BioMelbourne Network in partnership with Allens hosted a roundtable with the Hon Phillip Dalidakis Minister for Small Business, Innovation and Trade on the 20th of June to discuss the biotech and medtech startup ecosystem.
Minister Dalidakis has a vision for Victoria as a leading global hub for start-ups, to grow the ecosystem of support to make Melbourne a thriving start-up city. Through LaunchVic, the Victorian government has committed $60 million invested over 4 years into the development of Victoria’s startup ecosystem. What does this mean for the biotech and medtech sector?
There are some similarities, but also key differences in the support needed for biotech and medtech start-ups compared to other sectors such as IT or fintech. This roundtable will be an opportunity for BioMelbourne Network members to lead the discussion on the policy settings needed to support new venture creation in Victoria and identify where government programs can be of most value to the biotech and medtech startup community.