The overt goal of the ARC Training Centre in Biodevices is to assist Australian biodevice and diagnostics companies to develop the next generation of innovative and profitable products that address important healthcare needs in our communities. However, in order to achieve that goal, the structure of the funding scheme has encouraged a somewhat unconventional approach that challenges each of our stakeholders (i.e. students, academics and industry partners). The students are enrolled in the PhD (Technology Innovation) degree, which has components relating to industry employability, in addition to the standard PhD requirements. The research projects themselves are unusual in that they have the characteristics of "radical innovation", rather than the "incremental innovation" that normally defines industry research. The approach also has interesting implications for academics who are interested in industry engagement, not least in terms of how we recognise impact. The Training Centre is just over a year old now and appears to be well on track. This presentation will provide an update on progress to date. Recorded on 4 May 2016.