Mandi, Aug 11 (KNN) The Indian Institute of Technology, Mandi is inviting applications for its Annual Flagship Event, Himalayan Startup Trek (HST) to be held from September 29 to October 1, 2023.

The event features a Grand Challenge for startups, innovators and aspiring entrepreneurs that has Rs 6 lakh cash prizes. Top startups will also have the opportunity to raise up to Rs 50 lakhs. The last date to apply is August 20, 2023.

The seventh edition of the HST will focus on three thematic areas including New Age Alliance - Human-Computer Interaction (HCI), Foothill Innovators Challenge - Build for the Himalayas, Habitable World Challenge - Environment and Sustainability.

Each thematic area has prize money of up to Rs 2 lakhs to be distributed between the top 3 start-ups in the given theme. Top start-ups will be provided incubation support and access to funding schemes for prototyping as well product development up to Rs 50 lakhs. 

These startups will also get piloting opportunities in the state.

Laxmidhar Behera, Director of IIT Mandi, urged entrepreneurs and innovators from the Himachal region to participate in this edition of the HST Startup Grand Challenge 2023 and showcase their innovations and ideas.

Puran Singh, Faculty Incharge and Director of Incubation, at IIT Mandi Catalyst said, “ HST unites us as a community, offering unwavering support to startups tackling pressing challenges with ingenious tech-based solutions. The boundless enthusiasm and dedication of our stakeholders for this year's HST will solidify its position as one of the nation's most influential startup events. Let's unite and celebrate the spirit of innovation and entrepreneurship.”

This edition of the startup conclave is expected to witness a footfall of about 1000, including 800 startup founders and aspiring entrepreneurs from across the country, over 200 speakers, investors and senior government officials, including bureaucrats.

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.  (KNN Bureau)