NSW Health
Commercialisation
Training Program

Business Fundamentals

Are you an entrepreneur in the medical and health sector with an idea you’re ready to turn into a business? Now is your opportunity to acquire the relevant skills.

Over three days (4th - 6th November) you’ll learn how to set up a successful and sustainable health tech business. From getting started and business basics to understanding company structures and building a team, Business Fundamentals will provide you with a solid foundation for your future endeavours. You’ll gain valuable insights from experts in law, finance, communications, sales, and investment and learn how to apply their expertise to your venture.

Our facilitators share practical advice and guidance on how to establish and grow your health tech business for success including:

Forming and structuring your company
Basic business financials
Accessing funding options for health tech companies
Building a knowledgeable team
Navigating sales and distribution
Negotiation, influence, and stakeholder management
Developing an IP strategy that suits your goals

Apply today

Who is this for?

Business Fundamentals is for anyone working on a health tech solution who wants to start a business who is based in NSW. Past participants include researchers, clinicians, entrepreneurs and scientists — all you need is an interest in starting your own health tech business.

Apply for the course via the short application form so our team can assess what stage of your journey you’re in to ensure you get the most out of the course.

Join us:

Date: 4th - 6th of November 2025
Location: Cicada Innovations, 4 Cornwallis St, Eveleigh, NSW, 2015

The NSW Health Commercialisation Training Program, run by Cicada Innovations, has been designed by leading experts to nurture innovative, early-stage health tech solutions, and help innovators to build sustainable businesses in NSW.

Applications close 17th October 2025

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Business Fundamentals Overview Video

FAQ

When is it?

Conducted over 3 days from the 4th - 6th of November 2025

How much does it cost?

This course is fully funded by NSW Health for NSW residents.

How does NSW Health support Rural, Regional and Remote NSW residents?

For NSW residents located outside of the Greater Sydney Region, there is the opportunity to apply for a travel subsidy once accepted to the course. Please continue with your application and, if successful, you will have the opportunity to apply for the subsidy.
Please note: To be eligible for subsidy from NSW Health, your employer must not be subsiding your travel/accommodation costs. Subsidy is subject to funds available and amounts requested will be considered but not necessarily fully reimbursed.

What is the application process?

Submit your application form via the links above. There are 2 parts to the application. Once you complete Part 2, the review team will look at your application and make a determination, you will then be advised of the application outcome, usually within 10-15 working days of submission.

Do I have to attend all 3 days?

To get the most out of the course and provide the best experience possible, we require that participants commit to attending every session.

If you have any questions about how the attendance requirements are implemented or how they might affect your application, please get in touch with the team at [email protected] to discuss further.

Where does the Program take place?

All seminars and courses are conducted at Cicada Innovations’ seminar room in South Eveleigh. Our address is the National Innovation Centre, 4 Cornwallis Street, South Eveleigh.

Do you take equity or make claims over my Intellectual Property?

No. The NSW Health Commercialisation Training Program is a safe space to learn, fail, and receive expert feedback you would not otherwise have access to.

However, we also ask participants to treat the Program as a public forum, so we ask that they do not say anything which is, or might be, proprietary, protected, or is potentially protectable in the future, or any information they are not completely comfortable providing in a public forum.

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.

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