finding funding - part 1
Post on 30-Jul-2015
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HealthTech Sydney unites research, medicine, biotechnology and healthcare with technology, entrepreneurship and
business to grow and support innovation in health.
Finding Funding
June 3, 2015
Health Technology Development is Expensive !
• Typical NHMRC budget request is between $500,000-1,000,000 for a 3-4 year research project
• Multiplex assay $5000
• Jay cars ?
Where is the money?
• Government grants
• Private Capital / Venture Capital
• Public Crowd Funding
• Friends Family and Fools
• The customer?
What’s Occurring
http://www.macphersongreenleaf.com/news/legislation-to-provide-capital-for-early-and-mature-stage-smes/
What’s Occurring THE MEDICAL RESEARCH FUTURE FUND
• The Government will establish a $20 billion Medical Research Future Fund to provide secure funding for medical research over the coming decades, keeping us at the forefront of medical research — the largest of its kind in the world.
• The Fund is estimated to reach the $20 billion target capital level by 2020 and the capital base is set to be preserved in perpetuity.
Tonight’s Agenda
1830: Intro & Upcoming Events1835: Topaz Conway, Accelerating Commercialisation and Springboard1855: Ben O’Neill CrowdFunding platform and digital1920: Short Break1935: Elliot Briels, R&D and Overseas grants1940: Omar Khan, PE, Medina Capital2000: Close & Drinks
SPEAKERS
• SPEAKERS
Upcoming Events 2015
~April 29: HTSydney & HISA Drinks ~June 3: Finding Funding Part 1 - Public~June 24: Big Data & Clinical Trial
Management~July: HTSydney & HISA: Future of Digital
Health~July: Medication Management
W: www.healthtechsydney.com.auE: hello@healthtechsydney.com.auT: @HTSydney
Thank you to
Topaz, Ben, Elliot & Omar
Gill, Santhosh, Allan, Gaurav,
@HTSydney
Thank you The Audience
@HTSydney
The journey continues… with
Dinner at the Raglan Hotel
@HTSydney
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