IIT Mandi Startup Challenge Applications Open, Winners to Get Rs 5 Lakh Cash, Funding Up to Rs 50 Lakh

The Indian Institute of Technology Mandi has invited applications for the fifth edition of its Annual Flagship Event, Himalayan Startup Trek. There are three thems including ‘The New Age Alliance – Human-Computer Interaction’ with prize money of Rs 2 lakh, ‘Foothill Innovators Challenge – Build for the Himalayas’ with prize money of R 1.25 lakh, and ‘Habitable World Challenge – Environment and Sustainability’ with prize money of Rs 2 lakhs. Read | IIT Bombay Team Gets $250,000 Grant from Elon Musk Foundation at COP26 Summit Startups, innovators and aspiring entrepreneurs can participate in this challenge and get an opportunity to win Rs 5 lakh cash prizes and Rs 50 lakhs funding opportunity during the event. Apart from this, top startups will also be provided with incubation support and funding access for prototyping as well product development through various funding schemes hosted by Catalyst and provide up to Rs 50 Lakh of funding. Through its support programs, IIT Mandi Catalyst guides early-stage entrepreneurial initiatives by providing support in infrastructure, finances, mentoring, and industry connections, thereby making itself an attractive destination for startups across the country.