MedTech is a Center of Entrepreneurship in the field of MediElectronics and Health Informatics. This novel initiative is being set up by consortia comprising of Software Technology Parks of India (STPI), SGPGI Lucknow, Department of IT and Electronics, Government Of UP, Association Of Indian Medical Device Industry (AIMED), Andhra Pradesh MedTech Zone (AMTZ). The objectives of setting the same are to boost start-ups in the field of medical equipment/electronics & health informatics, and, to contribute to “Make-in-India” & “Digital India” programs of Govt. of India by reducing Health Care Equipment imports and recognize the value of Health Care Equipment & Technology locally. Apart from physical infrastructure, the CoE will have the access to Technocrat/Medical practitioners’ mentorship, mentorship programs and VC funding, Legal and IPR support, Marketing assistance etc.

FOCUS AREAS: Startups having innovative Idea/Product/Solution in following focus area:
• Early Disease Diagnosis
• Next Generation Technology
• Networking with Healthcare Professionals
• Point of Care- Wireless Monitoring System
• Data management

The focus area is not limited to above problem statements only. Any other product/solution which caters to one or more of the domains is invited.

OFFERINGS
• Physical infrastructure including state-of-the-art Ready-to-Work Plug & Play space
• Direct mentoring from stalwarts of business/tech domain
• Financial Support through seed funding
• High Speed Internet Access
• Access to VC funding
• Technical Support
• Marketing Support
• IPR Related Support Services
• Access to 19+ CoE Labs PAN India
• End-to-end marketing plan to place your start-up on the global map
• Legal, Accounting, IPR/Patenting Facilitation & other support Service
• Cross border collaboration via international promotional agency partners
• Sponsorship to National/International level events to showcase your products for global exposure

INCENTIVES: MedTech CoE shall guide start-ups for raising funds towards PoC, MVP and Marketing as well as scaling up through grants, equity and debt by leveraging connections with potential customers and CSR/ Corporate sources as well as angels, High Net worth Individuals (HNIs) and VCs as per appropriate size of start-ups.

PRIZE: Each selected startup that will join the MedTech CoE program would be awarded Rs. 50,000 as prize money

Link to apply: https://innovate.stpinext.in/about-us/medtech_ocp4

Last date to apply: 29th March, 2023

Note: Dates are subject to change. Kindly check the portal regularly for latest information.