NIRMAAN – STPI MedTech Open Challenge Program 7.0
STPI MedTech incubation challenge offering selected Indian healthcare startups infrastructure, clinical support and a seed-funding opportunity up to INR 50 lakh.
About the Program
NIRMAAN is the seventh Open Challenge Program of STPI MedTech CoE. It supports startups, innovators and researchers developing medical-electronics and health-informatics products and technology-driven healthcare solutions. Successfully onboarded startups may pitch to the MedTech CoE Investment Committee for seed funding up to INR 50 lakh. Funding is not automatically awarded upon selection.
Eligibility requirements
- Applicants must work in medical electronics, health informatics or an aligned healthcare-technology area.
- Eligible solutions include ideas, proofs of concept, prototypes, MVPs and pre-market products.
- Registered startups must generally be no more than 10 years old and must not have exceeded INR 100 crore in annual turnover in any financial year since incorporation.
- DPIIT-registered startups are encouraged, but DPIIT recognition is not stated as mandatory.
Offerings / Benefits
- Opportunity to pitch for seed funding up to INR 50 lakh.
- Medical-electronics and IoT laboratories.
- Prototype development, 3D modelling and 3D printing.
- Plug-and-play workspace and meeting facilities.
- Clinical and industry mentorship.
- Clinical validation and regulatory-compliance support.
- IPR and CDSCO guidance.
- Market access, commercialization, investor connections and product-showcase opportunities.
- Selected incubatees must sign an SSHA and choose either incubation equity of 1–3%, determined using factors including previous funding, revenue and valuation, or applicable monthly per-seat service charges.
Sectors supported
Selection process
- Applications undergo multi-tier screening by domain experts.
- Stage one evaluates ideas, proofs of concept, prototypes, MVPs and pre-market solutions.
- Shortlisted applicants proceed to a pitching and final-evaluation session before the designated committee. The committee’s decision is final.
Related funding opportunities
An 8-week in-person fellowship for highly technical students and recent graduates, offering either a full-time role at a fast-growing a16z portfolio company or the opportunity to build a startup with upfront equity-free funding and investment support.
National biotechnology fellowship call providing research funding, stipends, incubation and business mentoring to young innovators.
Global accelerator for early-stage startups offering $220K investment, mentorship, fundraising support, and access to a global founder and investor network.
