Reimbursement Procedure Policy
The rules governing funding, billing, and reimbursement for every I2I project team.
- 1
Ignited Innovators of India is a techno-social initiative under COEP Technological University and, with the help of Eaton India Foundation, has extended funding support to shortlisted participants.
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Ignited Innovators of India assumes no responsibility for claims related to funding and support in instances where oral agreements or improperly documented records are involved.
- 3
Ignited Innovators of India would only reimburse amounts that are billed on GST or have a tax invoice dated in the financial year 2025–2026.
- 4
In case of non-GST bills, only up to ₹1,000 is permitted by the government, and such bills would be sent to a higher authority whose decision would be final.
- 5
If a project misuses the amount reimbursed, the team would be solely responsible, and that team would be debarred from any further opportunities.
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The project team leader and members should be residents of India and strictly a student at a registered institution in India.
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A minimum of 2 members and a maximum of 3 members can register as a project team; failure to comply may result in project disqualification.
- 8
Teams must submit three quotations for each required item/service before making any purchase.
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All bills or quotations must be submitted before the official deadline. Late submissions will not be accepted.