About this programme
IIT Mandi Catalyst is the first Technology Business Incubator in Himachal Pradesh. It offers multi-stage seed funding to early-stage startups progressing from ideation to commercialization. The funding structure is tiered: up to Rs 4 lakh for idea-to-prototype stage, up to Rs 10 lakh for prototype development, and Rs 25-50 lakh for deployment and scaling. The incubator provides mentorship, infrastructure, and investor connections alongside capital support. It is run by IIT Mandi Catalyst (Technology Business Incubator, IIT Mandi).
The support is delivered through the programme’s own structure, and the form it takes is set by the issuing authority. The amount and form of support that actually apply to you depend on the programme’s rules and how your application is assessed — they are not fixed for every applicant.
It is aimed at businesses in consumer tech, enterprise tech, agritech, healthtech. Like most government programmes, it has its own eligibility conditions, documentation and application window, and these terms are revised from time to time. Because of that, it is worth confirming the current eligibility, amount and deadline on the official programme page before you invest time in applying.
How it works
Startups receive tiered funding based on development stage and milestones. Initial funding (Rs 4 lakh) supports idea-to-prototype conversion. Prototype development receives up to Rs 10 lakh. Deployment and scaling stage startups can access Rs 25-50 lakh. IIT Mandi Catalyst provides co-working space on campus, expert mentorship, and investor network access alongside capital deployment.
Who can apply
Founders of early-stage startups from ideation to commercialization stage, typically with science or engineering background (4-year degree or 3-year degree plus 2 years work experience). Applicants must be one of the startup founders. Focus on technology domains including consumer tech, enterprise tech, agritech, and healthtech.
How to apply
- Apply for IIT Mandi Catalyst incubation programme via online form
- Submit business plan, proof of concept, and team details
- Pitch to evaluation committee
- Selected startups receive tiered funding based on development stage
Documents you’ll typically need
- Business registration / incorporation certificate
- PAN (and GST registration, where applicable)
- Identity and address proof for the applicant / directors
- A short description of your business or project
The exact checklist depends on the programme and your specifics.
Frequently asked
What is the maximum funding I can receive?
Up to Rs 4 lakh for idea-to-prototype, Rs 10 lakh for prototype development, and Rs 25-50 lakh for deployment stage.
What background do I need?
Founders typically have science or engineering background (4-year degree or 3-year degree plus 2 years work experience).
What sectors does IIT Mandi Catalyst focus on?
Consumer tech, Enterprise tech, AgriTech, and HealthTech are the primary focus areas.
Reviewed July 2026. Government programmes change — confirm current eligibility, amounts and deadlines on the official programme page before you apply. CapEasy is a private consultancy and is not affiliated with any government authority.