IIT Mandi Catalyst
Academic

IIT Mandi Catalyst

Indian Institute of Technology Mandi

Mandi, Himachal Pradesh, IndiaEst. 2016Coworking

Himachal Pradesh's first technology business incubator at IIT Mandi, supporting 600+ startups with Rs 24.7 Cr in funding disbursed.

600Startups supported
7Programs

Programs by IIT Mandi Catalyst

7 past programs

Past programs
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Startup Exploration Program 2026 - IIT Mandi Catalyst

Up to ₹9 Cr

3-month exploration program for prototype-stage innovators

  • - Open to startups and innovators at prototyping or product development stage
  • - Suitable for founders looking to move from idea/prototype to market-ready solutions
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IFCI Scheme for Scheduled Tribe Innovators

Up to ₹30 Lakhs
  • - The startup should be at the ideation, prototype, or pre-revenue stage
  • - The startup must be a registered legal entity as a Private Limited company
  • - The lead founder must belong to the Scheduled Tribe category with a minimum of 51% shareholding
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ASIIM Program

Up to ₹30 Lakhs
  • - Applicants must belong to Scheduled Caste (SC) or Divyang category
  • - The startup or idea should be at ideation, prototyping, or pre-revenue stage
  • - Innovators aiming to solve societal problems through their ideas are eligible
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HIM Startup Yojana 2025 Seed Fund at IIT Mandi Catalyst

Up to ₹50 Lakhs
  • * 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
  • of Himachal
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MeitY TIDE 2.0 Grant Program at IIT Mandi Catalyst (Prototype Funding)

Up to ₹7 Lakhs
  • * The applicant must be a **citizen of India**
  • * The idea must fall within the listed focus areas (Electronics and Communication, ICT-enabled solutions)
  • * Educational requirement (General TIDE 2
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MeitY GENESIS EiR Program at IIT Mandi Catalyst

Up to ₹10 Lakhs
  • It must not have received significant external funding exceeding ₹10 lakhs (including government grants)
  • The selected applicant must commit to being physically incubated at IIT Mandi Catalyst
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Himalayan Startup Trek (HST) Grand Challenge 2025 at IIT Mandi Catalyst

Up to ₹11 Lakhs
  • * The competition is open to startups, innovators, and entrepreneurs from across the country
  • * Applicants must have cutting-edge ideas in one of the four thematic areas of the challenge

About IIT Mandi Catalyst

IIT Mandi Catalyst, launched in 2016, is Himachal Pradesh's first Technology Business Incubator (TBI), backed by both the central and state governments. Through its high-touch incubation programs, Catalyst has supported over 600 startups and disbursed Rs 24.7 crore in funding through various government schemes. The incubator caters to startups at all stages of their early life cycle, from ideation and prototyping through product development and market entry.

Catalyst focuses on domains including healthtech, edtech, fintech, agrotech, biotech, and renewable energy, leveraging technologies such as AI, machine learning, and IoT. The Startup Exploration Program offers a structured three-month incubation to help innovators transition from early-stage ideas to validated, market-ready ventures. Catalyst has gained national visibility through success stories like Dharaksha Ecosolutions, which appeared on Shark Tank India after incubation at the centre.

Who Benefits

Early-stage founders in Himachal Pradesh and across North India, particularly those working on healthtech, agritech, cleantech, and biotech solutions. Student entrepreneurs at IIT Mandi and founders seeking incubation in a Tier 2 location with access to central government funding schemes and structured mentorship programs.

Who they work with

Stage

IdeationValidationEarly Revenue

Sectors

HealthtechEdTechFintechAgriTechCleanTech

Technology

AI/MLIoTBiotech

Tags

Government BackedEquity-FreeTier 2-3 City

Notable alumni

Dharaksha Ecosolutions

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