NSW Health
Commercialisation
Training Program
NSW Health Commercialisation Training Program Video
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Who is it for
The NSW Health Commercialisation Training Program is open to researchers, scientists, clinicians, entrepreneurs, intrapreneurs and those in the health sector who are working on a novel medical device, diagnostic or therapeutic product, or a software that is considered a medical device.
About the program
The NSW Health Commercialisation Training Program has been designed by leading experts to nurture innovative, early stage health tech solutions, and help innovators to build sustainable businesses in NSW.
With this program, NSW Health is investing in the people of NSW who are driving innovation in the medical and health sector. They are committed to helping innovators to build their skills and knowledge on how to commercialise innovations successfully, form stronger networks across the state, and nurture novel medical technology.
The program, run by Cicada Innovations, aims to fast-track innovative ideas that will revolutionise the healthcare sector, improve patient outcomes, and provide economic opportunities for emerging health tech business.
One of the benefits of the program is that it has been created to meet you at the stage that best suits you. This allows you to join at any point of the program, depending on the stage of your health innovation.
What's involved
The Program is broken up into three key stages:
Getting Started in health tech
Time to Validate your health tech idea
Time to Grow your health tech business
This flexible approach means you can complete the program in its entirety or join specific courses most relevant for your stage in the journey.
This allows you to learn at your own pace and structure your learning around a timeline which works for you and your idea.
1. Getting started
If you're just getting started, the program offers an online course and seminars to build your foundational commercialisation knowledge and skills.
Medtech Foundations
Where: Online
Key Dates: Anytime
This online learning course takes you through the building blocks of establishing a successful medtech or biotech business in NSW. Each lesson is taught by an industry leader and features case studies, useful resources, and activities to apply your learning.
Start learning
One Day Seminars
Where: In person at Cicada Innovations and online
Key Dates: TBA
We offer four full day seminars covering key topics essential to consider on your commercialisation journey. Each seminar is delivered by industry and healthcare experts covering the following topics:
Introduction to Intellectual Property
Regulatory Affairs
Clinical Trials
Navigating the Healthcare System
Express your interest to attend in the next round
Find out more2. Time to validate
Validate your idea with peers and experts with our in-depth courses that will help you take your entrepreneurial skills to the next level.
Customer Discovery Course
Where: In person at Cicada Innovations and online
When: TBA
Over 7 weeks (one day per week), you will learn about the importance of Customer Discovery. This is a customer-centric, scientific process that provides evidence to assumptions you have made about your product or business model. You will work interactively in a small groups to learn how to conduct stakeholder interviews to gather data and insights to build out business model. You will receive feedback from experts in this sector.
Express your interest to attend in the next round
Find out more
Business Fundamentals Course
Where: In person at Cicada Innovations and online
When: TBA
This three-day course provides you with the practical advice to establish and set up your health tech business up for success. From forming and structuring your company to building a great team, you will walk away with the knowledge of how to build and run a sustainable health tech business.
Express your interest to attend in the next round
3. Time to grow
Deep dive into your specific sector and walk away with new connections and strategies to accelerate your growth.
Specialisation Courses
Where: In person at Cicada Innovations and online
Key Dates: March - May 2023
Health tech innovation covers many types of health and medical solutions, from physical devices to software and diagnostics. In the three-day 'Specialisation' courses you will learn how to take your sector specific solution to market and how to ensure the product is both compliant and successful.
The Specialisations include:
Medical Devices
March 2023Software as a Medical Device
March 2023Diagnostics
May 2023Therapeutics/Pharmaceuticals
May 2022
Upcoming events and seminars
NSW Health Commercialisation Training Program
Info Session
Join our online info session to learn more about the Specialisations Courses and how it can help you boost your health tech idea into a sustainable business.
1:00 - 1:30 pm
Monday, 3rd April
FAQs
What does it cost?
The Program is fully funded by NSW Health. It is free and open to anyone residing in NSW.
When does the Program run?
The Program runs from August to May. It consists of several modules and allows people to get the right support at the right time.
About NSW Health
NSW Health is supporting the medical and health sector by investing in their people to build capacity, form stronger networks across the state and nurture innovative medical technologies through the NSW Health Commercialisation Training Program.
The Program aims to fast-track innovative ideas that will revolutionise the healthcare sector, improve patient outcomes, and provide economic opportunities for emerging medtech and biotech businesses in NSW.
Visit the NSW Health and Medical Research website for information on key programs and initiatives.
The delivery is supported by
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