1st

TBI in HP

Startups Supported

Lakhs Funding Given

Employment Created

WHAT CATALYST DOES

  • Idea
  • Refine
  • Define
  • Test
  • Validate
  • Commercialize

Catalyst was launched in 2016 by IIT Mandi as the first Technology Business Incubator (TBI) in the state of Himachal Pradesh. Strongly backed by Central Government and State Government, Catalyst aims to incubate technology-based start-ups focused on economic and/or social impacts. As the name implies, it will serve as a 'catalyst' to nurture and guide entrepreneurial initiatives with social and/or commercial objectives. 

FOCUS AREAS


Natural
Resource

Renewable Energy

Road Safety

Waste Management

Agriculture

Clean Energy

Disaster Management

Educational Growth

Healthcare

Inclusive Growth

SUPPORT


Catalyst, through its support programs, nurtures and guides early stage entrepreneurial initiatives by facilitating
wide range of support that includes infrastructure, finances, mentoring, and industry connections.

  • Mentoring and
    Networking

  • Financial
    Support

  • Conducive Cowork
    Space

  • Hostel
    Facility

  • Access to IIT Mandi
    Faculty

  • Access to IIT Mandi
    Labs

  • Access to Markets/
    Industry

PARTNERS


The catalyst was awarded INR 5 crores funding from DST for the period 2016-21. IIT Mandi has committed about INR 8 crores for the same duration. In addition, Vishal Bharat Comnet has donated INR 10 Lakhs toward incubation funds of IIT Mandi Catalyst. In 2017, the Government of Himachal Pradesh committed INR 30 Lakhs for Catalyst.