USC’s Innovation Centre CEO, Mark Paddenburg said, “healthcare organisations across the globe face unprecedented challenges and our local innovators will be the catalyst for positive impact, saving lives, creating new medical devices and vastly improving patient wellbeing.”
“Applications are now open and we are seeking passionate founders that want to take their early stage business to global markets,” said Mr Paddenburg.
Delivering access to mentors, a network of inspiring industry leaders, access to clinicians, state-of-the-art facilities, new customers and investors, the program is a catalyst for health-related business to innovate, transform and scale their businesses. With some of the most exciting health-related research and clinical innovations in the world coming out of Australia, this represents tremendous growth potential for local business to commercialise fast.
Now entering its third year, AHx is built upon the foundation of the Massachusetts Institute of Technology (MIT) disciplined entrepreneurship framework and is run by the Innovation Centre Sunshine Coast (IC) in partnership with ImpactXHealth and USC. The Queensland Government is funding this third round of the AHx which will deliver the program for the first time in Moreton Bay and Brisbane.
AHx Program Director and Managing Director of ImpactXHealth, Tamara Mills said, “I’m excited to be leading the AHx program – Australia produces some of the world’s best medical research but often lags behind other countries in translating this into better patient outcomes and commercially viable ideas.”
Tamara has founded, funded and led a number of companies at the intersection of healthcare and the creative industries, including Glucotek, De Motu Cordis, merging design and science to disrupt current state of care, and has a track record in both successful capital raising and driving asset growth.
After a successful launch of the program in 2018, AHx has already proven to be a catalyst for commercialising new and innovative health-related products and services. Successful outcomes from the first cohort included 24 new jobs (186% increase in FTEs) and raising $8.3M in capex investment.
Applications are open now for medtech and health businesses from Moreton Bay, Brisbane and the Sunshine Coast. To apply visit www.innovationcentre.com.au/medtech-health-accelerator/
Innovation Centre Sunshine Coast
The Innovation Centre Sunshine Coast (IC) is a University of the Sunshine Coast (USC) enterprise, based on the Sunshine Coast, Queensland, Australia. Opening in 2002, as not-for-profit company the IC is a major hub for innovators, entrepreneurial startups and high growth companies. The IC has a purpose built 1,700 square metre facility, a dedicated support team, incubator/ accelerator programs, collaborative events, 300MBps internet connection, video studio, prototyping lab, meeting rooms, mentor panel, professional partners and access to awesome USC facilities and talent.
University of the Sunshine Coast
USC was founded by its community in 1996 in the belief that opportunity is everywhere, and especially in regional Queensland. The first green field university to open in Australia since 1971, in just over 20 years USC has helped unlock the innovation, productivity and potential of its regional communities. Its impact on economic, social, cultural and environmental development is clear, with almost 18,000 students, more than 120 Higher Education programs, $400 million invested in infrastructure and $9 billion flowing into the local economy, including through the contributions of its 21,000 graduates.
Professor Tim Wess
P: (07) 5459 4465
ImpactXHealth is dedicated to supporting the growth and development of the Australasian health innovation ecosystem through both accelerating company growth and facilitating strategic investments in to early stage to mid-tier publicly listed companies involved in the development of breakthrough medical and healthcare technologies.
M: 0414 941 485