TIMed-Technology Business Incubator

FAQ

For whom?

YOU!

You could be a student innovator, professor, clinician, surgeon, technician, engineer, entrepreneur, start up company:

  • With an innovative /creative/technical solution to an unmet clinical need
  • With a know-how/ IPR/strategy for producing affordable medical devices
  • With a commitment to developing safe, reliable and good quality medical devices
  • With ability to invest / raise funding /convince investors/ form teams
  • With unlimited enthusiasm & passion...

You could be a small medium enterprise (SME) with the above

You could be a start up located anywhere in the globe with plans to enter Indian market or need specific inputs from India

How to start

If you have a business plan ready, email it to us. Else, send us a brief write up of your plans through our website. We will review it and invite you for a presentation. Our expert committee will review your proposal diligently. If your proposal meets our selection criteria in terms of innovation content, market need, technology readiness, time to market, your ability to invest or raise funding, profile of team, motivation etc and if you can demonstrate your need for incubation @ TIMed, we can talk about the next steps....

Procedure

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Rentals and Fees

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Incubation Process

In general, it will be ensured that the incubatee must have a sound proposal in the medical device & technology domain and demonstrate the need for the incubator services. A maximum period of 36 months is envisaged that will be monitored and reviewed by the PEC

Support in technology

In general, it will be ensured that the incubatee must have a sound proposal in the medical device & technology domain and demonstrate the need for the incubator services. A maximum period of 36 months is envisaged that will be monitored and reviewed by the PEC

Support in business

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Support in marketing

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Why TIMed?

  • Strength and track record of host Institute SCTIMST
  • Locational Advantage- within vibrant Biomedical Technology Wing (BMT Wing) campus of SCTIMST
  • Management & Leadership of TIMed- committed to supporting entrepreneurship
  • Strength of other partner Institutions- KSIDC and DST
  • The Nurturing Ecosystem- Clinicians, Scientists, Public Health Professionals, Students in multidisciplinary areas, Researchers, expertise and facilities in moving from idea to market at host institute, international reputation and standing, to name a few....
General Facilities
  • Conference room, meeting room, ideation/group activity place, TIMed lounge
  • Pantry facility
  • Access to Canteen of SCTIMST
  • Access to library facility of SCTIMST
  • Access to recreational facility like shuttle badminton, table tennis of SCTIMST
  • Parking based on availability
  • Cleaning & Security Services
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