Update on MDPP Victoria by Oded Van Ham, Operations Manager, MDPP Victoria.
MDPP Victoria, supported by LaunchVic, have approved and funded a total of 13 projects since the start of 2019. We are supporting start-ups and existing companies by connecting them with Victoria’s research and development community across hospitals, universities and industry partners. It is exciting to see that our work is also enabling our clients to attract substantial additional funding (see Lenexa Medical secures $650,000 Accelerating Commercialisation grant).
The MDPP Victoria team are thrilled to announce we completed hand over for our first projects to clients (four by end of July). In all cases working device prototypes have been collaboratively developed and tested for the client. At the same time the MDPP team provides commercial assessment reports with additional insights into a specific market opportunity for these devices. The newly completed projects include
- Medical Connect: Development of a functional prototype of their patient transport device;
- MuPharma: Development of custom designed and manufactured tips for their drug delivery prototype;
- Smart Insoles: Development of electronics and manufacture of their smart insole prototype used to prevent recurrence of diabetic foot ulcers.
More details will be publicised for these and other projects soon.
MDPP Victoria moved to online workshops and meetings in March and we’ve seen an unexpected benefit as it’s eliminated travel times for our attendees allowing more local, national and even international experts to participate in our workshops and contribute to the development of our client’s ideas. The feedback from the workshops has remained unanimously positive from clients and participants alike. Matthew Hoskin from VO2 Consulting, who is involved with a recently funded project, said:
“The MDPP workshop is a terrific forum to get thoughts and input on your product from a diverse range of subject matter experts. During the workshop, you receive valuable new ideas, validate or rethink some existing ones, and make useful new connections with people who may be able to assist you as you move forward with your venture.”