IIT Mandi Catalyst
Catalyst has initial emphasis on ideas in domains such as HealthTech, EduTech, FinTech, AgroTech, BioTech, Renewable and Clean Energy that leverage technologies such as Artificial Intelligence, Machine Learning, Internet of Things, information technology, etc. However, Catalyst is not limited to these areas. By the very nature of innovation, we expect other interdisciplinary technology areas will spawn business ideas worthy of incubation at Catalyst.
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, Government of Himachal Pradesh committed INR 30 Lakhs for Catalyst.