Building bridges in health innovation

ARC Innovation at Sheba Medical Centre and the Australian Society for Medical Entrepreneurship & Innovation (ASME) have entered into a strategic collaboration to strengthen clinician-led innovation and healthcare entrepreneurship in Australia.

ASME, founded in 2023, is Australia’s first not-for-profit society dedicated to empowering clinicians to innovate and to build enterprises that advance healthcare. It serves as a national hub for clinician-entrepreneurs, fostering education, mentorship and ecosystem development across hospitals, universities and industry.

ARC Innovation (Accelerate, Redesign, Collaborate) is the world-renowned digital health and innovation ecosystem that originated at Sheba Medical Centre in Israel. Launched in 2019, ARC’s mission is to transform healthcare through global collaboration and the rapid translation of innovative ideas into real-world impact. Sheba has recently established ARC centres in London, France, Belgium, Berlin, Singapore, New Zealand and Canada and will soon establish one in Melbourne.

The model involves bringing together physicians, researchers, startups and industry leaders to accelerate the commercialisation of medical innovations. Among its flagship initiatives is the SPARC program, a structured accelerator that equips clinicians and healthcare professionals with the skills, mentorship and frameworks to develop and commercialise new health technologies and models of care.

Under this new Memorandum of Understanding, ASME has been appointed the preferred delivery partner for SPARC programs in Australia. The agreement establishes a multi-year framework through which ASME will lead the recruitment of Australian clinicians, local program delivery, logistics and co-promotion of SPARC initiatives. ARC Innovation will provide access to its global SPARC curriculum, digital platform, and international network of mentors and speakers.