The NSW Medical Device Commercialisation Training Program (MDCTP) is a unique career development opportunity that focuses on medical device development and commercialisation.
The program fulfils a commitment to build medical device commercialisation capacity in NSW and contributes to the discovery and application of new treatments and diagnostic techniques to improve patient outcomes.
2016/17 Medical Device Commercialisation Training Program
After a competitive tender process, Australia's leading advanced-technology incubator Cicada Innovations, in partnership with the Office for Health and Medical Research, will deliver the Medical Device Commercialisation Training Program (MDCTP) over the next four years. This Program is specifically designed to develop the commercialisation skills of innovators of novel medical devices, to keep research talent in NSW and ultimately deliver better health and economic outcomes.
The MDCTP was first run in 2014 and has been critical in developing the innovation ecosystem in NSW. The quality of the training is such that the MDCTP has been awarded 16 credit points towards MBA Programs at UNSW and University of Wollongong. The newly expanded program will provide learning opportunities for up to 200 NSW-based medical device technologists, academics, and clinicians each year over the next 4 years.
Graduates of MDCTP have launched companies, engaged industry partners and raised more than $9 million in grants and private investment, creating job opportunities in Australia and abroad. The program has been particularly successful at encouraging women as entrepreneurs.
Post-doctoral researchers and clinicians, doctoral, PhD and masters candidates based in NSW and completing their degree program this year are encouraged to apply. Applicants must have a demonstrated interest in medical device innovation and commercialisation. As part of the program the skills developed include IP management, business model development, customer engagement, medical device design and prototyping, and regulatory affairs management. For information about course eligibility and content, please visit Cicada Innovations.
Applications close – 28 November 2016
Shortlist interviews – week of 5 December 2016
CORE course starts – 1 February 2017
CORE course finishes – 17 April 2017
Showcase event – May 2017
About Cicada Innovations
Cicada Innovations is Australia's leading incubator for advanced technology startups. The incubator is internationally recognised and jointly owned by four of Australia’s leading universities: Australian National University, University of New South Wales, University of Technology Sydney and University of Sydney.
Cicada Innovations partners with technical founders to help them scale and achieve global commercial success. Its portfolio currently has more than 70 companies across life sciences, hardware and enterprise software technology sectors. In the past 12 months alone Cicada Innovations has helped its portfolio of companies raise $79 million in public and private funding.