IIT Mandi begins 2nd startup exploration programme

The Indian Institute of Technology (IIT) Mandi Catalyst started its second startup exploration programme of 2021 with Rajesh Kumar Prajapati, Director, Department of Industries, Himachal Pradesh, virtually flagging off the programme.  

23 startups to undergo rigorous training 

As many as 23 startup teams, including 11 from Himachal Pradesh working in waste management, agrotech, healthtech, enterprise management, and cleantech sectors, participated in the inaugural session. The 23 startups selected by IIT Mandi Catalyst will go through a rigorous training and mentoring process over the next three months after which they will present their refined ideas on a demo-day. Most suitable ideas will be further supported by IIT Mandi Catalyst through a one-year program under various funding schemes. 

He ensured continued support from Himachal Pradesh Centre for Entrepreneurship Development. Along with this, the chief guest lauded the initiatives taken by IIT Mandi Catalyst to support budding entrepreneurs who are coming to Himachal with various business ideas and finding practical solutions for the community, state, and other parts of the country.  

IIT Mandi Catalyst has supported about 140 startups in eight startup batches till now and this will be the ninth batch of startups in the past five years. Earlier this year, IIT Mandi Catalyst was given the responsibility by the state government to distribute Rs 10 crore under the Him Startup Yojana that provides up to Rs 50 lakh to the startups for commercialisation. 

Read more:

• IIT Mandi Courses & Fees 2021

• IIT Mandi Admission 2021 for BTech, MTech and PhD