NHMRC Development Grants 2022 for funding in 2023

Overview

Funding for the program will be provided from the NHMRC Medical Research Endowment Account (MREA), which is underpinned by section 51 of the NHMRC Act.  The objectives of the Development Grant scheme are: to increase, facilitate and expedite the translation of health and medical research outcomes through to commercialisation, within a foreseeable timeframe to support proof-of-concept research with a feasible commercialisation pathway and a high likelihood of producing protected IP to provide a potential mechanism through which research outcomes can be progressed to a stage that makes them competitive to receive industry investment through other government schemes or from the private sector, and to encourage collaboration between health research, the private sector and industry (domestic and international). The intended outcomes of the Development Grant scheme are: increased rates of translation of health and medical research into commercial outcomes, resulting in improved health and medical knowledge.