The Breakthrough Fellowship Program is a $7.5 million, multi-year initiative aimed at fostering research entrepreneurship in Victoria. It is projected to establish up to 50 new companies and create at least 50 jobs, thereby nurturing entrepreneurial talent and enhancing future investment pipelines.
THE INVESTMENT
The Investment | Mohammad Haft Tananian, InnovaIVF |
Investment Vehicle | Fellowship |
BV Investment | $150,000 |
THE PROBLEM
Infertility affects 1 in 6 people globally and IVF treatments are physically, emotionally, and financially demanding, with low success rates and high uncertainty. People often undergo multiple cycles without guaranteed outcomes, leading to significant distress.
THE SOLUTION
Founder Mohammad Haft Tananian (Monash University researcher) has developed a non-invasive optical imaging technology that improves embryo selection during IVF. This innovation offers precision at a lower cost and aims to increase the success rate of treatments by helping clinicians choose the most viable embryos.
THE POTENTIAL IMPACT
InnovaIVF could transform fertility care by making IVF more effective and less burdensome. It offers hope to millions of couples worldwide, potentially reducing the number of cycles needed and making fertility treatment more accessible and affordable.