Griffith University in Australia has committed to a three-year partnership with a leading health technology accelerator programme based within the Gold Coast Health and Knowledge Precinct.

The LuminaX Healthtech Accelerator is a 14-week innovation programme that fast-tracks commercialisation and market-readiness for up to 10 Australian health technology startups each year.

Cohort Innovation Space, one of Queensland’s largest innovation spaces and a centrepiece of the Gold Coast Health and Knowledge Precinct, launched LuminaX in 2021.

Under the agreement, startups who are chosen through a national competitive process, will be mentored by Griffith’s globally regarded health and science academics and access the university’s cutting-edge research facilities and resources.

“This is a key collaboration for us, which will support students to gain startup skills, and create new pathways to commercialisation for our R&D in the health sector. Directing a pipeline of promising health tech startups to the Precinct and facilitating collaboration with Griffith experts is fundamental to developing the Gold Coast’s knowledge economy”, said Griffith University Vice President Industry and External Engagement, Dr Peter Binks.

Since launching in 2021, LuminaX has accelerated 21 Australian startups with $1.2 million in direct capital through our VC partners and mentors network, provided connections to over 200 clinicians and experts, linked 9 startups with access to clinical trials and research projects, and supported raising another $2 million post programme.