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    Government Grants & Schemes

    Government grants and schemes are non-dilutive funding an Indian business qualifies for by sector, stage and location, and never has to pay back or give equity for.

    Capability

    In Growth Strategy: Fund the Plan

    How we help with Government Grants & Schemes

    Unlock non-dilutive capital to accelerate innovation and growth.

    1. Establish what you actually qualify for

      Sector, stage, entity type, turnover and state decide eligibility. We work through the register against your real position rather than against the version in the pitch deck.

    2. Sequence the applications

      Some schemes require a recognition you do not yet hold; some rule out others. The order matters and getting it wrong costs a funding cycle.

    3. Assemble the application

      The documentation, the projections and the narrative, prepared to the standard the issuing body actually applies rather than the one the guidelines describe.

    4. Stay compliant after the money arrives

      Utilisation certificates, reporting and milestones. A grant clawed back for non-compliance is worse than a grant never taken.

    Unlock non-dilutive capital to accelerate innovation and growth.

    What Government Grants & Schemes delivers

    • Scheme Identification

      Identify grants aligned with your business.

      • Startup grants
      • Innovation schemes
      • Manufacturing incentives
      • R&D support
      • Export incentives
      • Sector-specific programs
    • Eligibility Assessment

      Determine your readiness before applying.

      • Eligibility review
      • Documentation assessment
      • Financial evaluation
      • Compliance review
      • Project suitability
      • Risk assessment
    • Application Support

      Improve the quality and completeness of submissions.

      • Proposal preparation
      • Financial projections
      • Business case development
      • Documentation support
      • Budget preparation
      • Submission assistance
    • Post-Approval Support

      Help you remain compliant after receiving funding.

      • Utilisation tracking
      • Reporting support
      • Compliance management
      • Audit readiness
      • Milestone monitoring
      • Documentation management

    Our Approach

    1. 01

      Discover

      Identify grants and schemes aligned with your business.

    2. 02

      Assess

      Evaluate eligibility and application readiness.

    3. 03

      Prepare

      Build a strong proposal and financial documentation.

    4. 04

      Comply

      Support execution, reporting, and post-approval compliance.

    Why SRF for Government Grants & Schemes

    • Strategic approach to grant funding
    • Financial and documentation expertise
    • Compliance-focused execution
    • End-to-end advisory support
    • Integrated capital planning

    Where we have done this

    Manufacturing

    Operational Turnaround for a Manufacturing Scale-up

    Implemented financial controls, governance, and an FP&A function that restored margins and prepared the business for global expansion.

    240 bps margin expansion

    Climate Tech

    Capital Strategy for a Climate-Tech Founder

    Planned grants, a venture loan and equity, raised in stages, to give the company more months of cash without giving up more shares.

    24 months of runway secured

    FAQ

    Questions founders ask about Government Grants & Schemes

    Are government grants really non-dilutive?

    Yes. A grant is not repaid and takes no equity. Some schemes have conditions on how the money is used and what you must report, but none of them take ownership of the company.

    Does my company qualify for anything?

    Most Indian companies qualify for more than they claim. Eligibility turns on sector, stage, entity type, turnover and state, and the combination is specific enough that general advice is usually wrong. Our register is searchable by exactly those five facts.

    Is DPIIT recognition required?

    For several central schemes, yes. It is not money in itself; it is the gateway credential that makes a company eligible to apply. It is also one of the cheaper things to obtain, which is why it is usually the first step.

    How long does a grant application take?

    Weeks to assemble and months to decide, depending on the scheme. That timeline is the main reason grants should be planned alongside a raise rather than treated as a fallback when the raise stalls.

    What our research says about Government Grants & Schemes

    A government programme is worth your application time if it puts cash into the company, or takes a financing cost off you.

    CS Manavi Arora, in Ten government schemes, and how to tell which one is for you

    A signed term sheet does not qualify. A commitment does not qualify. A round that is closing next month does not qualify.

    CS Manavi Arora, in Seven ways a government funding application gets turned down

    The people in that room are closer to an investment committee than to a grants office, and they ask investment committee questions.

    CS Manavi Arora, in What a government grant application actually asks you for

    The three-year income tax holiday under section 80-IAC is real. It is not conferred by the certificate.

    CS Manavi Arora, in DPIIT recognition: what it gets you, and what it does not

    The people behind Government Grants & Schemes

    Government Grants & Schemes is run by the studio team: one multidisciplinary team whose pods work in tandem, matched to the sector and the stage the company is in.

    Sanskriti Jhaveri

    Impact, Growth & MSME pod

    Led by Sanskriti Jhaveri

    Lead - Growth & Partnerships, Impact Consulting. Growth and impact for India's MSME base.

    See the pod structure

    Where we apply Government Grants & Schemes: the industries this capability serves