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MEDTECH INNOVATIONS

Grant Scheme

Government Authorized Incubator Scheme run by MEDIVALLEY INCUBATION COUNCIL Visakhapatnam. Open pan-India.

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Eligibility Assessment

Who Can Apply?

Verified criteria and borrower eligibility guidelines set by the Government of India.

Eligible Entities

Government Authorized Incubator Scheme run by MEDIVALLEY INCUBATION COUNCIL Visakhapatnam. Open pan-India.

Program Highlights

Key Features

Core benefits, guarantees, and subsidy structures under this flagship program.

Eligibility Criterion 1

Registered entities incorporated in India.

Eligibility Criterion 2

Pvt Ltd, LLP, Reg Partnership, Sole Proprietorship

Eligibility Criterion 3

Physical incubation is compulsory at Visakhapatnam.

Advantages & Subsidies

Scheme Benefits

For less than ₹ 10 Lakhs of support, (as a grant)
For greater than ₹ 10 Lakhs of support, 5% revenue share OR 3% equity share is applicable
Step-by-Step Guide

Application Process

Step 01

Eligibility Assessment

Verify criteria and documentation requirements.

Step 02

Documentation & DPR

Prepare DPR, project reports and certifications.

Step 03

Portal Submission

File application through designated government portal.

Step 04

Sanction & Benefit

Track scrutiny, nodal verification, and fund disbursement.

Checklist

Documents Required

Keep the following paperwork ready for instant verification and fast processing.

Udyam Registration Certificate
PAN Card & Aadhaar of Promoters
Bank Statements & Financial Statements
Project Report / DPR (if applicable)
Got Questions?

Frequently Asked Questions

You can apply through the official government portal with the required documentation, or consult Growthora advisory for end-to-end guidance.
Fast-Track Processing

Get Started with MEDTECH INNOVATIONS

Our scheme experts will help verify your eligibility and prepare complete documentation.

MEDTECH INNOVATIONS - Government Scheme | Growthora