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MedTech Actuator Menzies Scholarships now open | Menzies Foundation

MedTech Actuator Menzies Scholarships now open

07-Jul-2021

Are you a researcher in MedTech, BioTech or HealthTech looking to explore entrepreneurship and commercialisation? Do you have a research project with market translation potential? Apply now for 2021 MedTech Actuator Menzies Scholarships!

After an outstanding pilot cohort, MedTech Actuator and Menzies Foundation are launching a second call for 2021 MedTech Actuator Menzies Scholarships. Applications are open now!

Together with MedTech Actuator, the Foundation aims to support high potential science entrepreneurs transition from institutional contexts and navigate the ‘funding and resource cliff’ between research and the development of investable enterprises. Ten researchers will each receive a tailored learning experience, access to exclusive industry events and a one-off, $1,000 stipend to explore entrepreneurship and commercialisation.

Scholarships are available to scientists in MedTech, BioTech or HealthTech or researchers who may be undertaking their honours, masters, PhD or PostDoc – or perhaps have recently started working in industry.

“Researchers make some of the most promising entrepreneurs - they are curious, natural problem solvers, humble and used to getting back on their feet after experiment failures.” - Dr Buzz Palmer, CEO MedTech Actuator

Scholarship recipients will be provided with unparalleled networking opportunities, leadership mentoring and insights into a career that fuses science, research, and entrepreneurship.

The three-month scholarship will run from October to December and can be undertaken remotely while studying and working. Valued over $10,000, scholars will have access to the MedTech Actuator knowledge hub, online workshops, a three-day intensive from November 15 - 17 and the MedTech Actuator Showcase on December 9.

"The MedTech Actuator Menzies Scholarship helped me improve my understanding of the MedTech industry, and I am already applying this new knowledge to our initiatives in women's health technologies. I am extremely grateful to the MedTech Actuator and Menzies Foundation for providing me with this opportunity!"

- Ritesh Warty, MedTech Actuator Menzies Scholar

Scholarship recipients will learn alongside Australia’s best emerging entrepreneurs competing in the MedTech Actuator Origin pitch competition. In the final month of the scholarship, recipients will attend the MedTech Actuator Showcase and network with the largest names in global MedTech corporates, clinicians, ecosystem VIPs and investors.

Beyond these unique insights and opportunities, scholarship recipients will gain an extensive overview of entrepreneurship, the startup ecosystem and the commercialisation process. Topics will include business modelling, pitching, intellectual property, product development, branding, path-to-market, and more.

Key dates:

  • Applications open July 5 - August 20

  • Shortlisted candidates notified August 25

  • Video interviews September 9

  • Menzies Scholarship outcomes released September 15

  • Menzies Scholarship Lunches October

  • MedTech Actuator Origin intensive November 15 - 17

  • MedTech Actuator Showcase Gala December 9

    The MedTech Actuator Menzies Scholarship will support the scientific community’s commercialisation capacity by facilitating knowledge transfer from industry to scientists and researchers.

    If you are an academic or industry scientist or researcher – or you know one – you can find out more about the scholarship and apply here