Pfizer, FITT announce Call for proposals under PIDIIP

The Pfizer IIT Delhi Innovation and IP Program (PIDIIP) envisages a unique partnership model is designed to provide funding, resources, expertise and infrastructure to propel India's healthcare innovations from idea to intellectual property (IP).

The program envisages active support for incubation and intellectual property creation.

There are two components of the Pfizer IIT Delhi Innovation & IP Program (PIDIIP):

For innovators seeking comprehensive support to translate their healthcare ideas into new business opportunities, the Program provides:

-Incubation at IIT Delhi's incubators for a period of up to two years.

-Funding of up to Rs 50 lakhs for each innovator/start-up to take ideas through proof of concept to IP

-Mentoring support from IIT Delhi's faculty and FITT nominated experts.

-IP search and filing services.

-Guidance from Pfizer's experts.

For innovators who already have a proof of principle/concept and are only looking for IP related support, the program provides:

-Access to IP counseling services at FITT.

-Funding support of up to Rs. 3 lakh to cover patenting expenses.

The call for proposals is currently open till May 30.

Visit www.pidiip-fitt-iitd.in for further details.

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