Akash Coherent ImpactTech Program by AIC-IIITH Foundation — Frequently Asked Questions
Answers to the questions founders most often ask about Akash Coherent ImpactTech Program by AIC-IIITH Foundation — who qualifies, the funding amount, required documents and how the application works.
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.
← Back to Akash Coherent ImpactTech Program by AIC-IIITH Foundation overview