Apply for Aarambh 2.O (Pre- Incubation Program)

×
9

Saamarthya

Saamarthya, A Growth Incubation Program
IIHMR Startups (A unit of IIHMR Foundation)

IIHMR Startups is launching its eighteen months of Incubation program for startups on revenue generating stage.

This incubation program will be a program for 18 months, can be extended up to 24 months for high-potential startups. This Incubation program is specifically for early-stage innovators or entrepreneurs of the Health sector who have started generating some revenue and looking to scale up their venture.

The program is dedicated to supporting early-stage healthcare startups to gain traction, attain deep healthcare and business knowledge, and provide a supportive network. The program will aim to nurture innovative and scalable solutions having the capacity to solve pressing issues making them investable and sustainable. 

Eligibility

  • Any student, alumni of IIHMR University, entrepreneur, or ideation stage startup can apply
  • Idea/ Product submission should be unique and fall strictly under the healthcare or allied categories
  • Entrepreneurs/Innovators having a prototype or PoC will get the preference

Why to Apply

  • Get a chance to receive funding support up to 25 Lacs for scaling your venture
  • Access to Pilot/ Market survey opportunity with Partners
  • Access to Investor Connect and Intense mentoring from a large pool of Industry experts
  • Access to startup support services worth USD 20000, AWS, Digital Ocean, Zoho, Razorpay, Qapita, Arthayan, Freshworks, Vakilsearch and many more
  • Access to infrastructure support and Co-working space of IIHMR Startup
  • Business development support
  • Access to Business Acceleration Workshops
  • Assistance in core business operations
  • Access to Networking and Partnership opportunities
  • Assistance in getting IPR

Focus Areas for the Program

Telehealth & Telemedicine

  • Detection
  • Diagnostics
  • Chronic Disease Management
  • Clinical Trial Tech/Site less Clinical Studies
  • Drug Discovery
  • Integrated Clinical Management with AI

Digital Therapeutics & New Business Models

  • Subscription-based Chronic Disease Management
  • Novel ideas to address Emerging Healthcare Issues
  • Back Office/Admin Tools

Wellness & Organic Products

  • Organic or Healthy Food
  • Wellness & Lifestyle
  • Alternative Medication
  • Health Education

Tech-led Innovations in Healthcare

  • Virtual Reality/Augmented Reality
  • AI/NLP
  • Blockchain

Medical Tourism Healthcare Analytics

mHealth

  • Wearables
  • Medical Devices
  • Apps

Billing & Fintech

  • Insure tech – AI Driven Assistance
  • Patient Side Payment Solutions
  • Alternate Payments and Insurance Models

Call for Applications

May 22, 2023

Last Date for Registration

June 30, 2023

Virtual Presentation & discussion with selected startups

July 05, 2023

Incubation Program commences for selected Startups (Tentative Cohort size- 8 to 10)

July 15, 2023

The program concludes with the option to select startups for extended support

January 15, 2025

Business Acceleration Workshops

 Inaugural Session(Complete coverage & Peer learning)
 

Module

Business Model
  • Introduction About Entrepreneurship, Startups & Support Agencies in Entrepreneurship Development (MSME, DST, Banks, SIDBI, NSTEDB , NABARD) + Entrepreneurial Ecosystem
  • Understanding your Business and Creating Building blocks: Human-Centered Design
  • Value Proposition Canvas
  • Business Model Canvas
  • A Session on Customer Discovery/ Identifying the right customer
  • Management: Goal Setting, Decision Making, Leadership & Team Building
  • Schemes & Assistance from Financial Institutions Raising Funds from VC & Angel Investors
Marketing and Legal
  • Go to Market Strategy in Healthcare – Problem-Solution Fit
  • Storytelling
  • Brand Positioning
  • Content Marketing for startups
  • Digital Marketing
  • Building a scalable sales model in the Healthcare segment
  • UI / UX
  • Company Formation and other aspects
  • IPR & Legal Aspects of Healthcare Business
Finance/ Investments
  • Play with Business Numbers/ Unit Economics
  • Building Tech to Scale
  • Build Your Financial Model
  • Understanding Valuation
  • Deal Structuring, Termsheet & SHA
  • ESOP Policy
  • The Art of Fund Raising
  • What do investors look for in a Pitch Deck?

*Investor connects for Investment ready startups in the whole duration


For queries, write us at
startups@iihmrfoundation.org