MedTech - Commercialisation Boot Camp!

UTS has partnered with Cicada Innovations to deliver two half-day morning workshops at UTS on November 18th and 19th.

What are the objectives of the MedTech workshops?

The MedTech workshops will help researchers commercialise their research and benefit those interested in learning more about MedTech commercialisation. They will equip researchers with techniques and methods to analyse their research's market opportunities and assess their innovations' value proposition. Researchers will gain an understanding of the critical elements of a viable business model and the unmet needs their research could address, which, in turn, will inform their future research and guide researchers in advancing the Technology Readiness Levels (TRL) of their innovations. The core objective of the MedTech workshops is to help researchers recognise the commercial potential of their work, validate their ideas, and understand the TRL level of their research. Additionally, the workshops will offer attendees guidance from Neil Radford, the Translation and Commercialisation Manager (MedTech) from the Research Office.

Who should attend the MedTech workshops?

UTS staff with intent/interest to commercialise medical diagnostic, therapeutic and RNA vaccine technologies. Researchers affiliated to Centenary, Woolcock, local health districts are welcome to attend.

These MedTech workshops will provide valuable insights into Intellectual Property (IP), market analysis, business planning, and funding opportunities, helping researchers bridge the gap between academia and industry.

Criteria for attending the MedTech workshops:

1. IP Disclosure: It is preferred that individuals or teams (maximum of two) disclose relevant intellectual property (but not essential) to the UTS Research Translation Team using the UTS IP Disclosure Form in Research Master.

2. Focus on Translation: The researcher's IP should aim to translate research outcomes into impactful applications rather than conducting further research.

3. Ownership: UTS must own the relevant IP.

4. IP Management: UTS should not be restricted in managing the relevant intellectual property and/or research outcomes.

Event Details:

Date: November 18th and 19th

Time: Monday and Tuesday - 9.00am to 1.00pm

Location: CB11.30.201

MedTech Workshop Agenda

Day 1
9.00am	Welcome, introductions and icebreaker
9.20am	Innovation, entrepreneurship and the critical role of commercialising research Exploring the journey from lab to impact to initiate group engagement and hands-on work.
9.40am	Basis of IP and Evaluating Market Opportunity Explore IP fundamentals and, understand the existing market opportunities and learn to identify potential target markets
11.15am	Morning tea
11.30am	Customer Discovery and value proposition: How to prepare to leave the building and run successful and insightful customer interviews and consolidate findings into a well-articulated value proposition
12.30pm	Wrap-up and Q&A: A chance for the participants to raise any final thoughts or questions and wrap up with day one conclusions
1.00pm	Lunch and networking

Day 2
9.00am	Lean Innovation: Business Model and Minimum Viable Product Understanding the key elements of a viable business model that will inform the design of a product for early adopters to test and use
10.00am	Morning tea + Founder chat
10.15am	The Golden Circle and the Gaddie pitch The key elements of storytelling and articulating the "why" guiding the journey from lab to impact Using the Gaddie pitch model to communicate to different stakeholders
11.15am	Spinning out of UTS Q&A Understanding the scope of support available at UTS for next steps
12.30pm	Wrap-up and feedback: A chance for the participants to raise any final thoughts or questions and wrap up with day conclusions and participant feedback
1.00pm	Lunch and networking

Book your FREE place at the MedTech - Commercialisation Boot Camp before 11th November, as numbers are limited. For registration, go to https://events.humanitix.com/rtf-bootcamp

To ensure we cater to everyone’s needs, please let us know if you have any specific dietary requirements or food allergies.

Questions to: Email neil.radford@uts.edu.au