Awards & Competitions
Inviting Applications from Medi Electronics Start-ups for the 3rd Open Challenge Program

Inviting Applications from Medi Electronics Start-ups for the 3rd Open Challenge Program

About Inviting Applications from Medi Electronics Start-ups for the 3rd Open Challenge Program

Objective:

Medtech-CoE aims to support & nurture around 50 start-ups over a period of 5 years. The initiative is expected to contribute to the Make-in-India & Digital India programs of Govt. of India by reducing Medi-Electronics imports and recognize the value of Medi-Electronics & Technology locally.

Who can apply:

Private Limited Company (as defined in the Companies Act, 2013) or

Registered Partnership Firm (Regd. under section 59 of the Partnership Act, 1932) or

Limited Liability Partnership (under the Liability Partnership Act 2008)

The date of registration/incorporation should not exceed 10 years

Focus Areas:

The Open Challenge Program (OCP) 3.0 is an opportunity for a budding startup to work on the problem statements identified by Government, Industry, and Academia & Startup in the focused domains of MedTech. OCP 3.0 is a platform where a startup gets an opportunity to solve problems through innovative solutions. Through a multi-tier screening process, emerging start-ups will be identified, shortlisted, selected, recognized and will get the opportunity to be incubated at MedTech, a CoE in Medi Electronics & Health Informatics. Each selected startup that will join the MedTech CoE program would be awarded Rs. 50,000 as prize money