|
India’s healthcare sector is expected to reach A$518 billion by 2022. The Indian Government plans to increase public health spending from the current 1.15 per cent to 2.5 per cent of the country’s GDP by 2025 and has introduced favourable policies for digital transformation of the healthcare sector. During the pandemic, digital platforms helped address the challenge of inaccessibility of clinics and doctors and limitations faced by vulnerable populations in traveling to healthcare facilities due to infection risk. Austrade identifies opportunities for Australian Intelligent health solutions to be integrated into the Indian digital health value chain. Indian National Digital Health Mission (NDHM) presents opportunities for Australia’s digital health technology providers in areas of remote care and monitoring, digital therapeutics and diagnostics, AI, genomics, cyber security, e-prescription etc.
Austrade is organising the Innovative Health Bootcamp to help Australian businesses increase knowledge and networks to scale their business into India.
The bootcamp will be delivered in partnership with:
• AstraZeneca A. Catalyst Network – global biopharmaceutical company
• CSIRO – Australia’s national science agency
• ANDHealth – Australia’s leading provider of accelerator, incubator and commercialisation programs for digital health technology companies
• NASSCOM – India’s apex body for the IT and BPM industry
Successful applicants will go through a deep dive on the Indian healthcare market led by industry experts over two weeks. This will include:
• Exclusive workshops to help you develop market entry strategy, covering topics like navigating local regulations, clinical pathways, protecting intellectual property, pitching for potential venture capital fundraising
• One-on-one business development advice and mentoring
• Strategic introductions to potential customers, partners, key opinion leaders, investors and industry bodies
• The entire bootcamp will be delivered online and free of charge
• Successful applicants may be considered for additional support through CSIRO’s SME Connect innovation programs or the AusIndustry Entrepreneurs Program if they also meet the key eligibility requirements.
Apply to participate by 26 November, 2021. Places are strictly limited and applications are subject to competitive assessment. Successful candidates will be notified by 10 December, 2021.
|