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Grant Award View - GA176347
Novel Biosensor for Fetal Monitoring During Childbirth
GA ID:
GA176347
Agency:
Department of Industry, Science and Resources
Approval Date:
17-Jun-2021
Publish Date:
7-Jul-2021
Category:
Business Development
Grant Term:
6-Jul-2021 to 9-Jul-2027
Original: 6-Jul-2021 to 18-Sep-2022
Value (AUD):
$515,180.60
(GST inclusive where applicable)
Variations:
- GA176347-V2 - Correction to grant award details (15-Jul-2022 )
- GA176347-V1 - Correction of end date (5-Aug-2021 )
One-off/Ad hoc:
No
Aggregate Grant Award:
No
PBS Program Name:
DISR 21/22 Growing innovative & competitive bus, industries & regions
Grant Program:
Entrepreneurs' Programme - Accelerating Commercialisation
Grant Activity:
Novel Biosensor for Fetal Monitoring During Childbirth
Purpose:
VitalTrace has developed a novel biosensor device providing reliable real time information about fetal oxygenation and wellbeing during childbirth, allowing Obstetricians to make more precise and rapid clinical decisions during labour, preventing babies from hypoxic brain injury and mothers from unnecessary surgical intervention. Accelerating Commercialisation support will help VitalTrace to de-risk the device from an IP, market, regulatory and clinical perspective in order to achieve a commercially attractive device and allow for a Series A capital raise. A successful project will set VitalTrace up to raise significant investment to bring this novel device to market.
GO ID:
GO Title:
Entrepreneurs' Programme - Accelerating Commercialisation
Internal Reference ID:
ACGRANT000188
Selection Process:
Open Non-competitive
Confidentiality - Contract:
No
Confidentiality - Outputs:
No
Grant Recipient Details
Recipient Name:
VITALTRACE PTY LTD
Recipient ABN:
68 618 397 023
Grant Recipient Location
Suburb:
WEMBLEY
Town/City:
WEMBLEY
Postcode:
6051
State/Territory:
WA
Country:
AUSTRALIA
Grant Delivery Location
State/Territory:
WA
Postcode:
6014
Country:
AUSTRALIA