WE Corp
Corporate Innovation Program

AIC Banasthali Vidyapith in association with National Engineering Industries Ltd. (NBC Bearings) a CK Birla Group Company is organizing a ‘Corporate Innovation Program’ for innovative startups seeking opportunities to scale up through corporate strategic partnerships. The program is designed to cater to MedTech & HealthTech startups in terms of investment, scalability of customer base, validating PoC and entering to new markets.  

Program Fee – INR 40000 (all inclusive)

Apply by         – 31st August 2020

 

Focus area

To develop an affordable all-in-one remotely monitored health Kiosk for initial health parameter assessment:
  • The Kiosk could have digital auscultation, temperature measurement, blood pressure apart from basic parameters but not limited to only above parameters.
  • Target market for Kiosk would be rural India, hence robustness and telemetry options needs to be defined accordingly.
  • The primary purpose of this Kiosk is to help doctors and not meant to be providing immediate diagnostic and prescription. 
Fiscal Incentive

Selected startup gets a chance to receive Seed funding support from the corporate for transforming the PoC/ MVP into a working prototype or for final implementation of the product/solution.

Non- Fiscal Incentives
  • Opportunity to scale the solution across Rajasthan
  • Active mentoring support from the corporate to build the PoC/MVP
  • Soft-landing support to implement solution in close coordination with corporate.
  • The program duration is 3 months, can be extended as per requirement.
  • Access to world class labs at Banasthali.
  • Access to huge network of Banasthali.
Eligibility CRITERIA
  • Innovative startups in the MedTech/HealthTech space working on their PoC/MVP or have implemented similar innovative solutions. 
  • Open for all startups, however women-led startups are preferred.
TIMELINE
Date
Event
10th – 31st August, 2020 Call for Applications
1st – 6th Sept.,2020 Initial Shortlisting, followed by online interview
7th – 13th Sept. 2020 Second round of shortlisting & Pitch presentations
20th Sept. 2020 Program starts for selected startup
APPLICATION CLOSED