Finance

18th August 2020

New UK-India med-tech programme to fight COVID-19

Innovative Indian med-tech start-ups are invited to apply by 31 August to be a part of the new ₹5.6 million manufacturing support programme.

The UK government and Andhra Pradesh MedTech Zone (AMTZ) have joined forces to plug the gap between the demand and supply of ventilators and essential medical equipment to fight the COVID-19 pandemic.

Selected start-ups will be hosted at AMTZ’s MediValley incubation centre, receiving financial, technical and infrastructure support necessary to make their equipment market-ready. The programme is part of a Memorandum of Understanding (MoU) signed recently between the UK government and AMTZ. The MoU aims to boost med-tech collaboration between the two countries by creating direct research and development linkages between UK companies and AMTZ’s manufacturing and testing facilities, and to the wider Indian healthcare market.

The deadline for applications is 31 August, 2020.

Find out more here