Innovation in exports and the shift to digital is supported and promoted
The Government will engage universities, research institutes and the health sector to boost collaboration and innovation in health services through MTPConnect.
Australian Government to work with universities, research institutions, the health sector and State and Territory Governments to establish a new ‘health innovation hub’ in a number of physical locations to attract investment and boost collaboration and innovation.
Progress to date
Under the Industry Growth Centres Initiative, the Government has provided $15.6 million in project funding to the Medical Technologies and Pharmaceutical Growth Centre, known as MTPConnect, to enable them to undertake collaborative projects with research bodies and industry that have health sector-wide impact. Project funding provided by Industry Growth Centres must be matched by industry on at least a 1:1 basis.
MTPConnect also operates a number of grant programs on behalf of the Department of Health, including the $22.3 million Biomedical Translation Bridge program, which they operate in partnership with BioCurate, UniQuest, the Medical Device Partnering Program and the Bridge and BridgeTech programs.
MTPConnect receives co-funding from the Western Australian Government and University of Western Australia to deliver programs run through the MTPConnect WA Life Sciences Innovation Hub. These programs focus on building innovation, build capacity and new skills, attract investment, and foster commercialisation.