THE ACCELERATOR

Aggressively funding and accelerating early-stage MedTech, HealthTech and BioTech startups.

The Accelerator is a 15-month accelerator for prototype stage MedTech, HealthTech and BioTech startups. Delivered by the MedTech Actuator, this industry-led, venture backed program will accelerate your technology development, build your team capability and provide a pathway to access up to $3m+ pre-seed to series A investment.

“THE ACCELERATOR PROVIDED A CATALYST TO ESTABLISH OUR TEAM, REFINE OUR STRATEGY AND RAISE CAPITAL.” -ALEX NEWTON, NAVI MEDICAL TECHNOLOGIES

In our supportive cohort of up to 20 of the brightest emerging startups, you can achieve in 15 months what typically takes three years or more.

The Accelerator will connect you to global startup pathways, leading you into clinical trials, advanced manufacturing and at-scale technology deployment.

Milestone momentum in the program will be rewarded with capital injection points, and industry experts will help you to develop a competitive edge for capital raisings.

We’re proud to work alongside venture partner Artesian to support startups on their journey.

OVERVIEW

In each of the first two months, you will undertake a 1-week sprint. Sprints involve workshops, panel sessions and mentoring with industry experts to refine your MedTech commercialisation strategy.

You will then spend four months in 1-2 day sprints and tailored 1-1 mentoring to prepare for your Angel round investment raise.

“Down time” between sprints and mentoring will involve implementing your plan, with rigorous mentoring support.

The remaining nine months will involve market-focused scale-up, working with mentors and industry experts to execute commercialisation strategies and prepare for your series A investment round.

KEY DATES

APPLICATION PROCESS

  • 10 January: Applications open
  • 3 April: Applications close; application review and due diligence 
  • 15 April: Shortlisted applicants invited to video call
  • 21 & 24 April: Video call
  • 24 April: Shortlisted applicants invited to pitch to Innovation Assessment Board
  • 30 April & 7 May: Pitch to Innovation Assessment Board
  • 15 May: Official offers and agreements issued

PROGRAM

  • The Accelerator will run from 5 July 2020 to 30 September 2021.

“THE REGULAR INTERACTIONS AND MENTORING HELPED US TO STAY ON TRACK AND BRING OUR PRODUCT CLOSER TO MARKET AS QUICKLY AS POSSIBLE.” -LAUREN BARBER, NEEDLECALM PTY LTD.

 

“THE ACCELERATOR GAVE US A GOOD, FIRM UNDERSTANDING OF THE REGULATORY PATHWAYS AND HOW TO WORK WITH KEY OPINION LEADERS, CLINICIANS AND HOSPITALS IN THE MEDICAL COMMUNITY.” -HITESH MEHTA, NUTROMICS

Questions?

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