implantto revolutionize hearing
GA ID:
GA37282
Agency:
Department of Industry, Science and Resources
Approval Date:
14-Jan-2019
Publish Date:
22-Mar-2019
Category:
Business Development
Grant Term:
20-Mar-2019 to 30-Nov-2025
Value (AUD):
$882,645.50
(GST inclusive where applicable)
One-off/Ad hoc:
No
Aggregate Grant Award:
No
PBS Program Name:
DISR 18/19 Growing Business Investment & Improving Business Capability
Grant Program:
Entrepreneurs' Programme – Accelerating Commercialisation
Grant Activity:
Hera, a next generation hearing implantto revolutionize hearing
Purpose:
Hemideina has developed the Hera Wireless Implant, a 2–component implant: in–ear bud sound processor and an implantable cochlear electrode that communicates wirelessly. The device targets the cochlear implant market worth $1.8bn. The Hera Wireless Implant replaces the external components of the current treatment, removing the associated lifestyle, usability and aesthetics frustrations of current users. The device is low–powered and produced at lower cost, addressing the challenges of battery life and cost. Hera's proprietary sound processing methods are core to this device. Entrepreneurs' Programme commercialisation support will be used to help commercialise this product and achieve equity investment.
Internal Reference ID:
AC73067
Selection Process:
Open Competitive
Confidentiality - Contract:
No
Confidentiality - Outputs:
No
Grant Recipient Details
Recipient Name:
HEMIDEINA PTY LTD
Recipient ABN:
43 617 311 494
Grant Recipient Location
Suburb:
MELBOURNE
Town/City:
West Melbourne
Postcode:
3000
State/Territory:
VIC
Country:
AUSTRALIA
Grant Delivery Location
State/Territory:
VIC
Postcode:
3003
Country:
AUSTRALIA