Investor Presentaiton
Health and medical research and innovation
Health and medical research and innovation can contribute to improving the health
of individuals and the wider population, help the health system to be more effective
and efficient while creating jobs and new industries, and bring broader economic
benefits to the state.
Future Health Research and Innovation Fund Scheme
The Future Health Research and Innovation (FHRI) Fund Scheme, established in
2020, continues to provide a secure source of funding to drive health and medical
research, innovation, and commercialisation to improve the health and wellbeing of
Western Australians.
Released in August 2022, the refreshed FHRI Fund Strategy on a page provides
a high-level vision and goals for research and innovation in Western Australia.
It targets 6 strategy objectives with 8 priority goals. The priority goals are
approaches, needs or opportunities that have been determined to be critical to
achieving the vision of the strategy and align with the purpose of the FHRI Fund.
Four focus areas have also been introduced as part of the strategy:
A-Aboriginal, rural, and remote health
B-Burden of diseases
C-Living with COVID-19 and Long-COVID
M-Mental health.
The refreshed strategy guided the development of FHRI Fund Programs and
Initiatives during 2022-23. This included supporting 13 programs and initiatives
providing a broad range of opportunities for health and medical researchers and
innovators in Western Australia (see Table 3).
Table 3: FHRI Fund Programs and Initiatives supported in 2022-23
Capability Building Program - National Reconstruction Fund - Medical
Manufacturing
Clinician Research Fellowships
Clinician Research Training (partnership with Raine Medical Research
Foundation)
Early Career Child Health Researcher (ECCHR) Fellowships Program
(a Co-Funding Partnerships Program with BrightSpark Foundation)
DISCOV3R Focus Grants
Innovation Challenge - Generative Artificial Intelligence Applications
Innovation Fellowships
Innovation Seed Fund
FHRI Fund Distinguished Fellows Program
Major Research Application Support
The Challenge-reimagining regional and remote health care
WA Near-miss Awards - Emerging Leaders Fellowships and Grants
WA Near-miss Awards - Ideas Grants
Note: In 2022-23, the FHRI Fund made $41.4 million available for health and medical research and innovation and
implemented 13 Programs and Initiatives.
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Significant issues Report on operations Agency performance Operational disclosures ⚫Key performance indicators • Financial disclosures and compliance • AppendixView entire presentation