Australian Health Accelerator (AHx) proudly graduated its’ first cohort of nine companies at Demo Day on the 20th of March at the Sunshine Coast Health Institute, Birtinya.

The AHx graduates exhibited and pitched their latest innovative health, medtech and wellness products to an audience of over 160 attendees – sparking strong interest from clinicians, GPs, hospital industry partners, potential investors and lots of new customers.

The Innovation Centre Sunshine Coast (ICSC), in partnership with Quantum Innovation Fund Management ran the program over the last six months, engaging eleven companies.

Mark Paddenburg, ICSC Chief Executive Officer, is extremely proud of the first AHx participants which ranged from digitised GP check-in processes to augmented reality nurse training technologies and medicinal cannabis oil. “The healthcare industry is undergoing massive change and our local innovators are already making a positive impact, saving lives and vastly improving patient wellbeing.”

“Healthcare organisations across the globe face unprecedented challenges to improve quality, efficiency, access and reduce harm, waste and lower costs – all of which means innovation is in strong focus. Under our present system, just doing our best or working harder will not be enough.”

The AHx program has proven to be a catalyst for commercialising new, innovative health related products and services with access to expert mentors, new knowledge, valuable networks and state-of-the-art facilities in one of the newest and most advanced hospitals in the world.

The AHx is supported by funding from the Australian Government under its Entrepreneurs’ Programme. Other program partners include #SCRIPT, Health Tech Innovation Queensland, Redchip Lawyers, RADBE, USC, The Clinical Trials Centre, Thompson Institute, SunCare and AusIndustry.

AH-x Program Director, Tamara Mills said, “Quantum is pleased to be delivering the AH-x program and further supporting the growth and development of the Australasian health innovation ecosystem. It’s incredible to see the transformation of the AHx cohort companies over the last 6 months and exciting to see the impact that these companies are already having.”

Sunshine Coast Health Institute (SCHI) Director, Anton Sanker said the AHx program is helping to drive a culture of innovation at the Institute. “We have been very pleased to be an AHx partner and look forward to providing ongoing assistance to the founders throughout their entrepreneurial journey.