October 18-20 | Tucson, AZ

The Research Institution GAP Fund and Accelerator Program Summit

$35 Million Investment to Establish Health and Advanced Technology Research and Innovation Centre 

Get our GAP Insights Newsletter

Join Us

October 23-25, 2024 / Atlanta, GA

The annual summit for research institution gap fund and accelerator programs, including proof of concept programs, startup accelerators, and university venture funds

The Story

Griffith University is set to transform health and advanced technology innovation with the establishment of the Health and Advanced Technology Research and Innovation Centre (HATRIC) at the Gold Coast.

Backed by a $25 million grant from the South East Queensland Innovation Economy Fund, this landmark project will also receive $10 million from Gold Coast City Council and significant support from Economic Development Queensland (EDQ).

Located in the Gold Coast Health and Knowledge Precinct (GCHKP), HATRIC will house cutting-edge facilities, including the Advanced Design and Prototyping Technologies Institute (ADaPT), an expanded Clinical Trials Unit, and state-of-the-art biomedical research and commercialisation spaces. This initiative will seamlessly integrate Griffith University’s world-class research with industry development, driving innovation and commercialisation in partnership with industry leaders.

EDQ’s contribution will focus on supporting successful start-ups transitioning into scale-up businesses, further enhancing the Precinct’s reputation as a hub for transformative health and biotech advancements.

HATRIC is poised to elevate the Gold Coast Health and Knowledge Precinct into one of Australia’s premier innovation precincts. By fostering collaboration between researchers, students, industry partners, and scale-ups, the Centre will accelerate translational research projects while creating unparalleled learning opportunities for students.

With its focus on biomedical breakthroughs—spanning spinal injury repair, artificial ligaments, quantum technologies, and recycling medical waste – HATRIC will position the Gold Coast as a national leader in biomedical research and biotechnology.

 

Full story: $35 Million Investment to Establish Health and Advanced Technology Research and Innovation Centre – Griffith News