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In December 2015, ACT Chief Minister Andrew Barr MLA, ACT Government, announced REALISE, a health innovation ecosystem designed for the ACT health innovation community. REALISE is designed to build a dynamic community of entrepreneurs, innovators, medical professionals and industry leaders, working together to improve healthcare. REALISE promotes collaboration within the health innovation community to bring new products and services to market.
Canberra is recognised as one of Asia-Pacific’s cities of the future, due to the city’s business and investment strengths and continued support in health innovation from the ACT Government. Canberra’s strong position and the potential for growth in the healthcare and technology industry makes it an ideal location for building the REALISE health innovation ecosystem.
In the Financial Times’ ranking of the economic, financial and business strengths of cities in the Asia-Pacific region, Canberra ranked seventh in the Foreign Direct Investment category. The city also ranked fifth in the Human Capital & Lifestyle category, due to strengths and capabilities in R&D and professional, scientific and technical services. Two strong rankings in the competitive Asia-Pacific region demonstrates the success of the ACT Government’s investment promotion strategy and the enormous potential of Canberra’s health innovation industry.
The ACT Government plays a crucial role in developing Canberra’s potential as a knowledge-based economy. It is committed to creating an attractive business environment for R&D investment to stimulate the ACT’s economy and innovation industries now and in the future. Since being appointed Chief Minister, Andrew Barr MLA has visited China, Singapore and the United States to promote Canberra as an investment-ready city for the health sector. Success in supplying world-class skills and promoting a culture of innovation and entrepreneurship makes Canberra an attractive city to invest in health enterprises. Being recognised as a city of the future in the Asia-Pacific is a strong vote of confidence for Canberra’s business community and economy.
The 2015-16 ACT Budget is delivering $11.75 million in new funding to support Confident and Business Ready: Building on Our Strengths, the ACT Government’s business development strategy, which will continue to grow the Canberra economy and create jobs. The REALISE project will assist delivering on these aspirations for the ACT Government and its contribution to a stronger Australian business environment stimulated by innovation and technology development.
Build a integrated 2 tier health innovation ecosystem to support growth and success for ACT entrepreneurs and innovators with ow on bene cial outcomes for ACT economy. Tier 1 will be the networking of organisations physically located within the ACT and Tier 2 will be networking ACT located organisations with external communities.
Build on current ACT health innovation capacity through practical initiatives and leverage CBR Innovation Network activities.
Help selected innovations get signi cantly closer to market via 12 months mentoring.
Strengthen, formalise and make vibrant existing ACT local health networks.
Build on the current ACT Health commercialisation and collaboration pathways.
Deliver Health Innovation Meet-Ups with guest speakers.
REALISE will use the capability and capacity within its 2 tier integrated innovation ecosystem to assist ACT entrepreneurs and innovators to identify, clarify, build and monetise their nal market o er (service or product), thus resulting in stimulated business activity which may have downstream e ects on increased employment and economic growth.
Collaborations will be formed between ACT public and private health organisations, entrepreneurs, innovators and commercialisation educators and mentors. REALISE’s ecosystem will provide support through the various stages of entrepreneurship and commercialisation, thus giving the ACT economy the foundations of a health innovation hub. Economic bene ts will be increased con dence and visibility, which downstream, will lead to employment, business growth and entrepreneurial con dence thus breeding downstream success.
REALISE o ers a mentor network, support, and events designed to help health entrepreneurs, technologists and innovators accelerate the growth of their companies by interacting with each other both in person (Tier1) and virtually (Tier2) with the ACT health innovation ecosystem. We encourage and invite you to participate by going to our website www.realise.org.au
iQXGroup Ltd is an investment company and fund manager specializing in the life science sector, supporting physicians, scientists and entrepreneurs who are building innovation based businesses. iQX provides venture capital to early life sciences to fund the initial part of their journey and get them on their way. They typically invest post discovery before pre-clinical when the risk and cost is comparatively less.
Health Informatics Society Australia Ltd (HISA) is Australia’s peak body for the digital health community. From clinicians to consumers, research to industry, collaboration across the health ecosystem.
Spruson & Ferguson (Australia) Ltd. Spruson& Ferguson (Australia) is a leading and one of the largest intellectual property rm in Australia with over 170 sta . They have been providing expert representation in all aspects of intellectual property to clients since 1887. Our long history of specialisation has resulted in a robust infrastructure supported by well- honed systems and skilled individuals. Theirteam of patent attorneys, trade mark attorneys and lawyers includes some of the most highly regarded professionals in the industry. Together with an associated law rm, Spruson& Ferguson Lawyers, they provide a fully integrated and comprehensive service for the protection, commercialisation, enforcement and management of all forms of intellectual property. They were the rst Australian IP rm with a direct presence in Asia through Spruson & Ferguson (Asia) with regional o ces in Singapore, Malaysia and China.
Safe-Mate Australia Pty Ltd. Safe Mate are dedicated to helping save lives with innovative solutions. Safe Mate strongly believe that everyone should have a se- cure space online that is safely accessible by anyone in case of an emergency. Safe Mate wristbands quickly connect emergency response teams to your vital personal and medical information.
Hello Sunday Morning Ltd. HSM is a movement towards a better drinking culture and is dedicated to helping people with alcoholissues lead better lives.
Come along and meet other CBR innovators in health. We're here to help make Canberra the place for health innovators to succeed. We'll take it in turn to host get-togethers, where we will share ideas over a few drinks and food. Who Should Attend? Anyone with an interest in health innovation and commercialisation! All are welcome, and here are a few of the groups from our community: - Hospital, Allied Health and Ambulance Executives - IP Commercialisation Professionals - Researchers - Clinicians - Medical Support staff - Paramedic staff - Health Administration staff - Policy Makers - IP Governance staff - Investors and Advisors - Patent Attorneys - Lawyers - Students