Newcastle Permanent
Innovation Accelerator Program
Empowering HMRI researchers to drive real-world impact
The Newcastle Permanent Innovation Accelerator Program is a transformative initiative designed to fast-track healthcare innovations from concept to reality. Created by the Hunter Medical Research Institute (HMRI) in Partnership with Newcastle Permanent and delivered through University of Newcastle and John Hunter Health and Innovation Precinct accredited programs, this program provides funding, mentorship, and industry connections to support early and mid-career researchers.
The Accelerator aims to bridge the gap between research and real-world application by guiding participants through the translational pipeline. It supports early and mid-career researchers in overcoming barriers to innovation and research translation including commercialisation, ensuring their work leads to meaningful real-world impact.
Applications open now
A program that takes healthy further
The program offers a two-stream approach:
- Translational research pathway – accelerating the implementation and large-scale uptake of healthcare ideas.
- Commercialisation pathway – providing mentorship and funding to help researchers bring commercially viable innovations to market.
How the Newcastle Permanent Innovation Accelerator Program works
Participants will engage in a 12-week curated program, tailored to their specific innovation needs. Key program elements include:
- Initial pitch assessment – participants present their innovation to a panel of experts. Mentorship – matched mentors provide strategic guidance throughout the process.
- Goal setting and roadmap development – participants receive personalised guidance on advancing their innovation.
- Networking opportunities – exposure to key industry players, funders, and investors.
- Tailored innovation modules – culminating in development of a business plan and refined pitch deck.
- Demo Day – A final showcase where participants present their progress and next steps.
Each successful participant will receive $20,000 in funding to support their idea development and following the Demo Day panel presentation, one participant will be selected and offered a further $200,000 award.
Supporting early and mid-career researchers
The program is open to early and mid-career researchers and clinicians within the HMRI ecosystem. It is designed for those developing healthcare innovations with the potential for real-world impact, whether through large-scale implementation or commercialisation.
Participants will receive $20,000 in seed funding to accelerate their research
Expert mentorship from industry leaders and research specialists
Specialist training on business development and commercialisation
Networking opportunities with investors, policymakers and key industry figures
A chance to compete for a $200,000 award to further develop their research
Continued access to HMRI’s network and funding opportunities beyond the program
How to apply
Step 1: Check eligibility
Review Newcastle Permanent Innovation Accelerator Program Guidelines to confirm your eligibility.
Download the Guidelines here
Step 2: Prepare your application
- Download the application form here
- Eligible researchers must self-nominate and complete one application form
- The response to assessment criteria must not exceed three (3) pages
- Save your application and all required attachments as a single PDF
- Use the following file name format: 2025_Full Name_NP Innovation Accelerator Program
Step 3: Submit your application
- Email your completed application to opportunities@hmri.org.au
- Use the subject line: 2025 NP Innovation Accelerator Program
- Applications must be submitted by 11.59 pm (AEDT) on Sunday 30 March, 2025 (late applications will not be considered)
Key Program Dates
Applications open: 17 March, 2025
Applications close: 30 March, 2025
Cohort Announced: By 30 April, 2025
Program start: May 2025
Apply Now
Be part of the first cohort of the Newcastle Permanent Innovation Accelerator Program. Applications close 11.59 pm,
Sunday 30 March, 2025
Got Questions?
Reach out to Jennifer Holland
HMRI Business Development Manager
opportunities@hmri.org.au
Frequently Asked Questions
General Eligibility
Who can apply?
The accelerator is open to early and mid-career researchers (ECR/MCR) and clinicians affiliated with HMRI who have an innovative idea in health, research, or wellbeing.
Do I need a team to apply?
No, you can apply as an individual. However, applicants should demonstrate the expertise and commitment to develop their idea and be open to collaboration.
Do I need a fully developed project to be eligible?
No. Your idea should be well thought out, but it doesn’t need to be fully developed. The program is designed to help refine and advance promising projects.
Can I apply if I have already received funding for my research?
Yes, but you must demonstrate how the accelerator will further develop your idea beyond existing funding sources.
Do I need to be working on my project full-time?
Not necessarily, but applicants should be prepared to dedicate significant time to the program. Participation in key activities, including workshops and mentoring sessions, is required and estimated at four hours per week.
Application Process
How do I apply?
Applications are submitted through an online portal. You’ll need to provide details about your research idea, its potential impact, and your commitment to the program.
What makes an application stand out?
Strong applications clearly explain and evidence the problem being addressed, propose an innovative solution, and can describe a clear pathway to generating real-world impact..
What is the selection process?
Applications are reviewed by an expert panel. Shortlisted candidates may be invited for an interview before final selections are made.
Can I apply if I have participated in another accelerator or funding program?
Yes, but you should explain how this program will provide additional value to progress your project.
Can I reapply if I am not selected?
Yes, we encourage applicants to refine their ideas and apply for future rounds.
Program Structure & Expectation
What is the duration of the program?
The accelerator runs for 12 weeks, starting in May 2025.
How many researchers will be accepted in the initial intake?
The initial intake will include four researchers.
Will I receive funding?
Yes. Each participant receives $20,000 in seed funding to support their project.
Is there an opportunity for further funding?
Yes. At the end of the program, the top-performing participant will be able to access $200,000 award towards further development of their research.
What kind of support will I receive?
Participants will have access to:
- Industry and research mentors
- Workshops and training on business development and commercialisation
- Opportunities to connect with investors, policymakers, and industry leaders
What are the time commitments?
Participants should expect to attend regular workshops, mentoring sessions, and peer discussions, estimated at four hours per week. Time requirements vary but are structured to fit around research commitments.
Will I need to attend sessions in person?
Yes, workshops, mentoring sessions, and peer discussions will be held in person at HMRI.
What happens at the demo day?
At the end of the program, participants will present their projects to an audience of investors, industry leaders, and policymakers. This is a key opportunity to gain support and funding.
What happens after the program ends?
Graduates will gain ongoing access to HMRI’s network, mentors, and funding opportunities.
Is the demo day mandatory?
Yes. This is a core part of the program and a chance to showcase your work to key decision-makers.
Who owns my idea after the program?
If a program participant is an employee or student of the University of Newcastle, they agree and acknowledge that intellectual property ownership will be in accordance with the University’s Intellectual Property Policy and Intellectual Property Procedure.
If a program participant is an employee of Hunter New England Local Health District, they agree and acknowledge that intellectual property ownership will be in accordance with the NSW Health Policy Directive: Intellectual Property arising from Health Research and NSW Health Commercialisation Framework. Learn more here
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