Frequently Asked Questions
Who are the shareholders of InnoWell?
The University of Sydney and PwC each have a 45% shareholding in InnoWell. The remaining 10% shareholding is evenly shared between Professor Jane Burns and Professor Ian Hickie.
Why was InnoWell established?
InnoWell was established to take to market the products of the Young and Well Cooperative Research Centre (CRC), to deliver Project Synergy as funded by the Australian Government, and to explore sustainable business models to support mental health service system reform. The Young and Well Cooperative Research Centre was funded by the Department of Industry and Innovation that ran between 2011-2016.
What is the Young and Well Cooperative Research Centre (CRC)?
The Young and Well Cooperative Research Centre was funded by the Department of Industry and Innovation that ran between 2011-2016, which focused on young people, technology and wellbeing. During this time, and in partnership with the University of Sydney’s Brain and Mind Centre, a platform called the Synergy Online System was developed and four research trials were conducted. On 30 June 2016, Young and Well CRC novated the Synergy Online System and related intellectual property (IP) to the University of Sydney. The University has since licenced this IP to InnoWell. InnoWell has further developed the platform and rebranded it the InnoWell Platform.
What is Project Synergy?
Project Synergy is a series of research and implementation science trials that include the co-creation, co-design and co-development of InnoWell’s platform. More information can be found on the Project Synergy website.
What is the InnoWell Platform?
What is the governance around Project Synergy?
The Project Synergy Steering Committee provides strategic advice to support the development and implementation of Project Synergy in accordance with the agreement set out by the Australian Government. The Steering Committee is chaired by Dr Michael Costello. The membership of this Committee includes representatives from the Department of Health, the Department of Veterans’ Affairs, independent academic and service providers, and people with a lived experience. InnoWell also reports on project activities monthly to the Department of Health. All Project Synergy program activities are also reported to the InnoWell Board of Directors.
Who are the lead researchers involved in Project Synergy?
InnoWell subcontracted the research services of The University of Sydney’s Brain and Mind Centre to provide a research and development group (R&D Group) to conduct the research trials that will continue the co-design, development, implementation and evaluation of InnoWell’s platform within different settings across the lifespan as well as the broader veteran community. This group is led by Professor Ian Hickie – Project Synergy Scientific Advisor; and supported by Tracey Davenport – Director of Research Governance, Design and Analytics; and, Dr Shane Cross – Director of Clinical and Service Implementation.