Current Grant Opportunity View - GO6617
Medical Research Future Fund 2024 BioMedTech Incubator grant opportunity
The 2024 BioMedTech Grant Opportunity is part of the Medical Research Future Fund and the Medical Research Commercialisation Initiative.
This opportunity looks to fund suitable organisations to identify, select and support Australian SMEs undertaking early-stage medical research and medical innovation projects that have commercial potential.
The intended outcome of the research funded by this grant opportunity is to improve the health and wellbeing of Australians by increasing the number of SMEs developing novel biomarkers, diagnostics, therapeutics, assistive devices and/or digital technologies that have progressed through the early stages of research and development to the point where they are ‘de-risked’ and attractive to private investment for commercialisation.
Applicants may propose to support development of innovations in their area/s of strength (i.e. applicants are not required to propose a program that covers the breadth of the biomedtech sector).
You can apply if you:
- have an Australian business number (ABN)
- are incorporated in Australia.
You must also be one of the following:
- a medical research institute
- a university
- a corporate Commonwealth entity
- a corporation (including businesses and not for profits).
You can’t apply if you are:
- an individual
- a partnership
- an unincorporated association
- any organisations not included in section 4.1 of the grant opportunity guidelines
- a trust (however, an incorporated trustee may apply on behalf of a trust)
- a non-corporate Commonwealth entity
- an organisation, or your project partner is an organisation, included on the National Redress Scheme’s list of Institutions that have not joined or signified their intent to join the Scheme
- an employer of 100 or more employees that has not complied with the Workplace Gender Equality Act (2012).
Partner with other organisations
You can partner with one or more other organisations, but you must decide who the lead organisation is.
The lead organisation must fill out the application form.
If we give your group the grant, the lead organisation:
- signs the grant agreement
- receives grant payments
- is responsible for making sure your group follows the rules in the grant agreement, including all reporting requirements.
Further information on eligibility is in the grant opportunity guidelines.
$99,000,000.00
From $0.00 to $33,000,000.00
To apply, go to: www.business.gov.au/BMTI-2024
business.gov.au provides information and advice to customers via a range of channels including phone (13 28 46), email and web chat. Contact us for assistance.