The Medical Devices Fund (MDF) is an $8.2 million per annum, competitive technology development and commercialisation program funded by the NSW Government, through the NSW Ministry of Health. In 2017/2018 over $8 million is available through round four of the fund.
The key objective of the MDF is to promote new and innovative medical devices/technologies within NSW that may have a global benefit. Broadly, the MDF aims to:
- provide support to individuals, companies, public and private hospitals, medical research institutes, universities, other public sector research organisations, and the medical devices industry, to take local innovation to market; and
- increase the uptake of NSW medical devices by the health system where they are cost effective and contribute to improved patient outcomes.
This is a self assessment tool created to provide potential MDF applicants with a better understanding of the Program eligibility criteria and what information is required for your preliminary application to be competitive. To receive a copy of your full report on completion of the self-assessment please email
medicaldevicesfund@doh.health.nsw.gov.au
There are five components to this self-assessment:
- Stage A and B involve obtaining some basic information
- Stage C involves a three part eligibility check
- Stage D provides an initial growth diagnostic on the opportunity as well as some business education to the applicant
- Stage E gets into some more detail on the commercial opportunity, the IP, stage of technology readiness, market and the expertise of the team
In this survey there is an option to save and continue working on the assessment at a later date. If you use this function and do not receive an email to your inbox please check your junk mail for the link to return to your partial application.