Pitch your innovative health product idea

Sydney-based company ide Group will be awarding $25,000 worth of product design and development support for the best health innovation product idea pitched at Building Better Futures for Health: A Product Design Challenge. Judged by a panel of medtech industry leaders, the event will take place during the Vivid Ideas Exchange sessions held at the Museum of Contemporary Art on 2 June as part of Vivid Sydney.

The event hopes to attract early-stage entrepreneurs from across Australia with novel product ideas and technologies that have the potential to make a significant difference to people’s health. ide Group’s co-founder and managing director, George Sidis, explained that it was born out of a desire to support and progress ideas that have the ability to address issues affecting Australia’s health in a new and engaging way.

“We’re very excited to present an event during this year’s Vivid Ideas Exchange that provides a platform for new start-ups in the medtech space to publicise their business opportunity in a bid for financial and other support,” Sidis said.

To alleviate the challenges associated with navigating the medtech landscape, ide Group will be awarding the winner of the competition $25,000 worth of services to develop their idea on-site at The Connectory, a workshop and co-working space at the company’s headquarters. It will thus provide occupants with ready access to ide Group capabilities and facilities.

“This is a rare opportunity for entrepreneurs to connect with medtech industry leaders, including product design and development experts, to commercialise their ideas in a space fully equipped and supported for the successful, compliant design and development of medical devices,” said Sidis.

The challenge promotes itself to be an inclusive event where no idea is too big or too small, with Sidis stressing, “This competition is not just about looking for the single best product idea.

“We want this event to be a celebration of health innovation whilst showcasing a diverse range of medical device product ideas, provide a platform for those ideas to be discovered and enable new industry partnerships to be inspired and developed.”

Competition entries are now open and will close on 29 April. For more information and to apply, click here.