Pune: Science and technology startups incubator Venture Center was awarded the Gold Award in the Service Enterprise category at the inaugural CII-AMTZ MedTech Quality Champion Awards 2024.
The award ceremony was part of the 32nd CII Excellence Summit held in Bengaluru, where the accolade was received by Chetna Dharmavat Dabi, Associate Manager – Regulatory Services, on behalf of Venture Center. The award was presented by Dr. Jitendra Sharma, Managing Director and Founder CEO of Andhra Pradesh MedTech Zone (AMTZ).
The CII-AMTZ MedTech Quality Champion Awards recognize organizations that set exemplary standards in quality and innovation within the medtech sector.
Venture Center’s pioneering initiatives in regulatory support, advanced infrastructure, and startup mentoring underscore its commitment to empowering entrepreneurs in the competitive healthcare domain.
At the heart of Venture Center’s success is its ISO-certified MedTech Cleanroom Facility, recertified to ISO 13485:2016 standards. This facility enables startups to manufacture and package medical devices while meeting stringent regulatory requirements.
Complementing this is the Regulatory Information and Facilitation Center (RIFC), which offers startups critical guidance on navigating complex regulatory landscapes, including Indian, EU MDR, and US FDA regulations.
To date, the RIFC has supported over 30 startups, facilitated 10 regulatory approvals, and enabled 11 ventures to secure ISO certifications.
It provides services such as risk management, clinical trial advice, and one-on-one mentoring through its R-Clinic initiative, which tailors solutions to the unique challenges faced by medtech entrepreneurs.
Dr. Premnath Venugopalan, Director of Venture Center, expressed pride in receiving the award, stating: "We are honored to receive the Gold Award in the CII-AMTZ MedTech Quality Champion Awards 2024. This recognition underscores our efforts to promote medtech quality and support startups in meeting global standards.
It reflects our vision of fostering world-class industries for India and highlights the pivotal role of our Regulatory Information and Facilitation Center and Bioincubator in driving innovation."
This prestigious recognition reinforces Venture Center’s position as a key player in the medtech ecosystem, committed to empowering startups with tools, expertise, and infrastructure that align with international quality benchmarks.
