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MedTech – Start-up Open Challenge Program Contest

MedTech – Start-up Open Challenge Program Contest

MedTech – Start-up Open Challenge Program Contest

About MedTech – Start-up Open Challenge Program Contest

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:

 

* 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)

 

* The date of registration/incorporation should not be beyond 10 years.

 

* 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.

 

The Open Challenge Program (OCP) is an opportunity for a budding startup to work on the problem statements identified by Government, Industry, Academia & Startup in the focused domains of MedTech. OCP 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 and recognized by way of a cash prize up to Rs. 1 lakh and will get the opportunity to be incubated at MedTech, a CoE in Medi Electronics & Health Informatics.

 

TIMELINES

 

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

 

Last day of submission of applications participation in Open Challenge Program : 18th September 2020

 

Initial Screening: Elevator pitch via video call : 21 September 2020

 

Finalists shortlisted and announced : 25 September 2020

 

Final pitch by panel. : 20 October 2020

 

For more details refer :

https://medtech.stpi.in/index.php/open-challenge/
https://www.mygov.in/

 

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