Stanford-India Biodesign program is aimed at training, mentoring and funding innovators in medical technology. Fellowship is for one year and second year is for developing technology invested in first year. Application dead line is May 8 2008.
Indian innovators can avail TePP grants for prototype development in 2nd year.
For details of program see: http://biodesign.stanford.edu/bdn/india/aboutbiodesign.jsp
For details of TePP see: www.dsir.gov.in