BFI-BIOME & IITK Bioinnovation Program - Cohort 2

For Fellowship (Individual Innovators):

• Nationality: Must be an Indian national.
• Age: Must be at least 21 years of age.
• Area of Work: Working in medical devices, in-vitro diagnostic devices, or surgical technology, preferably at Technology Readiness Levels (TRL) 1-3.
• Educational Qualification: Minimum of four years of formal education in sciences or engineering disciplines, following 10+2 qualification.
• Commitment: Willing to work full-time during the fellowship period and not drawing remuneration from other sources concurrently.
• Incubation: Willing to incubate their company with SIIC IIT Kanpur as per institutional policies.

For Kickstarter Initiative (Startups):

• Registration in India: Registered within the territory of India within the preceding seven years.
• Equity Ownership: Minimum 51% equity held by Indian citizens.
• Focus: Pursuing development of a product or technology in medical devices, in-vitro diagnostic devices, and surgical technology with potential for substantial societal impact on healthcare in India.
• Technological Maturity Level: Product or technology with a Technology Readiness Level (TRL) of 3 or higher.
• Incubation Partnership: Willingness to participate in the incubation program offered by SIIC IIT Kanpur.
• Commercialization Strategy: Must present a clearly defined roadmap outlining the path to commercialization.

Basic Eligibility (common):

• Applicants/startups should be working in relevant healthcare technology domains.
• Selected participants must be willing to incubate with SIIC IIT Kanpur as per institutional policies.