LAB TO MARKET (L2M) PROGRAM (Medical Device Development & Validation) — Frequently Asked Questions
Answers to the questions founders most often ask about LAB TO MARKET (L2M) PROGRAM (Medical Device Development & Validation) — who qualifies, the funding amount, required documents and how the application works.
Frequently asked questions
What is the maximum funding amount?
Selected projects may receive financial support of up to ₹150 Lakhs (₹1.5 Crore). The exact amount is determined by the External Investment Committee (EIC) based on project merit and requirements.
What is the application deadline?
Applications are open until 31st July 2026. They will be reviewed regularly even before the final deadline, so early submission is encouraged.
Who is eligible to apply?
Faculty members and researchers from academic, research, and medical institutes across India can apply. The Principal Investigator must be an affiliate member of IITI DRISHTI CPS Foundation. Projects should have a prototype at TRL 6 or above.
Does the program take equity?
No, the L2M program provides a grant, not equity funding. The support is non-dilutive.
What are the key focus areas?
The program focuses on Cyber-Physical Systems (CPS) in Digital Healthcare, specifically Medical Devices & Smart Healthcare Systems, Wearables & Continuous Monitoring Technologies, Sensors & Patient Data Acquisition Systems, and Point-of-Care Diagnostics.
What documents are required to apply?
You need to submit a project proposal (endorsed by your host institution) and a presentation in the format specified in the online application form. The form is available at the provided application URL.
What is the project duration?
The initial project duration is 1 year, extendable by up to 3 months, for a maximum of 15 months total.
Is DPIIT or MSME registration required?
No, DPIIT or MSME registration is not required for eligibility. However, preference is given to projects with startup registration or potential for commercialization.
How are projects selected?
Selection involves initial screening, prototype demonstration to an expert panel, and review by an External Investment Committee (EIC) that evaluates commercialization potential and recommends funding.
Can I have a Co-Principal Investigator?
Yes, a Co-PI is allowed as long as they are also an affiliate member of IITI DRISHTI CPS Foundation.
Who offers LAB TO MARKET (L2M) PROGRAM (Medical Device Development & Validation)?
LAB TO MARKET (L2M) PROGRAM (Medical Device Development & Validation) is offered by IITI DRISHTI CPS Foundation, an academic institution. It is provided as non-dilutive funding.
How do I apply for LAB TO MARKET (L2M) PROGRAM (Medical Device Development & Validation)?
Apply directly through the official application link on this page. Review the eligibility criteria and prepare your startup documents before you begin.
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