Melbourne-based health technology start-up company, MyGolgi, have won the 2016 Victorian State Government supported Innovation Showcase Scholarship.
MyGolgi offer an easy-to-use wearable that provides consumers with continuous feedback for injury rehabilitation and prevention. The innovative device consists of a sensor that is placed on the body whilst live feedback is communicated through a mobile device. The live feedback predominantly delivers information about the user’s posture, movement and position in space which can be used to aid rehabilitation and prevention of injury. Users also have the option of sharing their data with healthcare professionals to assist them in making more informed decisions regarding treatment.
The Innovation Showcase Scholarship is designed to give early-stage Victorian medical technology companies the opportunity to establish global industry connections and discover business development and investment opportunities. The Scholarship is linked to AdvaMed 2016 – the largest medical technology conference in North America taking place in Minneapolis on 17th -19th of October 2016.
The annual AdvaMed conference is where innovative medical technology leaders from around the world meet for strategic business development, investment and world-class education. Last year’s event attracted over 2,500 attendees from more than 30 countries and this year’s promises to be even greater as AdvaMed celebrates its 40th anniversary.
As winners of the 2016 Innovation Showcase Scholarship, MyGolgi will have their technology featured as an investment opportunity – along with other early-stage medical device, diagnostic and digital health companies from around the world – in the Innovation Showcase at AdvaMed 2016.
CEO and Co-Founder of MyGolgi, Mitchell Finlayson, could not be happier about receiving this sought-after scholarship:
“The team at MyGolgi is excited to have this opportunity to be part of the AdvaMed 2016 Innovation Showcase, and demonstrate how our innovative wearable technology will help people suffering from pain and injury to rehabilitate smarter and faster. MyGolgi was co-founded by a biomedical engineer, mechanical engineer and sports physiotherapist. Together we hope to see MyGolgi become a widely adopted biomechanical tracker for injury prevention and management. Through AdvaMed 2016, we aim to link with future partners to launch MyGolgi as a globally recognised wearable device.”
BioMelbourne Network CEO, Dr Krystal Evans, said the following about the scholarship:
“Melbourne is a thriving hub for the development of next-generation medical technologies. MyGolgi will be representing Victoria on the international stage; a start-up who showcase all that Melbourne’s growing health innovation community has to offer. These health tech entrepreneurs have the potential to change lives across the world, helping patients to recover faster by providing personalised health data. I am so proud to see Melbourne innovation going global at the AdvaMed 2016 conference.”
About the Innovation Showcase Scholarship
The Victorian Government has highlighted the biotechnology, medical technology and pharmaceutical sector in Victoria as being a key growth area in innovative research and development. Sponsored by the Victorian Government and supported by the BioMelbourne Network, Innovation Showcase Scholarship winners secure a speaking slot in the Innovation Showcase; complementary conference registration; access to the Strategic Investor Speed Dating event; a dedicated table for one-on-one meetings and invitations to exclusive receptions at AdvaMed 2016.
About the BioMelbourne Network
The BioMelbourne Network is a not-for-profit membership association for organisations engaged in biotechnology, medical technology and health innovation in the state of Victoria. Our role is to foster links between companies, research organisations, financial markets and government, creating an environment for greater collaboration and prosperity.
Playing a critical role in connecting health, research and industry, BioMelbourne Network’s mission is to build the ecosystem of capabilities in Melbourne to support the development and commercialisation of new drugs, devices, diagnostics and digital health technologies to impact healthcare globally.
For further information, please contact
Mitchell Finlayson
CEO and Co-Founder
MyGolgi
M: 0422 289 290
E: mitch@mygolgi.com
Andie Beattie
Communications Officer
BioMelbourne Network
M: 0437705332
E: abeattie@biomelbourne.org
Dr Krystal Evans
Chief Executive Officer
BioMelbourne Network
E: kjevans@biomelbourne.org
