National Health & Medical Research Council
The NHMRC Development Grants provide funding support to individual researchers, research teams, or a HMR company in partnership with a researcher/s to undertake research at the early proof-of-principle or pre-seed stage.
The Scheme supports the commercial development of a product, process, procedure or service that if applied, would result in improved health care, disease prevention or provide health cost savings.
Applications must demonstrate a basic understanding of the process and steps required to move from research to outcomes that can be commercialised, including:
the process and steps to a market, the nature of the market
the milestones and risks of the venture
an understanding of possible means of handling intellectual property connected with the project.