Key messages

  • The inaugural Victorian Medical Research Acceleration Fund makes available two tiers of funding up to $100,000 and $500,000. 
  • The aim of the fund is to support the translation of early stage health and medical research into health and economic outcomes. 
  • Applications are now open for health services, industry, medical research institutes and education institutes. 

The Victorian Medical Research Acceleration Fund aims to support those in the early stages of health and medical research to translate their work into health and economic outcomes. 

The competitive program leverages funding from philanthropic, industry and international sources. It's designed to capitalise on Victoria’s comparative advantages in medical research, increase the efficiency of the Victorian health system and further enhance the Victorian economy’s investment attractiveness.

Round 1 is now closed.

Who can apply

Applications will be accepted from collaborations or partnerships between:

  • health services
  • industry
  • medical research institutes
  • education institutes.

Available funds

The Victorian Medical Research Acceleration Fund will provide $3 million per annum to help address current market gaps and deliver rewards for research. Funding is divided into two tiers.

Tier 1 funding is for proposals up to $100k. It supports early stage innovations including discovery research, clinical research and health practice, or an idea or innovation to attract peer review funding or investment by industry.

Tier 2 funding is for proposals up to $500k. It supports a small number of research proposals to ‘fast track’ translation into health and economic outcomes. Matching funding will be required to demonstrate capacity to collaborate and undertake research that has a clear pathway to translation.

How to apply

For more information and to apply:

Download the application form and guide which includes the selection criteria.

Round 1 is now closed.