BFI NAMAH - Frequently Asked Questions
What is BFI NAMAH?
BFI NAMAH (Nailwal MedTech Acceleration Hub) is a MedTech Product Realisation Accelerator supported by Blockchain For Impact (BFI) and implemented at Venture Center. The program helps innovators transform healthcare technologies from concept to market through engineering, prototyping, testing, regulatory support, clinical validation, and commercialization assistance.
Who can apply to BFI NAMAH?
The program is open to startups, researchers, faculty members, clinicians, hospitals, academic institutions, innovators, and technology development teams working on healthcare and MedTech innovations.
What kind of support does BFI NAMAH provide?
Participants may receive support in:
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Product Design & Engineering
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Prototyping & Product Development
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Testing & Validation
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Regulatory Strategy
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Quality Systems (ISO 13485)
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Clinical Validation
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Manufacturing Readiness
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Commercialization Planning
What stage of innovation is suitable for the program?
BFI NAMAH primarily supports innovations between TRL 2 and TRL 7, covering stages from proof-of-concept to validation and manufacturing readiness.
What makes BFI NAMAH different from other incubator programs?
BFI NAMAH is a Product Realisation Accelerator focused on helping innovators build, test, validate, and prepare products for regulatory approval and market entry. The program provides access to specialized infrastructure, technical expertise, and translational support across the product development lifecycle.
Will I get access to Venture Center's facilities?
Yes. Depending on project requirements and approved work plans, participants may gain access to Venture Center's prototyping, testing, engineering, regulatory, and trial manufacturing facilities.
Is there any application fee?
No. There is no fee to apply for the BFI NAMAH program
Who owns the intellectual property (IP)?
The intellectual property remains with the innovator, startup, institution, or organization that owns the technology. Participation in the program does not transfer ownership of IP.
Does the program support regulatory approvals and clinical validation?
Yes. BFI NAMAH provides guidance on regulatory pathways, quality systems, documentation, testing requirements, and clinical validation planning to help innovators progress toward commercialization.
How can I apply?
Applications can be submitted through the official BFI NAMAH application portal during the active call period. Interested applicants are encouraged to attend the roadshow to learn more about the program, eligibility criteria, and selection process.
end of BFI NAMAH FAQs