IIT Mandi Catalyst HCI Incubation Programs
Powered by IIT Mandi iHub and HCI Foundation.
IIT Mandi Catalyst has launched incubation programs to develop startups working in Human Computer Interaction (HCI). The program is supported by IIT Mandi iHub and HCI Foundation. The program is aimed to develop and support startups at different stages of product development. The incubation program will be conducted in two phases; startups interested in HCI incubation programs need to enroll for incubation phase 1 (Exploration Batch). After completing incubation phase 1, selected startups will get the opportunity to move to incubation phase 2, where startups can avail financial support in form of prototyping grant (CPS-PRAYAS) and seed fund support (CPS-Seed support scheme(SSS)). Apart from these incubation phases, IIT Mandi Catalyst will also provide the opportunity to individual innovators to validate their startup ideas as Entrepreneurs-in-Residence under the CPS-EIR scheme.
What is HCI?
Human-computer interaction (HCI) is a multidisciplinary field of study focusing on the design of computer technology and, in particular, the interaction between humans (the users) and computers. While initially concerned with computers, HCI has since expanded to cover almost all forms of information technology design. The focus of HCI is to use computer’s intelligence and computation capabilities in the following process:
- Decision making
- Prediction and estimation
The critical element of HCI is the interaction and feedback loop between the machine and humans. This loop results in enhancing the cognitive abilities of the human. One may note that computer systems are primary used as a communication medium. However, for innovation to qualify as HCI, it has to have interaction and feedback with the human. While most mobile applications are for mere communication between buyers and sellers, integration of recommendation systems, predictive analytics, decision automation qualify an application as the HCI relevant solution.
Application of HCI
As the applicability of HCI is very wide, it is difficult to give a single example that can represent the HCI area or its meaning. However, HCI has use cases in agriculture, landslide monitoring, farming applications, air pollution monitoring, digital pathology, neuroradiology, and body area networks.
Some of the popular examples of HCI are:
- MRI or ECG system: A machine estimates the body’s vital signs and presents it in an understandable form.
- Self-driving cars: A vehicle that is capable of sensing its environment and moving safely with little or no human input.
- Autopilot systems: A system used to control the path of an aircraft, marine craft, or spacecraft without requiring constant manual control by a human operator.
- Assistive technology like smart cane.
1. Incubation Phase 1 (Exploration Batch)
The Exploration Program is phase I of the incubation program at Catalyst. The program aims to enable the start-up to achieve Concept validation and to prove market potential. In this 3-month paid program, Catalyst supports the startup for testing and validating the business concept for market potential and helps teams get into the second phase of the incubation program and raise seed funds/grants. Under this program, startups will get the opportunity to interact with mentors on varied topics of relevance. Catalyst will enable technical mentorship from IIT Mandi faculty based on the availability and interest of faculty. The startup will access special talks, sessions, visiting experts, and a vast network to connect with relevant stakeholders.
Last Date for submission of application: Application Closed
2. Incubation Phase 2 (CPS-PRAYAS and CPS-SSS)
The incubation phase 2 program aims to enable the startups to achieve prototyping, product development, and commercialization. In this 12 months program, Catalyst will support startups from developing prototypes to the successful launch of the product in the market. In this stage, startups are provided with dedicated mentors in technology, business, and network. In this phase, startups in the prototype development stage can be provided with a prototype development grant under CPS-PRAYAS. However, startups who have completed prototypes can be provided seed support under CPS-SSS for final product development and commercialization. The details of these schemes are as follows:
The CPS-PRAYAS scheme is focused on the Idea-to-prototyping journey of young startups/innovators. The individuals’ innovators or startups in the idea-prototype stage and have completed a minimum of three months incubation period with catalyst can benefit from this scheme with a maximum grant up to INR 6 Lakhs and access to the IIT Mandi campus.
For more details
- CPS-Seed Support Scheme (SSS)
The CPS-SSS scheme is focused on the commercialization of products developed by startups under the incubation program. Startup registered as a private company and have completed a minimum of three months incubation period with catalyst can get support up to 50 Lakh as a soft loan or against equity or a combination of both.
For more details
3. Entrepreneur in Residence program (CPS-EIR)
CPS-EIR scheme aims to inspire the best talents to be entrepreneurs, minimize the risk involved in pursuing start-ups, and partially set off the opportunity costs of high-paying jobs. EIR support recipients are expected to pursue their entrepreneurial aspirations full-time. The maximum duration of the program is one year, during which monthly financial support is up to Rs. 30,000 for a period of 12 months will be provided to the recipient, along with access to IIT Mandi’s innovation and entrepreneurship ecosystem.
For more details