Exploration Program:



Idea Exploration program is a pre-incubation program for ideas that may be admitted to incubation process at IIT Mandi Catalyst. The objective of exploration program is to help the participants refine their business idea, create a prototype, and test for market potential. The duration of program may be 3-5 months where in participants work with mentors and utilize physical/financial support with the aim of making it to the incubation process at IIT Mandi Catalyst.

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Procedure



Incubation Process



IDEA EXPLORATION

    • Feasibility Analysis
    • Prototype building
    • Market testing and validation

INCUBATION

    • Improve the prototype
    • Find Paying customers/users
    • Market outreach

GRADUATION

    • Seed Funding
    • Successful exit from Catlayst