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Lab-to-Market (L2M) Program

IIT Indore's Lab-to-Market program supports prototype-ready medical technologies with funding, IP support, and commercialization assistance.

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Funding amount
Up to INR 150 Lakhs
Scheme
Lab-to-Market (L2M) Program
Open for
Open to applicants across India., Faculty, researchers, and startups are eligible., Preference is given to projects with a registered startup or a clear commercialization pathway.
Deadline
Apply by 31 July 2026

About the Program

The Lab-to-Market (L2M) Program is an initiative of IITI DRISHTI CPS Foundation at IIT Indore to accelerate prototype-ready medical technologies into commercially viable healthcare products. The program provides non-dilutive funding, technology development support, IP protection, and commercialization assistance for innovations that have progressed beyond proof-of-concept. The program is operated under the National Mission on Interdisciplinary Cyber Physical Systems (NM-ICPS), Department of Science and Technology (DST), Government of India.

Eligibility requirements

  • Prototype-ready healthcare technologies with TRL 6 or above.
  • Faculty members and researchers from academic, research, and medical institutions across India.
  • Registered startups working on eligible healthcare technologies.
  • Principal Investigator and Co-Investigators must become affiliate members of the IITI DRISHTI CPS Foundation.
  • Proposal must be endorsed by the host institution.
  • Projects should demonstrate commercial potential, market understanding, and IP potential.

Offerings / Benefits

  • Non-dilutive funding of up to INR 150 Lakhs.
  • Technology development support.
  • IP protection, patenting, and technology licensing assistance.
  • Commercialization and market validation support.
  • Access to IIT Indore's Digital Healthcare Technology Translation ecosystem.
  • Support to hire engineers, UG, PG, and PhD fellows.
  • Initial project duration of 1 year, extendable up to 15 months based on milestones.

Sectors supported

Medical devices.Smart healthcare systems.Wearables and continuous monitoring technologies.Medical sensors and patient data acquisition systems.Point-of-care diagnostics.Health, Pharma & Biotech

Selection process

  • Online application submission.
  • Evaluation of technical readiness, commercialization potential, IP strength, and market opportunity.
  • Institutional review and expert assessment.
  • Selected projects receive funding and technology translation support.

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