Mr Ajay Dubey (BT/CHE/1980) esteemed alumnus of IIT Kanpur, has implemented Ajay and Rooma Dubey Health Tech Ideation and Innovation Grant (HII Program) with his generous contribution.
Health technology is defined as "application of organized knowledge and skills in the form of devices, medicines, vaccines, procedures, and systems developed to solve a health problem and improve quality of lives".
HII program is to support students of IITK in the field of Healthtech innovation to convert their ideas into reality. Young minds are a treasure of innovation and thriving ideas. Through this program, such talented students will get a chance to prove their talent and convert their project ideas to develop product design prototypes. The stalwarts and big businesses of today were at one time just mere ideas of innovation. These ideas were supported and encouraged to cause market disruption and they lead to the success that the world sees today.
Health tech is a delightful amalgamation of healthcare with modern technology to plain-sail the journey of saving millions of lives.
It's a rising sun setting new bars for the existing poor healthcare standards.
Poor care quality leads to more deaths than insufficient access to healthcare. 1.6 million Indians died due to poor quality of care in 2016, nearly twice as many as due to the non-utilization of healthcare services - (The Lancet).
Focusing primarily on this sector can bring young innovators on board, help them relinquish the emerging healthcare market, and cater to 1.5 billion Indians.
The poor healthcare sector is a misery with no end unless it's looked after.
A Substantial grant will be provided to develop the prototype
Mentorship from experienced industry experts
Engagement with medical institution
Support for the development of idea from early to commercial stage
Opportunity to Incubate in SIIC IIT Kanpur post-prototype development