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- STPI has signed MoU with M/s NRDC (National Research and Development Corporation) for filing Intellectual Property Rights such as Patenting (Drafting & Filing), Trademark, Copyright and any other IPR related support/legal/statutory support
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MEDITECH CoE CATEGORIES YOUR START-UP SHOULD FALL UNDER TO QUALIFY FOR INCUBATION
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WHO CAN APPLY
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Company Type
The start-up must be incorporated as a
- Private Limited Company (as defined in the Companies Act, 2013) or
- Registered Partnership Firm (Regd. under section 59 of the Partnership Act, 1932) or
- Limited Liability Partnership (under the Liability Partnership Act 2008)
The date of registration/incorporation must not be beyond 10 years.
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Annual Turnover
Start-up should have an annual turnover not exceeding Rs. 100 crore for any of the financial years since its incorporation.[/vc_column_text][vc_column_text]
Original Entity
The entity should not have been formed by splitting up or reconstructing an already existing business.[/vc_column_text][vc_column_text]
Innovative & Scalable
Entity working towards innovation, development, or improvement of products, processes, or services or if it is a scalable business model with high potential of employment generation or wealth creation.[/vc_column_text][vc_column_text]
Terms & Conditions-
- Start-ups have to operate from the MediTech CoE Incubation facility at STPI Lucknow CoE at SGPGI.
- Each start-up will be offered a minimum of 5 seats.
- Each start-up has to offer equity of up to 5% to STPI as per the present valuation.
- The start-up has to pay Rs. 6,000/- + tax per seat per month for availing all of the above-mentioned facilities. The incubates under product development and R&
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