NHMRC Development Grants 2023 for funding in 2024

Overview

The objectives of the Development Grant scheme are: to 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. 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.