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George Institute and UNSW Founders Join Hands to Build an Ecosystem for Health Innovations

Wednesday, August 7, 2019 Environmental Health
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In what could come as a big boost to entrepreneurs working to promote healthcare through innovations across the globe, UNSW Sydney and The George Institute for Global Health (TGI) have joined forces to launch a program designed to accelerate and scale up health-focused start-ups. This program is called Health10x.
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This unique program was conceived by both TGI and UNSW and is being delivered by UNSW’s Entrepreneurship Unit. It leverages the deep technical expertise and health-related networks of TGI, as well as the program experience and global networks of UNSW.
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The program’s first cohort of entrepreneurs includes five health start-up companies, all having a product or service that focuses on chronic diseases (such as heart disease, stroke, or diabetes) that will have an impact in the emerging economies. These start-ups are Bio-Sens Tech, Evidently, BeacoHealth, Attoquest (previously Nano Bright) and Circulatory Support Technologies.

Through the course of 20 weeks, these start-ups will receive training in vital business development and entrepreneurship skills as well as health courses delivered by researchers at The George Institute. The accelerator program includes an immersion trip to India from August 4 to 10 that will expose these start-ups to the healthcare sector in a key emerging market.

The Australian High Commission in India is supporting the Health 10x challenge and will be hosting the visiting teams on August 6, 2019. Australia’s High Commissioner to India, Her Excellency Ms. Harinder Sidhu said, “We are delighted to support the Health10x challenge. These Australian companies represent ground-breaking innovations in the health sector. This challenge forms a part of the Australian Government’s efforts to build connections and create opportunities for the Australian and Indian start-up sectors, and I see enormous potential for cooperation.”

“Given India’s focus on creating an enabling ecosystem for innovation, it is time that these start-ups are being provided this opportunity to explore the Indian market,” says Dr. Oommen John from George Institute for Global Health India who is leading the Health10x program in India.

During their six days in India, these innovators will validate how their offerings can actually transform health services delivery and improve outcomes in a real-life setting. They will visit local healthcare settings in Rohtak, Haryana, meet healthcare workers and get an understanding of the healthcare system in India. They will also meet with key officials at the National Health Agency and Ministry of Health and Family Welfare to gain an understanding of health delivery systems and the regulatory environment.

“Our aim is to help scale-up and deliver products that will help improve the health of millions of people worldwide,” said Dr. Elizabeth Eastland, Director of Entrepreneurship at UNSW Sydney.

Five teams are traveling to India – working on projects from new treatments for heart failure to a low-cost point of care testing for diabetes. “We are excited to be hosting these start-ups and hope that their visit to India is insightful and productive. India is an emerging hub for health innovations and the visit will definitely provide them with perspectives on how health challenges can be tackled in low and middle-income countries,” says Professor Vivekanand Jha, Executive Director, George Institute for Global Health, India.
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