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• Complete access to AI/Data Analytics Lab (Big Data), and Innov Lab (IoT) equipped with Sample Bank, Test Equipment & Technical support.

Lab Details

MediElectronics & Health Informatics Lab ((budget: 1.95Cr)

Equipped with world class equipment’s needed for Medical device R&D.

Medical Simulator manikins, Simulation Software

PCB Fabrication Lab, 3D Printer, 4axis CNC milling Machine etc.

 

IoT Lab (focussing Health care)(budget: 2.01Cr)

Equipped with all modern equipment’s needed for IoT.

World class simulation software and 3D Printers.

Click to Access

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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&D shall be offered a rent discount of 40% in 1st year, 25% in 2nd year & 15% in 3rd year as per the STPI Incubation Policy.

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