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Month: August 2021

MedTech Actuator Origin is back – apply today!

Posted on by MedTech Actuator

Are you an aspiring entrepreneur with a MedTech, BioTech or HealthTech startup idea? Apply now for the 2021 MedTech Actuator Origin!

All superheroes have a beginning and so do startup founders. Transform your idea or research with MedTech Actuator Origin – a two month early-stage entrepreneurship competition that will help you translate your concept into an impact orientated health venture.

Whether you’re a researcher, scientist, clinician, student or garage inventor, MedTech Actuator Origin is looking for passionate entrepreneurs to transform healthcare. Apply today!

The MedTech Actuator Origin experience

Delivered in-person and online, MedTech Actuator Origin is open to Australian health entrepreneurs and will run from October to December 2021. Our experts will pressure test your idea and expose you to the world of startups through:

  • Workshops – gain insight into what it takes to protect your idea and learn how to craft a prize-winning pitch.
  • Rapid Fire Round – pitch your concept to a panel of industry leaders and peers, putting your idea and pitching skills to the test.
  • Mentoring – receive tailored mentorship from industry experts who will help you bring your MedTech, BioTech or HealthTech innovation to market.
  • Access to the MedTech Actuator knowledge hub – commercialisation 101 curated content for researchers and medical professionals turned entrepreneurs.
  • Sprint Intensive – access a 3-day sprint intensive where you’ll dive into the world of entrepreneurship and commercialisation, including workshops, founder stories, panel discussions, activities, and heaps more!
  • Pitch Competition – bring together all your ideas in a short, 3-minute pitch to a select panel of judges to earn one of three places at the MedTech Actuator Showcase, a $15k cash prize and over $5k worth of in-kind prizes.
  • MedTech Actuator Showcase – pitch your idea to the ecosystem at the MedTech Actuator Showcase, a black-tie gala event for investors, industry-leaders, corporate partners and global MedTech companies.

The Origin winner will take home $15k in cash and have the opportunity to be fast-tracked through the application process for the MedTech Actuator – Asia Pacific’s MedTech accelerator – moving your product even closer to market.

Meet Amy Yu – MedTech Actuator Origin alumna

Photo of Amy Yu in MedTech Actuator superhero tee, Melbourne lane way by night.
Amy Yu, MedTech Actuator Origin alumna & Ventora Medical CTO.

“Ventora Medical spun out of the BioDesign Innovation program at the University of Melbourne. As soon as we graduated in 2018, we entered MedTech Actuator Origin. For Ventora, MedTech Actuator Origin really was the first point of validation from the MedTech entrepreneurial community in Melbourne. We were lucky enough to get through each round and be selected as a top five finalist.

You don’t know what you don’t know, and MedTech Actuator Origin taught us just that. At the bootcamps we took that all in, like sponges, and learnt so much from MedTech Actuator. This was backed up by networking with people who helped us achieve all of those unknowns and hit milestones.”

– Amy Yu, MedTech Actuator Origin alumna and Ventora Medical CTO, Forbes 30 Under 30

Key dates

  • Applications open: 6 Aug – 30 Sep
  • Finalists announced: 1 Oct
  • Online MedTech Actuator Origin Workshops: 7 Oct
  • Rapid Fire Round Pitch: 21 Oct
  • Mentoring and Sprint Intensive preparation: 22 Oct – 15 Nov
  • Sprint Intensive: 15 Nov – 17 Nov
  • Semi-finals Pitch: 17 Nov
  • MedTech Actuator Showcase and Finals Pitch: 9 Dec

Apply now

Are you ready to transform your idea and build your origin story – or do you know someone who is? Find out more about MedTech Actuator Origin and apply today.

Meet Gobind – Project Officer

Posted on by MedTech Actuator

Last year the MedTech ActuatorTM opened a second office – in Singapore. As part of our expansion through Asia Pacific, Project Officer Gobind Singh is supporting the work of Singapore-based founders to improve and save lives with health innovation.

As Project Officer Gobind helps to surround startups with the ecosystem support they need to bring their MedTech, HealthTech or BioTech innovation to the patients and clinicians who need it most.

With a focus on program delivery of the MedTech Actuator – Asia Pacific’s MedTech accelerator – Gobind connects startups with intensive mentorship, industry collaboration and capital raising support to help achieve in 15 months what can typically take 3 years or more.

“My role is where the MedTech Actuator’s rubber hits the road,” says Gobind. “I handle logistics, operations, communications, bookings and planning the program.”

Once the program begins, Gobind is the first point of contact for startups in Singapore. “I consult on their pitching, decks, IMs, strategy, and anything else they throw at me.”

Before joining the MedTech Actuator, Gobind was a fellow at the RMIT Health Transformation Lab where he broke down complex problems, generated new insights, and fostered new communities to help address the thorniest questions of health system reform, transformation, technology, and value.

In his role with the MedTech Actuator, Gobind is inspired by the success that startups can experience as a result of the program – and the human impact that having the right support can lead to.

“Watching startups succeed after taking feedback on board really inspires me,” says Gobind. “It makes me feel like I have contributed to the growth or commercialisation of the startups, which will in turn save human lives or make their recovery faster.”

Gobind has observed a common challenge experienced by MedTech startups in the process of commercialisation, with founders losing sight of the initial reasons that they began their trek down the entrepreneurial path.

“It is important to clarify, renew or even rework those initial aspirations as it will make the journey less bumpy – and the MedTech Actuator can help,” says Gobind.

“I am incredibly excited about the MedTech Actuator program’s growth to become the go-to MedTech accelerator in Asia Pacific.”

Find out more about MedTech Actuator – Asia Pacific’s MedTech accelerator.