Innovation in MedTech (IHFC, Siemens Healthineers & ARTPARK)
Offered By - I-Hub Foundation for Cobotics (IHFC), Siemens Healthineers
About the Program
The Innovation in MedTech Call for Proposal is a joint initiative by I-Hub Foundation for Cobotics (IHFC), Siemens Healthineers, and ARTPARK.
The program is designed to bridge clinical challenges with real-world innovation, enabling startups and researchers to build solutions that can move from lab to commercialization. It focuses on creating a translational ecosystem – connecting healthcare needs with engineering, research, and industry collaboration.
Unlike generic incubators, this program is structured around specific high-impact clinical problem statements, particularly in areas like imaging systems, radiation monitoring, and ultrasound automation. This ensures that selected solutions are not just innovative but also directly applicable in healthcare settings.
The initiative aligns with India’s broader goal of becoming a global MedTech innovation hub, with emphasis on indigenous development, affordability, and scalable healthcare solutions.
Why This Program Stands Out:
- Direct focus on real clinical problem statements (not open-ended ideas)
- Backed by industry (Siemens) + academia (IIT Delhi, IISc)
- Strong emphasis on productization and commercialization
- High funding support compared to typical early-stage programs
Offerings / Benefits:
- Funding support up to ₹2 Crore per project
- Opportunity to develop solutions aligned with real clinical use cases
- Access to collaborative ecosystem (industry + academia)
- Pathway toward product development and commercialization
Sectors Supported:
- Medical Technology (MedTech)
- Healthcare Devices & Equipment
- AI in Healthcare
- Medical Imaging & Diagnostics
- Robotics in Healthcare
Funding & Benefits
This program offers a combination of financial support, mentorship, and ecosystem access to help startups grow and scale their solutions effectively.
Funding
Go-To-market & Business Strategy
Lab Access
Mentorship
Beyond funding, programs like this provide credibility, exposure, and strategic support that can significantly accelerate a startup’s growth journey.
Who Can Apply / Eligibility
- Open to Indian startups
- Open to researchers from Indian academic and research institutions
- Applicants must propose solutions aligned with defined MedTech problem statements
- Focus on innovation with potential for real-world clinical application
Selection Process
- Proposal submission through official application portal provided below
- Evaluation of proposals (scheduled mid-June 2026)
- Final selection announcement (last week of July 2026)
How to Apply
- Visit the official application form
- Prepare your proposal aligned with the listed MedTech problem statements
- Submit the application before 30 April 2026
Frequently Asked Questions
- Open to Indian startups
- Open to researchers from Indian academic and research institutions
- Applicants must propose solutions aligned with defined MedTech problem statements
- Focus on innovation with potential for real-world clinical application
Source & Verification
All information is compiled from publicly available sources. Refer to the links below for most accurate & updated details. Disclaimer
- Source 1: www.ihfc.co.in
- Source 2: ihfccoin-my.sharepoint.com
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