Union minister Rajeev Chandrashekhar inaugurates MedTech Centre of Entrepreneurship in Lucknow

The CoE will provide facilities to startups in the field of Medi electronics and health informatics while accelerating the startup culture in the state and supporting local economy and generating employment opportunities

Rajeev Chandrasekhar, Minister of State Electronics & IT and Skill Development and Entrepreneurship inaugurated MedTech Centre of Entrepreneurship established at Sanjay Gandhi Post Graduate Institute of Medical Sciences (SGPGI), Lucknow.

MedTech- A Centre of Entrepreneurship (CoE) in Medial Electronics & Health Informatics is an initiative of the Software Technology Parks of India (STPI), an autonomous society under the Ministry of Electronics & Information Technology (MeitY).  This CoE at Lucknow is being set up by STPI & MeitY in collaboration with Sanjay Gandhi Post Graduate Institute of Medical Sciences (SGPGI), Lucknow; Department of IT & Electronics (Govt. of UP); Association of Medical Device Industry (AiMED); and Andhra Pradesh MedTech Zone (AMTZ). Padamshree Dr. Saurabh Srivastava, Former Chairman of NASSCOM, Founder, Indian Angel Network has given his consent to be the Chief Mentor of MedTech CoE.

The CoE will provide facilities to startups in the field of Medi electronics and health informatics while accelerating the startup culture in the state and supporting local economy and generating employment opportunities.

While inaugurating the Centre Union Minister stated, “MedTech CoE can boost cross-disciplinary application development like medical plus technology, that’s the future. The big innovations are expected from this space. The amount of works done on technology front during the last 4-5 years has helped India bring resilience during the COVID period. Today, India is the largest startup ecosystem in the world. Medical electronics has a special importance in this scenario. The combination of engineering and medical science can catalyse innovations in healthcare sector.”

Speaking on the occasion, Arvind Kumar, Director General, STPI underlined, “MediTech CoE can bring a paradigm shift in research & innovation in medical electronics & health informatics sectors by providing a robust ecosystem focusing on startups and enabling them to build path-breaking products in MedTech domain while creating IPRs, boosting exports, reducing imports, and making India a global hub for manufacturing of medical electronics equipment.”

15 MedTech startups have been selected for incubation at the MedTech centre. The Centre of Entrepreneurship will provide plug and play facilities, co-working/incubation space, high speed internet (500MBPS), Medi electronics & Health informatics & IoT Labs, support on intellectual property rights, assistance for marketing and network outreach amongst other facilities.