By Devmalya Sarkar
Published on January 31, 2017
Do you have an original health tech solution for a pressing healthcare need? If so, you now have an amazing opportunity. Submit your novel idea to the 2017 HITLAB World Cup: India by February 3 rd for a chance to present at the influential 2017 HITLAB Innovators Summit: India and win up to USD 150,000 (INR 1 crore) in funding.
The HITLAB World Cup: India challenges entrepreneurs and innovators to submit breakthrough ideas for improving healthcare access, delivery, and outcomes through technology. The competition has been highly successful, enabling those with foresight and ability to effect real, empathetic change in healthcare—not only in India, but also in South Asia and throughout the world. Previous HITLAB World Cup competitions have launched outstanding innovations that went on to improve healthcare in numerous, diverse environments.
This year’s contest is sponsored by Healthquad, with mentorship support from Quadria Capital. HITLAB’s executive director Nishita Rai, PhD, explains, “HITLAB has had a presence in India since 2006. Over the years, we’ve witnessed a tremendous increase in healthcare innovations, driven by the desire to address challenges in the region.”
She continues, “The HITLAB World Cup exemplifies our commitment to advance this noble effort. We intend to increase digital health innovation as well as provide a world stage for inventions that emerge from the country. Our hope is that the many brilliant entrepreneurs in India will make use of this wonderful opportunity to present their ideas and obtain feedback that will help diffuse their products to benefit the community.”
Networking at the HITLAB Innovators Summit: India, where finalists will present their inventions, is an extraordinary chance to learn, share, connect, and partner. “The HITLAB Innovators Summit: India provides a great opportunity to access the local innovation ecosystem so that we can work together to solve the unmet needs of local and emerging markets,” says Biten Kathrani—director, R&D & NBD, Asia, Middle East, and Africa (AMEA) at Boston Scientific - Visionary Sponsor of the 2017 event.
As past events have shown, combining the HITLAB World Cup: India and HITLAB Innovators Summit: India produces powerful results. Healthquad’s director, Dr. Amit Varma, explains why his company is sponsoring the competition: “Our objective is to support transformative Indian healthcare companies across delivery services and products that, we think, will dramatically increase healthcare productivity, affordability, and accessibility while improving patient health and foster in innovation.”
HITLAB will accept entries through February 3, 2017. Experts will select the most promising submissions. The top five finalists will be announced at the Summit on February 16, then make their presentations the next day, February 17, after which the winner will be announced.
The Summit will take place at the Indian Institute of Technology, Delhi and will also feature talks, panels, and networking opportunities focussed on “EMPATHY DRIVEN DIGITAL HEALTH INNOVATION: Improving Health Outcomes by Understanding the Needs of the End-User.”Numerous healthcare luminaries will be in attendance.
To enter the competition or attend the Summit, visit http://www.hitlabsummit.com/newdelhi-2017/.
(Devmalya Sarkar is a health innovation strategist, bioengineer, and biodesigner and currently leads HITLAB’s impact and outreach efforts in India, the Middle East, and the Asia-Pacific region.)