India is in dire need to push for innovation in the healthcare sector. BFI-BIOME Network and Startup Incubation and Innovation Centre at IIT Kanpur partners to promote and catalyse the realisation of ingenious innovative ideas into tangible products and solutions with profound impact on healthcare by launching the BFI-BIOME & IIT Kanpur Bioinnovation Program. We are proud to announce the “BFI-BIOME & IIT Kanpur Bioinnovation fellowship” for individual innovators and the “BFI-BIOME & IIT Kanpur Kickstarter Initiative'' for biomedical startups. This collaborative initiative expedites the trajectory of healthcare innovators toward success through the cultivation of innovative solutions and the enhancement of technological preparedness.
Blockchain For Impact (BFI) emerged during India's 2nd wave of the COVID-19 pandemic to provide crucial support to those in need. What began as an emergency response has evolved into a systematic approach introducing programmatic interventions at micro and macro levels across the public health space.
The BFI-Biome, with a dedicated USD 15 million program initiative aims to advance biomedical research and innovation in India. This initiative brings together leading researchers, medical professionals, technologists, and innovators to collaborate and innovate in the biomedical sector, addressing pressing health challenges. For more, please visit the BFI-BIOME website.
We aim to support innovations in broad biomedical domains. Applications are invited in the following thematic areas of MedTech innovations:
Diagnostics
In-vitro diagnostic devices including but not limited to point-of-care devices, molecular diagnostic devices, and analyzers.
Medical Devices
Medical devices including assistive medical devices, implantable, prosthetics, devices in critical care, invasive devices.
Surgical Tools
Minimally invasive surgical tools & technologies, including robotic surgical manipulation and telemedicine-assisted surgical technologies.
The BFI-BIOME & IIT Kanpur Bioinnovation Program provides a comprehensive suite of offerings designed to empower biomedical innovators and startups. Here’s what you can look forward to:
The BFI-BIOME & IIT Kanpur Bioinnovation Program empowers biomedical innovators and startups through workshops to create awareness, develop networks, and build cohesive teams. Workshops provide insights into technical and business areas and connect participants with industry experts for knowledge exchange and collaboration. The program focuses on skill development, helping participants refine innovations and navigate the biomedical sector's complexities.
By offering a blend of Kickstarter support, expert mentorship, skill development, and access to top-tier infrastructure, the BFI-BIOME & IIT Kanpur Bioinnovation Program is committed to helping you turn your innovative ideas into reality and make a significant impact in the healthcare sector.
The program aims to nurture and support individual innovators working on healthcare-related technologies through fellowships of up to INR 50,000 per month for a period of 6-9 months.
Eligibility criteria for individual innovators:
The initiative is a game-changer for biomedical startups, offering unparalleled support to scale their innovations and bring them to market. With Kickstarter support worth up to INR 10 lakhs (inclusive of applicable GST), this program aims to transform groundbreaking ideas into impactful healthcare solutions.
Eligibility parameters for startups are as follows:
1. Shortlisting of applications: Applications are invited from both individual fellows and biomedical startups. Applications are reviewed and shortlisted based on novelty, feasibility, commercialisation potential and social impact in healthcare.
2. Pitch presentation: Shortlisted applications are called for pitch presentation in front of an expert panel.
3. Result announcement: The names of the successful individual innovators and startups are announced.