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The Genesys MedTech Grant
Open to innovative startups and small businesses in the MedTech Community looking to commercialise an idea.
About
The Genesys MedTech Grant is designed to support startups and small businesses working to commercialise innovative MedTech products. Whether you're at the concept stage or ready to develop a prototype, this grant provides the expertise and resources to bring your idea to life.
Working with the Genesys team, you'll receive hands-on support to develop a robust engineering roadmap and guidance and mentorship on the MedTech product development journey.
Benefits
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Expert engineering mentorship. Gain access to a member of the Genesys leadership team, each with extensive experience designing and building electronics products.
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$20,000 of engineering services to prototype, understand build costs and manufacturing options.
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Network access: we will facilitate introductions and insights from our innovation network in Australia and the wider MedTech community.
Timing
Applications open on May 30, 2025 and close 5pm, July 11 2025.
How the grant works
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Eligibility
You have a desire and mission to positively change the world through medical technology.
Are, or will be, an Australia registered Pty Ltd company, with <$50m turnover.
Tech-enabled startup or researcher looking to spin out.
You are prepared to participate, with the project kick off before 30 September 2025.
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Submit Your Application
Tell us about your MedTech project, its potential impact, and the support you need. You can find the online application form below, with applications accepted up until 5pm, 11 July 2025.
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Selection Process
Applications will be reviewed by our panel of judges and assessed on impact, innovation, feasibility and viability. Applicants will be notified of their application outcome on 5 August 2025.
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Customised Program
If selected, in the initial scoping meeting we will develop a custom program for you. You'll have the opportunity to choose from a variety of specialised services, from AI/ML prototype development to custom PCB design, system architecture to regulatory compliance workshops and more — up to $20,000 in total value.
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Start Building
Work directly with Genesys experts who will provide hands-on support and guidance to help bring your idea to life. Together, we can help turn your vision into a working product ready for commercialisation.
Service Offerings
The Genesys MedTech Innovation Grant gives you access to a tailored mix of development services to accelerate your product journey.
From AI/ML prototyping and custom PCB design to app development, system architecture, and grant support, each service is designed to meet the unique needs of MedTech innovators at various stages of development. Choose the combination that best fits your vision and let our expert team help bring it to life.
For more details on the Startup Services we have available, click here.
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Prototype
services
Offers high-impact prototypes and visual concepts to bring your product ideas to life.
Planning
services
Planning services include expert-led workshops and strategic planning to strengthen your project's foundation.
PROJECT
services
Project services include targeted analyses, training, and support to address specific project needs.
Next Steps
Download the Grant Information Pack here for additional information.
We invite you to submit an application using the below form. Good luck!