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MedTech – Start-up Open Challenge Program Contest

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Last Date Sep 18,2020 23:45 PM IST (GMT +5.30 Hrs)

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MedTech is being set up by a consortia comprising of Software Technology Parks of India (STPI), Ministry of Electronics and IT, 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 opening the same is 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 value of Health Care Equipment & Technology locally.

Who can Apply:
o The start-up should be incorporated as a Private Limited Company (as defined in the Companies Act, 2013/1956) or Registered Partnership Firm (Regd. under section 59 of the Partnership Act, 1932) or Limited Liability Partnership (under the Liability Partnership Act 2008)
o The date of registration/incorporation should not be beyond 10 years.
o If a company is not registered, an application may be made in the names of the promoters/founders. However, the promoters/founders must ensure that the company is registered within a period of 3 months from the date of selection for CoE.

Key Domains/Focus Areas: The Start-ups are expected to solve the problems in the following:
o MEDI ELECTRONICS
o HEALTH INFORMATICS
o HEALTH TECH
o IOT

Offerings:
• Built Up space of 15,000 to 20,000 sq.ft. at SGPGI
• Lab Facilities:
o MediElectronics& Health Informatics Lab
• Equipped with world class equipment’s needed for Medical device
• Medical Simulator manikins, Simulation Software
• PCB Fabrication Lab, 3D Printer, 4axis CNC milling Machine etc.
o IoT Lab (focusing Health care)
• Equipped with all modern equipment’s needed for IoT.
• World-class simulation software and 3D Printers.
• High-Speed Internet Access
• 24 x 7 x 365 days of Operational workspace
• Round the clock security
• Dedicated team/Support round the clock
• Financial Support through seed funding
• Technical Support
• Marketing Support
• IPR/Patenting Facilitation
• Legal, Accounting & other support Service

Open Challenge Program: STPI MediTech is inviting applications from the Startups/ Entrepreneurs for Open challenge Program in domain of Medielctronics and health informatics. Open Challenge Program (OCP) is a platform where a startup gets an opportunity to solve problems through innovative solutions. The objective of Open Challenge Program (OCP) is to identity, recognize & reward aspiring and early-stage tech entrepreneurs. This platform facilitates aspiring entrepreneurs and innovators and their success through strategic networking, seed funding, mentoring, providing support for training, marketing, patenting, access to the CoE labs, tools, software and state-of-the-art incubation facility. Timelines &duration of

OCP is as follows:
14 August 2020
Soft Launch of CoE and Start of Open Challenge Program event, Registration open for participation

18 September 2020
last day of submission of applications participation in Open Challenge Program

21 September 2020
Initial Screening: Elevator pitch via video call

25 September 2020
Finalists shortlisted and announced

20 October, 2020
Final pitch by panel.

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

Last date to apply is 18th September 2020.

For more information kindly visit: https://medtech.stpi.in/
or applicants may directly apply by clicking on: Click to Participate mentioned in the box below

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