The Lab-to-Market (L2M) Program by IITI DRISHTI CPS FOUNDATION offers financial and developmental support to faculty members and researchers for transforming prototype-ready medical devices into market-ready solutions.
Submit your detailed project proposal and presentation through the online application portal.
आप
2
Technical Presentation
Shortlisted entries demonstrate their prototype and present technical details to an internal and external expert panel.
3
EIC Review
The External Investment Committee (EIC), composed of academia and industry experts, conducts a comprehensive review of the proposals.
4
Documentation & Compliance Check
A thorough check of all necessary documentation and compliance requirements is performed.
5
Announcement of Results
Final results are announced to the selected projects.
How to apply
Four steps from draft to disbursement — one action each.
1
Draft your application
Answer the form inside the grant tracker — AI drafts each response using your past answers, so you're not starting from a blank page.
2
Submit on the official portal
Use the official application link and verify all details before final submission.
3
Follow up
Reach out 5–7 days after submitting to confirm receipt and ask about the review timeline.
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अक्सर पूछे जाने वाले प्रश्न
What is NM-ICPS?
NM-ICPS stands for the National Mission on Interdisciplinary Cyber Physical Systems (CPS). This mission is being coordinated by the Department of Science and Technology, Government of India. There are 25 Technology Innovation Hubs (TIHs) under the NM-ICPS, and IIT Indore is one of them, with a focus on the technology vertical of System Simulation, Modelling & Visualization.
What is DRISHTI CPS?
The TIH for System Simulation, Modelling, and Visualization of CPS was set up at IIT Indore, christened DRISHTI CPS. It is registered as a Section 8 company as IITI DRISHTI CPS Foundation and has been upgraded to a Technology Translation Research Park (TTRP) under NM-ICPS, supported by DST, Government of India, focusing on Digital Healthcare.
What is the L2M initiative?
The L2M initiative aims to accelerate the adaptation of market-ready medical devices by translating innovative technologies developed in academic laboratories into practical healthcare solutions. It targets academic endeavors with a Technology Readiness Level (TRL) of 6 and above.
What are we looking for?
We are seeking Cyber-Physical Systems (CPS) technologies where a proof-of-concept has been established and a prototype is ready. Prototypes will be evaluated for innovation, technical and practical feasibility, market potential, and societal impact.
Who can apply?
The scheme is open to faculty members and researchers from Institutes of higher education and research, and medical institutes across the country. Principal Investigator(s) interested in advancing their lab-ready products toward commercialization are eligible.
What are the advantages of the program?
Support includes financial assistance for commercialization, technology enhancement, product development, invention validation and field deployment, synergy between market requirements and technology conception, Intellectual Property Rights (IPR) protection, entrepreneurship and startup support, and technology licensing/commercialisation.
What are the focus areas?
The program focuses on Simulation, Modelling, and Visualization for Cyber-Physical Systems (CPS) in Digital Healthcare. Specific areas include Medical Devices & Smart Healthcare Systems, Wearables & Continuous Monitoring Technologies, Sensors & Patient Data Acquisition Systems, and Point-of-Care Diagnostics.
How to submit your entry?
Applicants need to upload the required details and a presentation as per the provided format using the online application form.
What is the deadline for submission?
Applications are open until 31st July 2026. Applications will be reviewed regularly, even before the final end date.
What will be the evaluation process?
Entries will be shortlisted based on mandate fit with DRISHTI's focus, innovation, market size, and time to market. Shortlisted entries will be invited for a prototype demonstration to an expert panel (online/offline).
What about the IPR norms?
IITI DRISHTI CPS Foundation encourages IPR creation, protection, and commercialization. IP ownership may vest with the Foundation, solely or jointly with the Host Institution, with revenue sharing among stakeholders as per agreement.
What will be the total duration of the project?
The initial project duration is 1 year, extendable up to an additional 3 months, totaling a maximum of 15 months.
What are the eligibility criteria?
PIs/Applicants must demonstrate market clarity and assess potential competitors. Project proposals require endorsement from host institutes. Preference is given to projects with patenting potential, real-life applications, startup registration, and commercialization prospects. All applicants must be affiliate members of IITI DRISHTI CPS Foundation.
Can the project proposal have a Co-PI?
Yes, a Co-PI is allowed, provided they are also an affiliate member of IITI DRISHTI CPS Foundation.
How much financial support will be provided?
Selected projects may receive financial support of up to INR 150 lacs. The exact quantum is determined by the External Investment Committee (EIC) based on project merit, requirements, and commercialization potential.
What is the budget for undertaking a project?
Financial grants, decided by the EIC, include a maximum of 10% overhead or 2 lacs for the host institute. PIs have flexibility in fund utilization, with maximum allowable salary for manpower as per DST Norms. Capital expenditure is discouraged if it exceeds 40% of the total grant. Proposals with at least 10% industry co-financing are strongly encouraged.
What are the manpower requirements under the program?
Each project mandates onboarding at least one PhD candidate and two undergraduate (UG) candidates for 6 to 15 months. Other human resources like PG students, Postdoctoral Fellows, JRFs, SRFs, and research staff can also be included.
What is the process of review after the project is selected?
IITI DRISHTI CPS Foundation ensures continuous evaluation of selected projects through bi-monthly reviews conducted via in-person presentations or online meetings.
What are the selection criteria?
Selection criteria include innovative ideas with application potential, possibility of patenting, end-user application, cost-effectiveness, technical depth, feasibility, relevance to Cyber-Physical Systems (CPS), and the involvement of system simulation, modelling, and visualization.
इस ग्रांट के बारे में
The Lab-to-Market (L2M) Program, an initiative by IITI DRISHTI CPS FOUNDATION at IIT Indore, focuses on accelerating the development and validation of medical devices.
This program is designed to bridge the critical gap between promising laboratory innovations and their successful commercialization as practical healthcare solutions. Many academic research projects in medical device development typically reach the proof-of-concept stage, often at Technology Readiness Level (TRL) 6 or above, but face significant challenges in terms of time, budget, and resources to translate these prototypes into market-ready products. IITI DRISHTI CPS Foundation, recognized as a Technology Translation Research Park (TTRP) under the National Mission on Interdisciplinary Cyber Physical Systems (NM-ICPS) coordinated by the Department of Science and Technology (DST), Government of India, specializes in Digital Healthcare. The L2M program leverages this expertise to identify high-potential medical device prototypes and provides comprehensive support to fast-track their journey from academic labs to commercial viability. The program aims to foster an ecosystem where innovative technologies can overcome translational hurdles, ensuring they adapt to market requirements and ultimately benefit society through improved healthcare solutions.
पात्रता
The L2M program is open to faculty members and researchers from academic and research institutions, as well as medical institutes, across India.
Applicants should be working on prototype-ready healthcare technologies, with a Technology Readiness Level (TRL) of 6 or above, where a proof-of-concept has already been established.
Principal Investigators must be affiliate members of the IITI DRISHTI CPS Foundation.
लाभ और फंडिंग
₹1.5 Cr तक प्रदान करता है
इक्विटी-मुक्त (नॉन-डाइल्यूटिव)
गैर-चुकौती अनुदान
grant के रूप में वितरित
वितरण: Milestone Based
The LAB TO MARKET (L2M) Program offers substantial financial support of up to INR 150 Lakhs for selected projects, crucial for advancing medical devices towards commercialization.
