HIM Startup Yojana 2025 Seed Fund at IIT Mandi Catalyst

IIT Mandi Catalyst

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Details

Amount

Upto: ₹50 lakh

Deadline

December 10, 2025

Provider

IIT Mandi Catalyst

Type

funding

Categories

About this Opportunity

The HIM Startup Yojana 2025 is a seed fund initiative by HPCED, implemented through IIT Mandi Catalyst. It is a state-backed program designed to help budding innovators and startups from Himachal Pradesh to develop their initial ideas into viable products or services and successfully launch them into the market. It aims to strengthen the innovation ecosystem by offering financial support to early-stage ventures.

The initiative focuses on supporting entrepreneurs to develop prototypes or scale their products and services for market launch.

Eligibility

  • The applicant must be an Incubatee/Startup working in various incubation centers approved under the Chief Minister’s startup/innovation projects/New Industries Scheme, or those registered with DPIIT and in production/operation in the state of Himachal Pradesh.
  • The startup must be an Indian company registered under the Companies Act, 2013, registered in Himachal Pradesh (HP).
  • Must have at least 51% shareholding by bonafide Himachali promoters.
  • Startups should be registered in Himachal Pradesh, have their head office in Himachal Pradesh, or have operations in Himachal Pradesh.
  • Incubatee/Startup should ideally be having three months of incubation in any Incubation Centre empanelled with the Govt. of Himachal. However, the seed support committee will decide on this issue whether incubation is required or not.

Application Process