Innovation Seed Fund 2024-25

The Innovation Seed Fund seeks to build Western Australia’s health and medical innovation pipeline by providing funding to Western Australian innovators to help develop and commercialise novel process, products and/or services that demonstrate a positive impact on the health and wellbeing of the WA community.

The funding will be used to support the validation of inventive concepts, the feasibility testing of proposed solutions, and the advancement of developed solutions towards the path of commercialisation within the following categories:

Category 1 – Devices, diagnostic and platforms including digital

The innovation is a device or technology that will diagnose, prevent, treat and/or monitor a health condition that impacts the people of Western Australia. This includes novel equipment, digital tools, and medical implants that aim to improve the safety, effectiveness, access, timeliness and/or cost as compared with existing practice.

Category 2 – Therapeutics and vaccines

The innovation is a drug, compound or medical biologic that will detect, prevent or treat a health condition that impacts the people of Western Australia. This includes novel medicines, vaccines, immune modulators and other medical products derived from chemical or biological material that aim to improve safety, quality, access or patient outcomes as compared with existing practice.

Program Status: Open for Applications 

Expressions of interest applications due: 1:00pm (AWST), Thursday 5 December 2024 

The Innovation Seed Fund Guidelines and Conditions and Expression of Interest (EOI) Form can be accessed below: 

Any queries related to the program can be directed to the Western Australian Department of Health, Office of Medical Research and Innovation.

Information on other FHRI Fund programs can be accessed by subscribing to updates or checking the FHRI Fund current opportunities.