BioNEST incubation at the MSMF MedTech Innovation Centre – BIRAC BioNEST
A programme by Mazumdar Shaw Medical Foundation TBI (MSMF TBI) (Mazumdar Shaw Medical Foundation TBI)
Resident incubation for medtech and healthtech companies with a working product, run with Villgro inside the Narayana Health City campus.
At a glance
| Best for | Medtech and healthtech companies with a working product and early traction, building affordable care for underserved patients in India |
|---|---|
| Stage | MVP – Early revenue |
| Format | In person |
| Grant support | For selected startups. A place in the programme does not by itself guarantee a grant. |
| Run with | Villgro, BIRAC, Narayana Health |
About BioNEST incubation at the MSMF MedTech Innovation Centre – BIRAC BioNEST
This is the incubator's main route in. The physical centre opened in December 2020 with 8,000 sq ft of space, and it is run jointly with Villgro, which sits on the operating team. There is no published intake window, and the site has not announced a call since the one it ran with Villgro from September 2020, so ask before you apply.
What you get
- Office space at the centre, and co-working alongside other healthtech founders
- A named clinician from Narayana Health paired with you to co-develop the solution, and a named scientist mentor alongside
- Access to the foundation's molecular and translational research facilities, and to its own bookable equipment
- Clinical validation at the foundation, and regulatory liaisoning towards device certification
- Introductions to vetted service providers and to the BioNEST community
- A route to BIRAC funding and support on follow-on rounds of investment
Who can apply
- Companies that have built a minimum viable product with early traction and have a committed team working on it full time
- For-profit businesses with a model that works over the long run
- Teams whose solution is affordable for marginalised communities in India and carries a social impact
- Solutions that can scale across geographies
- Open to outside founders. There is no student, faculty or alumni route here, and no state or category restriction is stated
How selection works: You submit an application. The incubation team screens it and gets in touch with the enterprises that match the mandate. Then comes due diligence, including site visits and conversations with your stakeholders. Finally you pitch an investment committee of outside investors and operators, which decides on both incubation and investment.
How to apply: Use the Register Now for Incubation button on the incubator's Apply Now page, which opens a registration form. Questions go to tbi@ms-mf.org.
Where to apply
Other MSMF TBI programmes
- CIP – Clinical Immersion ProgramA paid hot-desking programme that puts you inside a hospital to find and frame a healthcare problem worth building on.
- InCITEThe incubator's own account of how it bridges clinicians and molecular scientists, and what research facilities incubated founders reach.
- Hack the PaperAn un-conference series where researchers present their work in plain language, currently dormant.
Everything about Mazumdar Shaw Medical Foundation TBI (MSMF TBI)