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Relentless execution
towards market success

With MedTech Actuator flagship 12-month Accelerator program

20 Australia’s outstanding health startups are annually selected for the 12-month program with up to $200,000 in equity-based funding and access to Asia Pacific’s 200+ industry experts, to accelerate the growth towards market.

MedTech Actuator Accelerator is supported by LaunchVic and the REDI Initiative, powered by MTPConnect.

Download the 2023 Accelerator Info Pack here

Through intensive mentorship, industry collaboration, and capital raising support, you can achieve in 12 months what can typically take 3 years or more. The result – is a road-hardened venture primed to compete and built for speed, ready to raise seed funding leading into clinical trials, regulatory approvals, at-scale manufacturing, and market launch.

Program

100% industry-led, based on current, practical experience

Mentors

Unrivalled network of resident and corporate mentors across Asia Pacific

Community

66+ startups in the portfolio and 300+ in the community

Capital

*Up to $200K initial capital injection

Program experience

Learn

Commercialisation fundamentals during the week-long sprint

Network

1:1 mentoring and commercialisation strategy development during the downtime

Expose

Meet our network of investors and partners at the annual Showcase and Demo Day

Pitch

opportunities to refine your pitch and present to different audiences

2023 Program Dates

Applications open – January 2023
First Interviews - March 2023
Due Diligence - March - April 2023
Second interview with Innovation Assessment Board - April 2023
Offers sent - May 2023
4 Intensive sprints – July - October 2023 (5 days each, full-time)
October 2023 - April 2024 - tailored program
MedTech Actuator Showcase (annual gala for the selected startups) – Dec 1, 2023
Demo Day - February 2024

Read about previous alumni

Ajit Ravindran

Through the MedTech Actuator™, we were able to take our innovative idea from concept to a commercial-re... Read more

Wei Sue

The industry expertise, mentorship and network of relationships through the Medtech Actuator have been in... Read more

Anshul Dayal

The MedTech Actuator’s investor networks have been crucial to our success and we’ve recently raised a... Read more

Program Eligibility

At the MedTech Actuator, we’re for innovators. And this means creating opportunities for innovators from all corners of the system, and from multiple backgrounds and contexts.  MedTech Actuator encourages applicants from diverse backgrounds to apply. Please read the FAQs and reach out to the team if you have any questions about your eligibility.

 

 

*Investment terms for the 2023 Accelerator

The MedTech Actuator takes 5% equity for participation in the program.

Access to capital is required to participate in the program. Companies must have access to a minimum of $50,000 to ensure that reports and documents critical to future investment rounds can be completed in the first 6 months of the program. This cash flow can be either self-funded through the ‘unfunded track’, or from The MedTech Actuator fund as part of ‘the funded track’.

Through an exclusive venture partnership, startups may be eligible for pre-seed investment. The minimum investment is $50,000 up to a maximum of $200,000. For every $10,000 that our fund invests, we will take 1% equity. 

FAQs

 

Expression of Interest (startups)

 

If you are an early-stage team, consider joining our pre-accelerator Origin – the selected teams will be fast-tracked to the Accelerator program

 

 



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