IIM-Bangalore registration process for healthcare incubation programme begins

Interested ventures must note that IIM-Bangalore will conclude the application process on February 15.

The Indian Institute of Management (IIM) Bangalore begins the application process for early-stage start-ups or ventures which “have the potential to increase access and affordability of healthcare in India”. Interested ventures must note that IIM-Bangalore will conclude the application process on February 15. The selection process for the start-ups will be based on the viability of the idea and the proposed solution to the problem to be solved. Through this programme, the management institute aims to support healthcare innovators and entrepreneurs through their ‘lab to market’ journey. The programme is being offered by IIM Bangalore’s startup hub, NSRCEL.

For a three-month pre-incubation phase of the programme early-stage ventures will be shortlisted where they will be guided by mentors through need assessment, one-on-one interactions, and workshops. According to IIM-B, the entrepreneurs will get the opportunity to network with more than 800 NSRCEL ventures and connect with the partner networks – Bangalore BioInnovation Center, IIITB Innovation Center SocialAlpha, HCG Academics and others.

The management school further added, “An opportunity to pitch to NSRCEL for a 12-month incubation programme will be given to the ventures post-pre-incubation. The incubation phase will focus on entrepreneurs getting access to workshops on building their value proposition, impact measurement, leadership capacity building, legal and compliance support, a strategic road map for scaling among others along with funding.

The official statement released by the institute also states that the participants of the NSRCEL healthcare programme will receive continued support after programme completion through webinars, masterclasses, guest lectures, and workshops.

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