Transform Your Health Venture

Phase 1: Foundation for Growth

3 Intensive Sprints, 1 Powerful Network

Phase 1 is all about building the critical components that will set your startup on the right trajectory. Over three months, you’ll engage in monthly multi-day Sprints with your cohort, each focused on different aspects of your venture’s growth:

Sprint 1: Founder Development and Market Validation

Focus on developing your communication skills, validating your product, and understanding the market. Explore startup financing and refine your business model and pricing to build a strong foundation for growth.

Sprint 2: Commercial Strategy and Product Development

Develop a clear go-to-market strategy, navigate regulatory requirements, refine your IP strategy, and manufacturing processes to successfully bring your product to market.

Sprint 3: Fundraising and Growth

Prepare for international market launch, explore exit options, and understand startup valuation to attract the right investors.

Each Sprint contains a pitch practice for you to get feedback on your pitch, as well as a networking lunch for you to connect with different areas of the ecosystem.

In between Sprints, you will participate in monthly accountability standups with your cohort, keeping you on track and ensuring your progress towards critical milestones.

You’ll also be preparing a Data Room to showcase your progress. At the end of Phase 1, a team of industry experts will assess your Data Room and provide a detailed report, helping you identify areas for improvement.

Phase 1 Sprints take place in person at the MedTech Actuator office in Melbourne’s CBD. In between Sprints, there will be one-hour online accountability standups held on a Wednesday lunchtime each month.

Phase 2: Scaling to Success

Strategic Guidance and Tailored Mentorship

Phase 2 focuses on scaling your business—enhancing your leadership, optimizing your fundraising strategy, and preparing you for the next stage of growth.

Strategy Days

Join your cohort for monthly Strategy Days, focusing on fundraising strategy, leadership and negotiation. We combine these deep dives with an Accountability Standup with your cohort to ensure you’re moving forward.

Matched Mentoring

Gain access to one-on-one guidance with our experienced mentors, based on your startup’s specific needs. 

Individual Development Plan 

Monthly check-ins with MedTech Actuator to address areas for improvement identified in your Data Room Review.

By the end of the program, you’ll walk away with a clear, actionable roadmap for your business, and be ready to launch a fundraising round.

The program culminates in our Demo Day, where you’ll pitch your startup in front of investors and the wider ecosystem.

Phase 2 activities take place online, with the exception of the Demo Day, which will be held in person in Melbourne.

Program Fee

MedTech Actuator Accelerator runs with a standard 5% equity program fee, structured through a SAFE Note with a post-money valuation of AUD 1M. This approach aligns incentives, and allows us to offer guidance and support for the long term, well beyond the 6-month program phase. 

If your startup has already raised capital, we’re open to discussing an alternative valuation. Any valuation you propose must be supported by documentation—such as a term sheet, SAFE note, or similar proof—from a reputable investor or angel syndicate. 

We’re also committed to supporting impact-driven founders from diverse and underrepresented backgrounds. To make our program more accessible, we offer flexible fees for select teams that align with this vision.

If you have questions or would like to discuss your specific situation, please book a time with our Portfolio Manager, Makenzie Thomas, via Calendly.