6th Akash Acceleration Program at AIC - IIIT Hyderabad
A six-month accelerator for early-stage tech social startups in India, offering up to ₹2L seed grant and deep tech ecosystem access.
A grant structure in which the startup pays for an approved expense first, then applies to the funding body for refund of all or part of that cost.
A reimbursement grant is a funding arrangement where the startup bears an eligible cost upfront from its own resources and subsequently claims back all or a specified proportion of that expenditure from the grantor. The claim is made by submitting verified proof of payment — invoices, bank statements, receipts — and the funding body, after verification, transfers the reimbursable amount to the startup.
This is a very common structure in Indian government schemes. Patent and IP reimbursement programs (which refund a portion of patent filing fees to DPIIT-recognised startups), quality certification subsidy schemes, and export market development assistance programs frequently use a reimbursement model. The approach ensures that public funds are spent on actual, documented expenditures rather than being advanced speculatively.
The core challenge of reimbursement grants is cash flow timing. The startup must have sufficient working capital to pay for the eligible expense before the reimbursement is approved and transferred. Depending on the verification and processing timeline of the administering body, the wait between payment and reimbursement can range from a few weeks to several months. For early-stage startups with limited cash reserves, this upfront outlay requirement can be a meaningful barrier.
Founders should document all eligible expenditures meticulously from day one, as claims are typically rejected if the required invoices or payment proof are incomplete, incorrectly dated, or made to vendors who do not meet scheme criteria. Understanding what counts as a reimbursable expense under the specific scheme is as important as knowing the maximum claimable amount.
A six-month accelerator for early-stage tech social startups in India, offering up to ₹2L seed grant and deep tech ecosystem access.
A 4-6 month acceleration program offering milestone-based grants of up to ₹5L for tech-based social enterprises in green sectors, with mentorship, workshops, and access to IIIT Hyderabad resources.
MeitY GENESIS EIR Program at IC IIT Patna offers up to ₹10L grant for early-stage tech founders from Tier II/III cities.
OCP 8.0 at STPI NEURON supports startups in Animation, Gaming, AI, DA, and IoT with access to advanced labs, mentoring, and incubation.
Grant for DPIIT-registered Tamil Nadu agritech startups: ₹10L early-stage or ₹25L for market expansion.
AIC GGSIPU's Spark Cohort 13 is a 12-week hybrid accelerator for early-stage startups in sustainability and climate tech, offering mentorship, prototyping, investor access, and potential funding of $50K–$500K.
Looking for capital you don't repay? Browse open startup grants in India — or see all funding terms.