The event aims to encourage entrepreneurs to develop technology solutions for problems unique to the Himalayan Region.
The Indian Institute of Technology Mandi (IIT Mandi)’s Technology Business Incubator ‘Catalyst’ is inviting applications from startups, innovators and aspiring entrepreneurs for Himalayan Innovation Challenge 2019.
IIT Mandi Catalyst will offer financial and active mentoring support to individuals/teams/startups that bring forth promising ideas and commit to implementing them on the ground.
The Himalayan innovation challenge (HIC) is an initiative of IIT Mandi Catalyst to actuate a series of innovative technology-based solutions designed specifically to solve social and economic problems in the Himalayan region.
IIT Mandi Catalyst will pick a handful of most feasible ideas and enable willing innovators/entrepreneurs in prototyping, testing and implementing to create an impact in the Himalayan region.
A total prize money of Rs. 1 lakh will be distributed to top ideas and incubation support will be offered that will include Rs. 16 lakh worth of grant along with investment from IIT Mandi Catalyst.
The event invites ideas for a range of thematic areas that are relevant to the Himalayan region.
There are three tracks in which ideas can be submitted:
- Track I: Resources and sustainability: Natural resource management, renewable and clean energy, climate change, waste management and other relevant themes.
- Track II: Disaster management and safety: Disaster prevention, mitigation and management, road safety and other relevant themes.
- Track III: Agriculture, healthcare and inclusive growth: Agriculture, biotechnology, inclusive healthcare, financial inclusion, or any other area with strong application in Himalayan region.
“IIT Mandi Catalyst is essentially a win-win propositions for IIT Mandi, and for entrepreneurs. Entrepreneurs get the access to our faculty, labs and sophisticated instruments. One of our commitments is to develop the technology that is useful for the society and one way of taking it to the society is through Startups,” said Prof. Timothy A. Gonsalves, Director, IIT Mandi.
The event will be held on 25th and 26th May 2019. Last date to apply is 10th May 2019.