The Royal Melbourne Hospital has been given $1 million to accelerate the growth of health and life sciences startups and build upon the success of the Melbourne Health Accelerator (MHx).
The MHx will be rolled into a network of Victorian Health Network Accelerators (VHNx) that will involve more than 20 Victorian startups and deliver on-site Accelerators at the RMH and Bendigo Hospital, in partnership with Health Round Table/PotentialX and Melbourne Business School.
VHNx Project Leader, Professor Ingrid Winship, said she was excited by what the Victorian Health Accelerator could bring.
“The original Melbourne Health Accelerator (MHx) connected health professionals and leading medical research experts with health technology start-ups,” Professor Winship said.
“Now we will take a leading role across the state in driving and guiding the role innovation plays in health and the opportunities it provides our clinicians and our patients.”
Minister for Innovation and the Digital Economy Philip Dalidakis said the selected programs will help health startups to thrive in the global market and drive further growth for Victoria’s booming health sector, which currently contributes $30 billion a year to the state.
“Accelerating the growth of Victoria’s health and life sciences startups will generate a range of economic and health benefits, including employment growth, more efficient health services and better care for patients,” Mr Dalidakis said.
“It is time hospitals train their staff in innovation. Once more we are taking the lead to become an exemplar in Victoria and beyond,” Professor Winship said.