Deadline: 4 May 2025
Applications are now open for the Healthcare Incubation Program to provide comprehensive support to healthcare innovators and entrepreneurs, guiding them from ‘lab to market’.
NSRCEL in collaboration with DailyRounds, is supporting early-stage healthcare startups in the prototype to early revenue stage that have the potential to increase access and affordability of healthcare in India.
The program is hybrid in format. While all the sessions will be conducted online, founders will have the chance to visit NSRCEL at the start of the program for the Kick-Off Bootcamp and at the end of the program for the End Reviews. The program is for 5 months.
Benefits
- Access to product innovation labs, lab suites, workspace
- Curated online sessions and masterclasses from sector and industry experts to refine problem statements, value proposition, go-to-market strategy and business model
- One-On-One Mentoring
- Regulatory, IP, legal and finance advisory
- Access to the hospital network
- Investor Connects
- Grants upto Rs 1 Cr for select ventures
Who is it for?
- Healthcare Innovators
- Individuals or small teams with pioneering ideas addressing significant healthcare challenges through new treatment methods, unique healthcare delivery systems, or innovative medical research.
- Health Tech and Digital Health Startups
- Startups leveraging advanced technology to enhance healthcare delivery, improve patient outcomes, and increase operational efficiencies through telemedicine platforms, AI-driven diagnostic tools, health data analytics etc.
- Biotech and MedTech Startups
- Companies focused on biotechnological advancements and creating medical devices that improve diagnostics, therapeutic procedures, or patient monitoring by developing of new drugs, vaccines, gene therapies, other biological products etc.
- Public Health and Affordable Healthcare Solutions
- Initiatives addressing public health issues, particularly improving healthcare access in underserved communities, and startups reducing healthcare costs through innovative business models and technologies, focusing on preventive care, health education, community health interventions etc.
- Elderly and Chronic Care Startups
- Innovations targeting the needs of elderly patients and those with chronic conditions by care management solutions, remote monitoring systems, assistive technologies, and chronic disease management programs.
Eligibility Criteria
- They are looking startups PAN India.
- Startups in the prototype to early revenue stage are eligible.
For more information, visit NSRCEL.