IIT Mandi Launches 'Startup Exploration Program 2019'
IIT Mandi Catalyst, the first technology business incubator of Himachal Pradesh, at Indian Institute of Technology (IIT) Mandi has started the 'Startup Exploration Program 2019'.
Timothy A Gonsalves, Director of IIT Mandi, said, "IIT Mandi Catalyst is essentially a win-win proposition for IIT Mandi and for entrepreneurs. Entrepreneurs get 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."
Rugved Thakur, Deputy Commissioner of Mandi, stated, "It is a great initiative by IIT Mandi Catalyst that the young entrepreneurs are coming to Himachal with various business ideas and finding practical solutions for the community, state and other parts of the country."
IIT Mandi Catalyst will offer training, mentoring and financial support to the startup teams over the next three months. During this tenure, these teams will convert their ideas into prototypes/products.