Date: December 17, 2021
MedTech CoE to nurture 50 startups over five years
The centre has been set up with an estimated budget of Rs 22 crores and will be housed at the Sanjay Gandhi Post Graduate Institute of Medical Sciences (SGPGI), Lucknow with a built-up space of 15,000 sq ft
With an estimated budget of Rs 22 crores, the MedTech – A Center of Entrepreneurship (CoE) will nurture 50 startups over five years, stimulating R&D in medical electronics and health informatics while facilitating an entrepreneurial ecosystem to promote young innovators to create affordable, high-quality indigenous medical products, drive employment, and contribute to the economy. This CoE at Lucknow is being set up by STPI & MeitY in collaboration with Sanjay Gandhi Post Graduate Institute of Medical Sciences (SGPGI), Lucknow; Department of IT & Electronics (Govt. of UP); Association of Medical Device Industry (AiMED); and Andhra Pradesh MedTech Zone (AMTZ). Dr Saurabh Srivastava, Former Chairman of NASSCOM, Founder, Indian Angel Network has given his consent to be the Chief Mentor of MedTech CoE.
The CoE will be housed at the SGPGI campus, with a built-up space of 15,000 sq ft. MedTech CoE is bringing together a pool of 16 mentors and 25 partners from different categories like Academic, Industry, Networking Partners, Investment etc viz. SGPGI, SIIC IIT Kanpur, IIIT Lucknow, IET Lucknow, KIHT, TiELucknow, General Electric; Wipro; Siemens and Philips (India) etc. which will be connected with startups. In this CoE 26 early-stage startups have been selected from nearly 150 applications and further 51 more startups have applied to join the MedTech CoE.
Rajeev Chandrasekhar, Minister of State Electronics & IT and Skill Development and Entrepreneurship, Govt of India will inaugurate MedTech Centre of Entrepreneurship established at Sanjay Gandhi Post Graduate Institute of Medical Sciences (SGPGI), Lucknow.
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