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New venture capital initiative to drive innovation 02 December 2024 The FHRI Fund will provide $15 million to co-invest with 3 Venture Capital firms through the new and ground-breaking WA Venture Capital Initiative. The Initiative sets out to drive innovation, job creation and economic activity by supporting the growth, acceleration and success of the WA start-up and scale up ecosystem, and the health and medical life sciences stream of this Initiative is supported by the FHRI Fund. This WA Government investment will generate new non-government investment to grow and retain entrepreneurial talent and businesses in WA. Venture Capital firms were selected as co-investment partners by a cross-government Venture Capital Advisory Committee following an open and competitive tender process. The Venture Capital firms awarded funding from the FHRI Fund, through the health and medical life sciences stream, are: Artesian Venture Partners Pty Ltd Brandon Ca...
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Funding for clinicians to undertake important research 28 November 2024 A total of $1.275 million has been awarded to four Western Australian researchers to support WA Health employees in pursuing high-quality research projects to lead to better outcomes in Western Australia’s public health system, while continuing to perform some of their clinical duties. The Clinician Research Fellowships Program is a joint initiative of the Future Health Research and Innovation Fund and the Raine Medical Research Foundation. The program provides salary and project funding through 3-year fellowships to health experts including allied health and health sciences, dental, medical, nursing and midwifery professions, to undertake research. Recipients were assessed based on merit by an independent scientific peer review panel and the Clinician Research Fellowship Advisory panel. Further information about the CRF Program recipients can be found at Past Recipients - Raine Me...
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Partnership to provide millions for prevention and personalised medicine 20 November 2024 A groundbreaking co-funding partnership between the Western Australian Future Health Research and Innovation (FHRI) Fund and The Hospital Research Foundation (THRF) Group will provide $3.5 million across two grant opportunities that will tackle some of the most pressing health challenges in Western Australia (WA). The State Government will match THRF Group’s $1.75 million contribution to deliver their Preventative Health Fellowships and the Innovations in Personalised Medicine program via the Co-funding Partnership Program (Co-FPP). The FHRI Fund Co-FPP enables partnerships to be established to either develop new funding programs or to maximise the impact of existing funding programs that are aligned with the Future Health Research and Innovation (FHRI) Fund Priority Goals. The partnerships aim to build a culture that supports co-operation and interconnectedness resulting in exp...
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FHRI Fund Open Day in the Great Southern celebrates partnerships for better health 08 November 2024 Six new programs and initiatives were launched at the Future Health Research and Innovation (FHRI) Fund Open Day in Albany on 25 October, including the first ever program designed to help researchers and innovators engage with communities and consumers at the earliest stage of their projects. The first regional Open Day for 2024 was held under the theme ‘partnerships for regional health and wellbeing’ and co-hosted by the Office of Medical Research and Innovation (OMRI), UWA Albany Campus and the WA Country Health Service (WACHS). After an introduction from Master of Ceremonies Tim Martin and Evelyn Quinn, Merningar Barduk Elder Lynette Knapp welcomed attendees to country, and the Minister for Medical Research, the Hon. Stephen Dawson MLC spoke about the importance of maintaining a secure source of funding to support WA researchers and innovators. Medical coordinator at the R...
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Innovation Fellowships to upskill WA health and medical innovators 25 October 2024 A total of $1,063,587 ex GST has been awarded to Western Australian innovators through the Innovation Fellowships 2024 program. This program provides Fellowships to talented Western Australians to enable them to develop innovative early-stage processes, products and/or services that address a problem that arises from an unmet health or medical need or opportunity in Western Australia. The program is funded by the Future Health Research and Innovation Fund which provides a secure source of funding to drive health and medical research, innovation and commercialisation. Eight Fellowships have been awarded as outlined in the table below. Innovation Fellow Responsible Entity Activity Title Funding Awarded Dr Hadi Afsharan The University of Western Australia Screen fo...
Last Updated:
02/10/2024