Oct 06, 2020

MedTech Actuator Menzies Fellowships now open

MedTech Actuator Menzies Fellowships now open

Applications are now open for 2021 MedTech Actuator Menzies Fellowships – each valued at $70,000. Two high-potential medical or scientific researchers will each receive tailored mentoring from commercialisation experts, a $20,000 stipend and access to the MedTech Actuator™.

The MedTech Actuator Menzies Fellowship is designed to unlock the potential of Australia’s world-class research and researchers.

“We know that there is great work being done by researchers in Australia – particularly in the areas of human health and medicine. We want to support this talent by giving researchers access to commercialisation expertise so that they can share their work with the people who need it most – patients and clinicians,” says MedTech Actuator CEO, Dr Buzz Palmer.

The MedTech Actuator Menzies Fellowship will support the scientific community’s commercialisation capacity by facilitating knowledge transfer from industry to researchers.

“The MedTech Actuator Menzies Fellowship will provide high-potential scientists with a grounding in the elements of commercialisation, but most importantly it will provide access to our dense network of partners – a network that spans hospitals, product development firms, multinational MedTech corporations and investors,” says Dr Palmer.

The MedTech Actuator Menzies Fellowship can be undertaken while working full-time. Initially, fellows will embark on 6 months of mentorship – working with experts within the MedTech Actuator and along the commercialisation pipeline.

During the second 6-month phase, fellows will take part in a tailored version of our flagship, industry-led accelerator. They’ll learn how to navigate key milestones in the commercialisation journey, from developing regulatory and reimbursement strategies to product development, approaching investors and building a team. Importantly, they’ll learn with – and from – other MedTech, HealthTech and BioTech founders from across Asia Pacific.

The MedTech Actuator Menzies Fellowship is a partnership between the Menzies Foundation and the MedTech Actuator. “We are passionate about investing in our country’s future science leaders and giving them the runway to ensure that their research has an impact in the world.  We look forward to sharing their entrepreneurial journey,” Menzies Foundation CEO Liz Gillies said.

To be eligible for the Fellowship, researchers must be working in the areas of health, medical or biotechnology research and have approval from the employing institution to be absent 2-3 days per month for 6 months (July 2021 – December 2021).

If you are a career researcher – or you know one – you can find out more about the Fellowship and apply here.

The MedTech Actuator Menzies Fellowship is supported by the Menzies Foundation as part of their Entrepreneurship in Science mission in partnership with the MedTech Actuator.

Apply now