
Accelerating Medical Device Innovation from Laboratory to Market
The Lab-to-Market (L2M) Program on Medical Device Development & Validation supports researchers and innovators in transforming laboratory-stage healthcare technologies into validated, scalable, and commercially viable products. The initiative focuses on technologies with Technology Readiness Level (TRL) 6 and above.
Program Highlights
31 July 2026
5:00 PM (IST)
Program Overview
The L2M initiative bridges the gap between academic innovation and commercialization by enabling healthcare technologies to progress from validated laboratory prototypes to market-ready products through funding, technical validation, IP support, and industry collaboration.
Supporting the Next Generation of Healthcare Innovation
The initiative is designed for researchers, faculty members, innovators, and institutions developing advanced medical technologies. Projects demonstrating strong technical feasibility, commercial potential, and societal impact will receive comprehensive support throughout their translation journey.
Technology readiness and performance evaluation.
Product enhancement for market deployment.
Mentorship and commercialization guidance.
End-to-end translational ecosystem.
Program Offers
- Financial support up to INR 150 Lakhs
- Technology enhancement & product validation
- Patent filing, licensing and commercialization assistance
- Entrepreneurship & startup support
- Field deployment and translational ecosystem
- Industry collaboration opportunities
Funding Highlights
Selected projects receive comprehensive financial, technical and commercialization support to accelerate market adoption.
Funding Support
Eligible projects may receive financial assistance of up to INR 150 Lakhs.
Intellectual Property
Patent filing, licensing strategy and commercialization assistance.
Technology Validation
Support for prototype validation, testing and deployment.
Startup Enablement
Entrepreneurship guidance, incubation and market acceleration.
Priority Areas
The program focuses on high-impact Digital Healthcare technologies capable of addressing real-world clinical and societal challenges.
Medical Devices & Smart Healthcare
- AI-enabled Medical Devices
- Embedded Healthcare Electronics
- Smart Healthcare Systems
Wearables & Continuous Monitoring
- Wearable Biosensors
- Smart Patches
- Portable Monitoring Devices
- Cardiac Monitoring
- Respiratory Monitoring
- Maternal & Neonatal Monitoring
- Elderly & Home-care Solutions
Sensors & Data Acquisition
- Physiological Signal Acquisition Systems
- Healthcare Sensors
- Patient Data Collection Technologies
Point-of-Care Diagnostics
- Portable Diagnostic Devices
- Biosensing Diagnostics
- Low-cost Diagnostics
- Non-invasive Diagnostic Tools
Who Can Apply?
The Lab-to-Market (L2M) Program welcomes researchers, faculty members, and institutions working on innovative healthcare technologies with strong commercialization potential.
Higher Education Institutions
Universities, IITs, NITs, IIITs, engineering colleges, medical colleges, and other recognized higher education institutions across India.
Research Institutes
Government and private research organizations working on Digital Healthcare, Medical Devices and Cyber Physical Systems.
Faculty & Researchers
Faculty members, scientists and researchers developing technologies with Technology Readiness Level (TRL) 6 or above.
Principal Investigators
Principal Investigators interested in translating laboratory prototypes into commercially viable healthcare products.
Applicants should demonstrate
- ✔ Technology Readiness Level (TRL) 6 or above
- ✔ Clear market understanding
- ✔ Competitor analysis
- ✔ Commercialization roadmap
- ✔ Societal impact of the proposed technology
- ✔ Strong innovation and technical feasibility
Application Process
Submit your proposal online by following these simple steps.
Prepare Your Proposal
Prepare the required project details and presentation in the prescribed format, highlighting innovation, market opportunity and commercialization potential.
Submit Online
Upload the proposal and presentation through the official online application portal before the submission deadline.
Technical Evaluation
Shortlisted applicants will be invited to present their technology before internal and external domain experts for technical assessment.
Investment Committee Review
Final evaluation by the External Investment Committee (EIC) consisting of experts from academia and industry.
Project Approval
Selected proposals receive funding support along with validation, commercialization and startup assistance.
Important Timeline
Mark these important dates to ensure your proposal is submitted on time.
Applications Open
Applications are now open for the Lab-to-Market (L2M) Program.
Submission Deadline
31 July 2026
5:00 PM (IST)
Technical Evaluation
Shortlisted proposals will be invited for presentation before the expert committee.
Project Announcement
Final selected projects will receive funding and commercialization support.
Need Assistance?
Our team is here to help you with any questions related to the program or application process.
Organized By
IITI DRISHTI CPS Foundation
IIT Indore
Ready to Transform Your Healthcare Innovation into a Market-Ready Product?
Join India's leading translational healthcare innovation program and accelerate your journey from laboratory research to real-world impact.
Everything You Need to Know
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