Deadline: 14 May 2025
Applicants are invited for the Open Challenge Program (OCP) 1.0 to nurture tech-based entrepreneurship by offering access to seed funding, mentorship, state-of-the-art incubation facilities, patent support, and strategic networking.
The Open Challenge Program (OCP) 1.0 at the Centre of Entrepreneurship (CoE), Gangtok is an initiative to empower and support startups and innovators working in the domains of Healthcare and Agritech through cutting-edge IT applications.
Objectives
- To incubate startups focusing on IT Applications in Healthcare & Agritech sector.
- To create a strong ecosystem that supports Healthcare & Agritech startups with mentorship, funding, and technical support.
- To develop innovative solutions that address core Healthcare & Agritech challenges in the region.
- To enhance productivity and efficiency in Healthcare & Agritech through smart IoT applications.
- To foster a culture of innovation and technology adoption among students and professionals in the Healthcare & Agritech domain.
Focus Areas
- The program specifically supports in Healthcare & Agritech:
- Healthcare Innovation
- Remote Health Monitoring Systems
- Telemedicine & Teleconsultation Platforms
- AI/ML in Diagnostics
- Electronic Health Records (EHR) & Health Information Systems
- Emergency Response Systems
- Health Awareness & Mobile Health Apps
- Precision Agriculture
- Automated Irrigation
- Sensor-Based Crop Monitoring
- AI and Analytics in Agriculture
Benefits
- Selected startups will benefit from:
- Direct Funding support upto 25 Lakhs.
- Incubation Space: A dedicated facility in Gangtok with cutting-edge infrastructure.
- Domain Specific Labs: IN Healthcare & Agritech.
- Technical & Financial Support: Access to IoT tools, seed funding, and financial assistance.
- Mentoring & Training: Guidance from industry experts and domain-specific training programs.
- Market & Business Support: Assistance in marketing, networking, and business development.
- IPR & Legal Assistance: Support in patenting, intellectual property rights, and legal matters.
Location
- IT Applications in Healthcare & Agritech CoE is based in Gangtok, Sikkim and is dedicated to fostering technological advancements in the Healthcare & Agritech sector.
Eligibility Criteria
- Eligible applicants must meet the following criteria:
- Be incorporated as a Private Limited Company (as per the Companies Act, 2013), a Registered Partnership Firm (under the Partnership Act, 1932), or a Limited Liability Partnership (under the LLP Act, 2008).
- Have been registered/incorporated within the last 10 years.
- If not yet registered, applicants must ensure company registration within three months of selection.
- Have an annual turnover not exceeding Rs. 100 crore in any financial year since incorporation.
- Should not have been formed by splitting or restructuring an existing business.
- Must be working towards innovation, development, or improvement of Healthcare & Agritech products, services, or processes with the potential to create employment and generate wealth.
For more information, visit Sayuj.
