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Akash Coherent ImpactTech Program by AIC-IIITH Foundation

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Equity-free grant up to ₹2.2L for TRL 3+ deeptech startups solving social or climate problems.

Funding amount
₹2.2L (grant)
Funding type
Grant
Provider
AIC-IIITH Foundation (Academic)
Application deadline
Rolling
Eligible stage
Idea · Product
Location
Open to startups registered in India

Overview

The Akash Coherent ImpactTech Program is a 4–6 month acceleration initiative run by AIC-IIITH Foundation, the Atal Incubation Centre at IIIT Hyderabad. It is powered by a partnership with Coherent Corp and supported by the Atal Innovation Mission, NITI Aayog. The program is designed to bridge the "transition gap" — the difficult phase where a lab prototype at Technology Readiness Level (TRL) 3 must evolve into a market-ready product. Its core mission is to back deep-tech solutions that address social or environmental challenges, directly contributing to India’s Sustainable Development Goals.

Startups chosen for the programme receive a milestone-based, equity-free grant of up to ₹2,20,000. The amount is released in tranches as pre-agreed milestones are completed, ensuring that funding follows proven progress toward a functional pilot. Beyond the grant, participants benefit from the full IIIT Hyderabad ecosystem: a dedicated Research Connect with the institute's research centres, access to the IIITH Smart City Lab test bed, CIE IIITH startup services, lab facilities and talent, plus bootcamps, masterclasses, and hands-on mentorship focused on business modelling and building for impact. High-performing teams also get to showcase at demo days and may be considered for follow-on seed funding.

The programme deliberately avoids taking equity at this fragile stage, allowing founders to de-risk their deep-tech research and move toward commercial viability without dilution. Technology pillars include IoT, AI/ML, computer vision, robotics, drones, and similar emerging fields, applied to sustainability, healthcare, and community resilience. Invited participants are expected to take at least one accelerator seat at AIC-IIITH for six months and pay a one-time incubation fee of ₹10,000. Applications are accepted on a rolling basis with no fixed deadline.

Highlights

  • Equity-free grant of up to ₹2,20,000 released against milestones.
  • Open to early-stage startups and pre-incorporation innovators with TRL 3+ prototypes.
  • Focus on deep-tech (IoT, AI/ML, computer vision, robotics, drones) for social or climate impact.
  • Access to IIIT Hyderabad’s research centres, Smart City Lab, and startup services.
  • Potential for follow-on seed funding for high performers.
  • One-time incubation fee of ₹10,000 and 6-month accelerator seat required.

Who can apply

The call is open to a broad range of applicants. Early-stage tech startups at the idea or MVP stage can apply, as can individual innovators or researchers who already hold a prototype at TRL 3 or above. Only for-profit entities are allowed; if you have not yet incorporated, you must declare your intent to create a for-profit venture. The startup must be India-based or an IT/emerging-tech entity with majority Indian shareholding, including OCI and PIO holders. All founders must be at least 18 years old. The core of the venture must be technology, particularly in areas like IoT, AI/ML, computer vision, robotics, or drones. Crucially, the solution must target social or environmental impact — benefiting communities, especially the bottom of the pyramid, or advancing one or more Sustainable Development Goals. Preference is given to startups that can establish a Research Connect with IIIT Hyderabad’s research centres. Finally, if selected, you must commit to taking an accelerator seat at AIC-IIITH for six months and pay a one-time incubation fee of ₹10,000.

Akash Coherent ImpactTech Program by AIC-IIITH Foundation is open to startups at the idea and product stage working in deeptech electronics robotics, climate energy ev and edtech social impact. It is open to startups registered anywhere in India. Applicants should be registered as private limited, llp and individual.

ideaproductdeeptech electronics roboticsclimate energy evedtech social impact
Eligible stage
Idea · Product
Location
Open to startups registered in India
Entity type
Private Limited, Llp, Individual

Deadline & timing

Akash Coherent ImpactTech Program by AIC-IIITH Foundation accepts applications on a rolling basis — there is no fixed cut-off date, so eligible startups can apply at any time. Because rolling programmes can pause without notice, confirm the window is still open on the official site before you start.

What the funding covers

The main benefit is a milestone-based, equity-free grant of up to ₹2,20,000. The funds are not handed over as a lump sum; instead, they are disbursed in tranches tied to pre-agreed milestones staggered across the 4–6 month programme. No equity is taken at any point. Apart from cash, selected startups get: an IIITH Research Connect connecting them with IIIT Hyderabad’s research groups; access to the IIITH Smart City Lab test bed for real-world testing; full CIE IIITH startup services; use of lab facilities and talent from the institute; participation in bootcamps and masterclasses; and one-on-one expert mentorship focused on business modelling and scaling for impact. Depending on their readiness, participants may be invited to demo days and could be considered for follow-on seed funding. On the obligations side, there is a refundable one-time incubation fee of ₹10,000 and a commitment to keep an accelerator seat at AIC-IIITH for six months.

About the provider

Akash Coherent ImpactTech Program by AIC-IIITH Foundation is offered by AIC-IIITH Foundation, an academic institution. It is delivered directly by AIC-IIITH Foundation as a grant. You can verify current details and timelines on the provider's official website before applying.

How to apply

Applications are submitted on the official portal. Confirm the current deadline and document checklist there before you start.

Selection process

Each application is first screened by AIC-IIITH for eligibility and fit with the programme’s objectives. Incomplete or irrelevant applications are rejected without individual notice. Applicants who are considered the best fit are then shortlisted and invited before a selection panel. During this panel round, they may be asked to provide additional information, clarify aspects of their proposal, or deliver a presentation. The panel’s decision is final. Once shortlisted, the startup proceeds to due diligence and document verification. Only after this stage is the startup formally accepted into the 4–6 month acceleration programme confirmation is followed. Signed acceptance then triggers the commitment to take an accelerator seat and pay the one-time incubation fee.

Documents you’ll need

Before you apply to Akash Coherent ImpactTech Program by AIC-IIITH Foundation, keep these documents ready — note the program-specific requirements at the top:

  • Certificate of incorporation showing your startup is registered as private limited and llp
  • A pitch deck or short business plan describing the problem, product and traction
  • Company registration documents and PAN
  • Founder identification (PAN / Aadhaar) and brief profiles
  • Recent financial statements or projections
  • Product details — a demo, prototype or working link if available

Exact requirements are confirmed on the official application portal — treat this as a preparation checklist.

Who this is best for

Akash Coherent ImpactTech Program by AIC-IIITH Foundation is best suited for idea and product-stage deeptech electronics robotics, climate energy ev and edtech social impact startups in India seeking non-dilutive funding of ₹2.2L. If that describes your startup, review the eligibility criteria above before applying.

Frequently asked questions

Who can apply to the Akash Coherent ImpactTech Program?

Early-stage Indian tech startups at idea or MVP stage with a solution at TRL 3 or above, as well as individual innovators or researchers holding an impact-focused prototype who intend to build a for-profit venture. Founders must be over 18, and the solution must target social or environmental impact. The entity should be for-profit, and if not yet incorporated, the applicant must commit to going for-profit. Technology areas include IoT, AI/ML, computer vision, robotics, or drones.

How much funding does the program provide, and is it equity-free?

The program provides a milestone-based, equity-free grant of up to ₹2,20,000. Funds are released in tranches tied to completed milestones over the 4–6 month duration. No equity is taken.

Is there a cost to participate?

Yes. Selected startups must take at least one accelerator seat at AIC-IIITH for six months and pay a mandatory one-time incubation fee of ₹10,000.

Which technology areas does the program focus on?

The program focuses on deep-tech and emerging tech such as IoT, AI/ML, computer vision, robotics, and drones. Solutions must address social or climate impact areas like sustainability, healthcare, and community resilience.

How long is the program and who runs it?

The program runs for 4–6 months. It is executed by AIC-IIITH Foundation, the Atal Incubation Centre at IIIT Hyderabad, in partnership with Coherent Corp and supported by Atal Innovation Mission, NITI Aayog.

How are applications evaluated?

Applications are screened by AIC-IIITH for eligibility and fit. The best candidates are invited to present to a selection panel, which makes the final decision. Selected startups then undergo due diligence before joining.

Do I need DPIIT or MSME registration?

The program does not explicitly require DPIIT or MSME registration. However, companies must be for-profit and have majority Indian shareholding (including OCI/PIO holdings).

Where and how do I apply?

Applications are submitted through the official Google Form: https://docs.google.com/forms/d/e/1FAIpQLSccoqXTvbzp7AyLuX0FXyCLP1oKqBdkqrG98OFY3u6c-7yF6g/viewform. The program accepts applications on a rolling basis (no fixed deadline).

What documents are typically required?

During the application stage, you need to provide details about the startup or prototype, team, and impact focus. After selection, you must submit documents for due diligence. The exact list is not specified but likely includes incorporation documents, proof of prototype, and founder ID proof.

Can foreign-owned Indian entities apply?

Yes, as long as majority shareholding is held by Indian nationals, OCIs, or PIOs. The startup must be based in India.

What is the application deadline for Akash Coherent ImpactTech Program by AIC-IIITH Foundation?

Akash Coherent ImpactTech Program by AIC-IIITH Foundation runs on a rolling basis with no fixed deadline — applications are accepted on an ongoing basis. Check the official site to confirm the window is currently open.

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