Environmental Scan 2017: Human Capital Issues within the Medical Devices Sector
Case Study: MedTech’s Got Talent program in Australia
ABOUT
• MedTech’s Got Talent is Australia’s largest medical device accelerator program that
focused on training and supporting emerging medical technology student and recent
graduate entrepreneurs.
• The program is a unique entrepreneurship challenge supporting emerging entrepreneurs
to develop and refine skills in pitching a business concept, developing a technology
roadmap and launching commercialisation activities for their medical technology
innovations.
• There is no charge to participate, and participants tap into real resources (money,
expertise, network) to ideally position themselves for start-up success.
HIGHLIGHTS OF THE PROGRAM
Besides having a chance to win up to $60,000 cash, participants will be able to sharpen their
knowledge and skills by learning from the experts
1. MedTech Bootcamp
All teams that advance past the Rapid Fire Round participate in an intense 1-week training
program
2. MedTech Focused Accelerator
All semi-finalists gain entry into our 6-week MedTech specialised program, including a 1-week
intensive pre-seed accelerator
3. Training and Mentorship from Seasoned Entrepreneurs
At every step in the process, we support our participants with training, mentoring and
coaching from experienced industry leaders and entrepreneurs
ACHIEVEMENT OF THE PROGRAM (after 4 years)
• Over $36 mil raised by alumni
• 26 commercial ventures are still active as part of the program
• 5 companies already on market
• 3 manufacturing contracts signed and initiated
• 12 internationally recognised awards achieved by the startups
(Source: Australia’s MedTech’s Got Talent website)
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