World-class research and innovation centres
Dynamic and blossoming startup ecosystem
The Australian medtech leader
New South Wales (NSW) is home to a significant number of health, research and innovation centres across Sydney, Westmead, Liverpool, Campbelltown and Newcastle.
Additionally, the state is home to 55% of Australian Medtech companies.
Medtech companies thrive in NSW with access to training programs and incubators across the state.
The NSW Health Commercialisation Training Program delivered by Cicada Innovations aims to help commercialise novel medical device innovators.
Its portfolio includes more than 70 companies across life sciences, hardware and enterprise software technology sectors, which together raised $79 million in public and private funding in the last year.
The program aims to drive innovative ideas in the health and life sciences sector, attracting over 1,100 participants in its first year, 2022.
The Sydney Startup Hub is a community for founders and entrepreneurs to share, learn, build networks, and bring their ideas to life. With more than 17,000sqm across 11 floors all under one roof in a convenient CBD location, it is the highest-density startup space in the Southern Hemisphere.
The Western Sydney Startup Hub also provides 1,500 square metres of affordable co-working space to startups, scaleups and small businesses in Australia’s fastest growing region.
The Westmead Health and Innovation District will be one of Australia’s largest health and research zones for new discoveries, commercialisation, treatment, education and training.
The Advanced Manufacturing Research Facility External Linkin Bradfield will provide infrastructure for collaboration, incubation and innovation, allowing businesses to test, prototype and rapidly scale advanced manufacturing processes.
The NSW Health Statewide BiobankExternal Link is an incubator that supports research into cancer, diabetes, heart disease and rare genetic diseases. The first facility of its kind in the Southern Hemisphere, it uses large-scale robotic technology to store and process millions of bio-specimens for world-class health and medical research.
Meanwhile, the NSW Smart-innovation CentreExternal Link is a hub for emerging transport technology including driverless vehicles.
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