India AI in collaboration with Central Drugs Standard Control Organisation (CDSCO) has launched CDSCO-India AI Health Innovation Acceleration Hackathon. India AI is the independent business division (IBD) of Digital India Corporation (DIC) under the Ministry of Electronics and Information Technology (MeitY).
This initiative comes under the India AI Application Development Initiative (IADI). It aims to promote the development and adoption of AI applications in critical sectors.
This hackathon invites participants to create comprehensive, end-to-end AI solutions in two phases, so that the regulator workflows can be streamlined.
In the first phase, applicants will be expected to develop robust data anonymisation tools. Additionally, the solution should feature intelligent document summarisation.
Under the second phase, the selected teams will have to further fine-tune their models using CDSCO's specialised datasets, and SUGAM and MD Online Integration with portals has to be enabled.
It aims to speed up the process of regulatory approvals and improve access to healthcare innovations. This phase will conclude with the Detailed Project Report based on the outcomes .
The hackathon involves a multi-stage evaluation process. Top 10 teams from the first phase to be held at CDSCO office, New Delhi for a special 5-day on-premises (at office premises) Development will move forward in the phase.
The winning team will receive an amount of up to Rs 10 lakh, plus one of up to Rs 50 lakh for developing, integrating, and implementing the solution. There will also be an opportunity to get the work contract of the year.
Other prizes include up to Rs 7 lakh for the second prize and up to Rs 3 lakh for the third prize. In addition, a special award of up to Rs 5 lakh will be given to the all-women team.
