The Program
MEDTECH CoE CATEGORIES
Your start-up should fall under to quality for incubation
Medi Electronics
Health Informatics
Health Tech
IoT-HEALTH CARE
HOW CAN MedTech CoE HELP YOUR START-UP GET STARTED
Lab Details
MediElectronics & Health Informatics Lab
- Equipped with world class equipment's needed for Medical device R&D.
- Medical Simulator manikins, Simulation Software
- PCB Fabrication Lab, 3D Printer, 4axis CNC milling Machine etc.
IoT Lab (focussing Health care)
- Equipped with all modern equipment's needed for IoT.
- World class simulation software and 3D Printers.
Funding and Investment
MedTech CoE shall support and 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.
INFRASTRUCTURE FACILITIES
Medi Electronics and IoT Healthcare Lab
MedTech Incubation Facility
- Facility of Plug and Play Incubation Space up to 4 seats for Free of Cost.
- STPI Lucknow Datacenter.
- High-Speed Internet Access.
- 24x7x365 days of Operational workspace.
- Round the clock security.
- Dedicated team/Support round the clock.
- Testing and Validation Facility at AMTZ on free of cost basis.
Mentorship
- Mentors shall identify specific needs at specific times like prototyping/design vendors, small-scale manufacturing vendors, large-scale manufacturing vendors, etc. and make best efforts to connect the start-ups with such ecosystem players.
- Full-time resource presence and organizing peer meetings with mentors at regular intervals.
- The platform for accessing the mentor through an online portal.
- Train/ educate start-ups in the fields of research, user experience, and business technology courses with cutting edge programming and deep-tech applications.
- Providing a multidisciplinary approach in developing innovative products based on identified business challenges.
- Support the start-ups for developing Proof of Concept, provide mentoring for designing & development and help start-ups to convert their idea into a reality.
- Transforming the start-ups from idea level to Prototype level, Prototype level to MVP (Minimum Viable Product) level, MVP level to GTM level, and graduating the start-ups into full-fledged company status.
- Support for developing, enhancing, and piloting start-ups prototype and business model in a collaborative environment.
- Conducting needs-based mentoring sessions on legal, compliance, branding, cyber security, tech, etc.
Marketing
- Beneficiary incubates of MediTech CoE shall be included in marketing knowledge sessions, road shows, networking events, social media outreach.
- International events/programs shall be organized to attract global visibility.
- MediTech CoE end-to-end marketing plan will place your start-up on the global map.
- Partnerships with key international promotional agencies shall be carried out for cross border collaboration.
Additional Services
STPI has signed MoU with M/s NRDC (National Research and Development Corporation) for filing Intellectual Property Rights such as Patenting (Drafting & Filing), Trademark, Copyright and any other IPR related support/legal/statutory support.
Monitoring
- MedTech CoE shall monitor and guide start-ups through dedicated portfolio managers and start-up support executives.
- MedTech CoE shall review and monitor the progress/performance of start-ups periodically and take necessary action as and when required in co-ordination with PMG.
List of Mentors
Padma Shri, Dr. Saurabh Srivastava, Chief Mentor
Dr. Jitendar Sharma Co-Chief Mentor
Dr. R.K. Dhiman
SH. RAVI RANJAN, IAS
Dr. Arun Mohan Sherry
Prof. Arunabha Mukhopadhyay
Mr. Siva Kumar
Mr. Sunil Moonga
Dr. Devendra Gupta
Dr. Shantanu Pandey
Dr. V.A. Saraswat
Padma Shri, Dr. Daya Kishore Hazra
Dr. Sanjeev Kubakaddi
Nitesh K. Jangir
Dr. Suhail Sarwar Siddiqui
Dr. Sanjay Gambhir
Dr. Vishal Gandhi
Mr. Jayant Tewari
Dr. Moinak Sen Sarma
Dr. Zia Hashim
Dr. Ashok Sharma
Dr. Mandakini Pradhan
Dr. Nand Kumar
Dr. Indrajit Kalita
Dr. Manish K. Pandey
Dr. Pradeep Gupta
Mr. Abhishek Agarwal
Mr. Anand Mishra
Mr. Vishal Vijay Singh
Dr. Ram Kumar
Mr. Dilip Kumar
Dr. Mohan Gurjar
Dr. Om Prakash Sanjeev
Shri Subhash Vashisht
Dr. Siva Kumar
Dr. Umesh Vaidya
Dr. Tushar Parikh
Dr. Pooja Kulkarni
Dr. Vishwajit Khemka
Shri Gajendra Upadhyay
DO YOU WANT TO BECOME MENTOR – APPLY HERE
WHO CAN APPLY
Company Type
The start-up must be incorporated as a
- 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 must not be beyond 10 years.
Annual Turnover
Start-up should have an annual turnover not exceeding Rs. 100 crore for any of the financial years since its incorporation.
Original Entity
An entity should not have been formed by splitting up or reconstructing an already existing business.
Innovative & Scalable
Entity working towards innovation, development, or improvement of products, processes, or services or if it is a scalable business model with high potential of employment generation or wealth creation.
Terms & Conditions
- Start-ups have to operate from the MedTech CoE Incubation facility at STPI Lucknow CoE at SGPGI.
- Each start-up will be offered a minimum of 5 seats.
- Each start-up has to offer designated equity to STPI as per the present valuation.
- The start-up has to pay designated services charges per seat per month for availing all of the above-mentioned facilities. The incubates under product development and R&D shall be offered a rent discount of 40% in 1st year, 25% in 2nd year & 15% in 3rd year as per the STPI Incubation Policy.
