The Medical Devices Fund (MDF) is back for Round 13, with applications now open for early-stage medical technologies that can improve patient care and create long-term value for New South Wales. This highly competitive scheme, which breaks down barriers between ideas and innovators, offers businesses in Australia a unique opportunity not to be missed. The maximum allocation is $5 million per project.
About the Medical Devices Fund Program
The Medical Devices Fund is a project operated by the Office for Health and Medical Research (OHMR) and is financed by NSW Health. This program concentrates on promoting the commercialisation of new medical devices and the translation of related health technologies. The Fund aims at those innovations that:
- Address unmet clinical needs
- Demonstrate potential to improve patient outcomes
- Show economic, environmental, or social benefit to NSW
- Are at Technology Readiness Level (TRL) 3 or higher
Successful applicants can receive between $500,000 and $5,000,000 (excluding GST) to support development, testing, and market readiness.
Medical Device Fund Round 13
The Medical Device Fund Round 13 is now available for the initial application. The following are the main updates:
- Applications close at 5 PM AEST, Tuesday, 13 May 2025
- Two online information sessions will be held in April
- A mandatory application video is now part of the submission
- Round 12 saw $7.5 million awarded to three NSW-based medtech ventures
- The 2025 Expert Panel has been announced, including experts from clinical practice, business, finance, and consumer advocacy
Who Can Apply
Eligible applicants include individuals, startups, companies, and collaborations based in NSW or with a strong NSW presence. Projects are required to consist of the design or marketing of a medical instrument or similar technology capable of real enhancement of healthcare service delivery or prognosis.
You must demonstrate:
- Technical readiness (minimum TRL 3)
- A credible plan for clinical use and commercial uptake
- Financial and operational viability
Mandatory Application Video For Round 13
In the context of Round 13, all applications must enclose a brief video (maximum of 3 minutes) where they present their device, the problem it solves, and their team members. This new requirement is meant to assist the trainers in evaluating the effect and purpose of your innovation.
Tip: This video must be clear, concise, and professional. It’s often the panel’s first impression of your project—make it count.
Choosing Pattens Group for Your Application
Pattens Group has supported Australian innovators for over three decades, with a 100% success rate in securing client grants. Here’s how working with us will set you up for success with your MDF Round 13 application:
- Full Application Support: From initial eligibility checks to detailed submission writing, we manage the process end-to-end, ensuring every component aligns with the assessment criteria.
- Video Production Guidance: We provide expert advice on the script and structure of your mandatory video to make a powerful case for assessors.
- Evidence-Backed Strategy: With decades of grant experience, we know what works. We help you gather the correct data and documentation to support your claims.
- Industry Insight: Our understanding of medical tech and the NSW Health system ensures your application speaks the correct language and anticipates reviewer expectations.
- Deadline management: We ensure that your application and all the documents are submitted well ahead of the deadline so it is free of all last-minute technical errors or file size problems.
Take Action Now
Please remember that the deadline for MDF applications for Round 13 is Tuesday, 13 May 2025, at 5 PM AEST. We have a team of grant professionals who can assist you with your competitive application. We will walk you through the entire process, from meeting every requirement to maximising your chances of funding.
Let us help you prepare your submission, produce a professional application video, and present your device in the best possible light.
Contact us today to get started. With Pattens Group in your corner, you focus on innovation, and we handle the rest.
Medical Devices Fund Round 13: Frequently Asked Questions
What types of devices are eligible?
Any new or innovative medical device or related technology (software, diagnostics, etc.) could deliver better clinical care outcomes, especially within NSW Health.
Do I need to be based in NSW?
Applicants must have a strong operational presence in NSW and demonstrate that the project’s benefits will return to the state.
Is repayment required?
In most cases, funding is provided as a grant. However, depending on the commercialisation model, repayment or royalty terms may be negotiated.
Do I need prior funding or IP protection?
Not necessarily, but having intellectual property protection and a defined commercialisation strategy strengthens your application.
What is assessed?
Applications are evaluated based on:
Innovation and technical feasibility
Clinical need and potential impact
Commercial potential
Team capability
Financial viability and return to NSW
