Improving Workforce Skills: Creating a Vibrant Entrepreneurial Ecosystem

The MedTech Actuator connects Australia’s broad ecosystem to empower founders to build the next wave of global MedTech, HealthTech and BioTech success stories. In 2020, the MedTech Actuator joined MTPConnect as a REDI partner to expand the focus of its medtech programs into BioTech, pharma and health and well-being. MedTech Actuator CEO Dr Buzz Palmer and CSO Dr Vishaal Kishore joined the podcast this week to discuss the success of its pre-seed to series A 2020 accelerator program that provided Entrepreneur-in-Residence sessions at universities, hospitals and research institutes, all delivered virtually due to COVID-19 restrictions. 15 start-ups have begun the fifth cohort of the program, which commenced in July 2020. The MedTech Actuator team also spoke of helping start-ups face the fear of failure out of start-ups and what they could learn from it, and the importance of encouraging the entrepreneurial spirit in younger Australians, particularly students.  The MedTech Actuator Origin (formerly MedTech’s Got Talent), is an early-stage pitch competition for medtech, healthtech and biotech entrepreneurs . Applications for the industry-led bootcamp opened 16 November 2020. More information at: https://medtechactuator.com/origin/