The MSMF ecosystem has been designed and thoroughly equipped through all our collective programs herein to address the above challenges and set the odds for winning for the startup at a par above the others.
•The Vision of BIRAC-Mazumdar Shaw Innovation Centre is to be a global ecosystem for innovations in Medical Sciences and novel technology development for making advanced healthcare accessible and affordable. Our Mission is to be a powerful interactive environment for sensitising entrepreneurs and scientists to the everyday challenges faced by highly accomplished clinicians and educate healthcare personnel to identify and leverage opportunities emerging in engineering sciences.
•Instil a culture of eclectic, broad bandwidth thinking and imaginative ideation within a busy, evidence-based hospital medical practice to accelerate start-ups to rapidly optimise Medical Technology solutions.
•Provide exposure to the latest advanced applied medical technology within a hospital and community environment.
Startup Description
The Mazumdar Shaw Medical Foundation was started in 2014, with the belief that only a will, highly motivated by compassion can direct science towards intelligent innovations that convert today’s expensive medical discoveries into affordable solutions. To make this possible, a strategy was developed to seamlessly incorporate a high-tech hospital with translational research facilities, medical outreach & compassionate care programs and technology development capabilities, into a highly interactive ecosystem. The idea is to create a new hospital culture where every health worker has ready access to resources for guided innovation at multiple levels. The Mazumdar Shaw Medical Center (MSMC), a unit of Narayana Health, with the Mazumdar Shaw Center for Translational Research (MSCTR), Mazumdar Shaw Cancer Outreach Program (MSCOP) and the Technology Business Incubator (TBI) are the current 4 pillars of the Mazumdar Shaw Medical Foundation. This ecosystem is providing a unique opportunity for bridging medical practice with research, science, sociology & economics, technology and medical design.
In June 2015, the Mazumdar Shaw Medical Foundation in lieu of the translation research facilities infrastructure being set up was conferred the TBI status by the Department of Science and Technology, Government of India. Following this in July 2019, we were conferred the BIONEST status by BIRAC, Department of Biotechnology, Government of India.
