Prestige Institute of Engineering Management and Research
Prestige Institute of Engineering Management and Research
Prestige Education Foundation
Engineering institute in Indore whose innovation and startup policy offers pre-incubation and incubation to student and faculty founders, with a stake taken in some cases.
PIEMR at a glance
| Full name | Prestige Institute of Engineering Management and Research |
|---|---|
| Part of | Prestige Education Foundation |
| Established | 2008 |
| Address | PIEMR, Prestige Vihar, Vijay Nagar, Scheme No 74C, Indore, Madhya Pradesh 452010 |
| Programmes | 2 standing programmes |
| Stages supported | Idea, Prototype, MVP |
| Official website | piemr.edu.in |
| info@piemr.edu.in |
Programs by Prestige Institute of Engineering Management and Research
2 past programs · Filter all programs
What's next?
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What's next?
This closed a while ago and we don't know if it will run again. Tap Notify me and we'll email you if it does.
Programmes they run
Standing programmes at Prestige Institute of Engineering Management and Research, separate from the funding calls above.
The institute's startup policy describes both stages. Admission details are published on the institute's website, and the policy document is linked from its Institute Policies page.
Pre-incubation for PIEMR faculty, staff and students who have a technology idea.
Best for: PIEMR students, faculty and staff with a technology idea
- Idea – Prototype
- In person
What you get, who can apply and how to applyHide details
Pre-incubation is for PIEMR faculty, academic staff and students who want to test a technology idea and turn it into a business.
What you get
- Idea screening and presentation to an evaluation committee
- A mentor from PIEMR, and workshops on business plans and startup topics
- Support to build a prototype under a mentor's supervision
Who can apply
Faculty, academic staff and students of PIEMR with a technology idea.
How selection works: shortlisted ideas are selected on their potential after a presentation to an evaluation committee.
How to apply: register through www.piemr.edu.in and give details of your idea. Students should first contact the faculty nominated for their branch.
PIEMR-AIC-PIF Incubation (Category II)
IncubationIncubation for registered technology startups, with office space, mentoring and shared facilities.
Best for: Registered technology startups with an S and T background
- Prototype – MVP
- In person
With PIEMR
What you get, who can apply and how to applyHide details
Incubation is for technology companies registered with the Registrar of Companies. The policy welcomes outside promoters as well as PIEMR's own alumni, faculty, staff and students.
What you get
- Company-specific office space, internet, printing and common lab services
- A mentor from industry, and a faculty advisor for technology questions
- Access to institute labs for product development, on a commercial basis
- Training in business management and communication, and networking events
- A seed loan on availability, and deferred dues under a declaration to repay later
Who can apply
Faculty, staff, researchers, alumni and students with a science and technology background, and outside promoters. The majority of founders should be Indian citizens.
How selection works: the company must be a technology business in an engineering discipline, registered with the Registrar of Companies.
Equity: the institute may take 2% to 9.5% equity in return for its services. Alternatively, a startup can take the services on a rental basis.
How to apply: register through www.piemr.edu.in and submit your idea details and registration certificate.
Incubation tracks
The routes into Prestige Institute of Engineering Management and Research, and what each one includes.
| Track | Type | Space | Includes |
|---|---|---|---|
| Pre-incubationFor faculty, staff and students with a technology idea. Ideas are screened, mentored and built into a prototype. | Pre-incubation | — | — |
| IncubationFor registered technology companies, with company-specific office space and a mentor. | Resident incubation | — | — |
Labs & facilities
Equipment and space on campus.
Company-specific office space
Each incubated company gets its own office space, with shared printing, meeting rooms and a file server.
Institute laboratories
Access via PIEMR
Incubated companies can use the institute's labs for product development, on a commercial basis.
Support services
Help offered alongside funding and space.
IP & patents
Intellectual property is handled under the institute's IPR policy, and the institute can license its IP to a startup.
Business advisory
Mentors for each company, a monthly strategy check with the incubation head, and training in business management and communication.
Legal & finance
Tie-ups with chartered accountants and other professional bodies as needed.
Recognitions & empanelments
Official approvals this incubator holds.
Approved by DTE Govt. of M.P.
Host Institute, MSME Innovative Scheme (Ministry of Micro, Small & Medium Enterprises)
Listed at entry 228 of the Ministry's published List of Host Institutes for the incubation component of the MSME Innovative Scheme, as "Prestige Institute of Engineering Management and Research" (INDORE, MADHYA PRADESH), checked 24 September 2026. This is the status that lets an innovator name the institute as their Host Institute when applying on the ministry's own portal. The list gives no approval date, no period and no status column, so whether the recognition is current cannot be told from it; and being listed is a capacity registration, not evidence that the institute has ever hosted an approved idea.
How to apply to Prestige Institute of Engineering Management and Research
Start with your branch's faculty contact
The policy asks students with an idea to contact the faculty nominated for their branch. Do not approach the incubation unit directly.
Know which stage you are at
- Idea stage: pre-incubation is for a technology idea you want to test, and expects you to prototype it under a mentor.
- Registered company: incubation requires a company registered with the Registrar of Companies, unless you are still in pre-incubation.
- Outside founders: the policy welcomes them, but the company must be a technology business and most of the core team should be Indian citizens.
How applications work
Register through the institute's website, www.piemr.edu.in. Pre-incubation applicants give details of their idea. Incubation applicants also submit their idea details and registration certificate. Admission is confirmed on the website.
What reviewers look for
The policy says a prototype is evaluated by experts on its potential and market value before a team is allowed to register as a startup.
Equity
Before you apply, ask how the equity term applies to your case. The policy allows a range of 2% to 9.5%, and says the institute should normally take a much lower share.
About Prestige Institute of Engineering Management and Research
Prestige Institute of Engineering Management and Research (PIEMR) is an autonomous engineering institute in Vijay Nagar, Indore, Madhya Pradesh. It was established in 2008 under the Prestige Education Foundation. Its incubation work runs under a written Innovation and Startup Policy, with an incubation unit that the institute's documents call PIEMR-AIC-PIF.
How the programmes work
The route has two stages. Students and faculty with an idea first go through pre-incubation, where ideas are screened, mentored and turned into a prototype. Once a company is registered, it can move into incubation, where it gets company-specific office space, internet, shared printing and lab services, and a mentor.
Who can apply
Pre-incubation is open to faculty, academic staff and students of PIEMR. Incubation is open to faculty, staff, researchers, alumni and students of PIEMR with a science and technology background. The policy also welcomes outside promoters. The company must be a technology business in an engineering discipline and must be registered with the Registrar of Companies. The policy says most of the founders or core team should be Indian citizens.
Terms
The institute may take an equity stake of between 2% and 9.5% in return for its services, depending on the brand used, faculty contribution and use of institute IP. The policy also describes a rental-only route and a seed loan offered on generous terms, subject to availability. Startups may defer dues to the institute under a declaration to repay later.
Scale
The institute's pages do not publish a count of startups it has incubated, so no figure is given here.
Who runs it
The policy names a CEO for the incubation unit, and lists a faculty contact for each engineering branch, through whom students should start. Students are asked not to approach the incubation unit directly.
Locations
The institute is at Prestige Vihar, Vijay Nagar, Scheme No 74C, Indore, Madhya Pradesh 452010.
Get in touch
Send a message to Prestige Institute of Engineering Management and Research — we'll forward it on your behalf.
Who they work with
Stage
Sectors
Frequently asked questions about Prestige Institute of Engineering Management and Research
What is the full form of PIEMR?
PIEMR stands for Prestige Institute of Engineering Management and Research.
What is Prestige Institute of Engineering Management and Research?
Prestige Institute of Engineering Management and Research is an academic institution based in Indore, Madhya Pradesh.
What does Prestige Institute of Engineering Management and Research do?
Prestige Institute of Engineering Management and Research (PIEMR) is an autonomous engineering institute in Vijay Nagar, Indore, Madhya Pradesh. It was established in 2008 under the Prestige Education Foundation.
Where is Prestige Institute of Engineering Management and Research located?
Prestige Institute of Engineering Management and Research is located at PIEMR, Prestige Vihar, Vijay Nagar, Scheme No 74C, Indore, Madhya Pradesh 452010.
What programs does Prestige Institute of Engineering Management and Research run?
Prestige Institute of Engineering Management and Research runs PIEMR Innovation and Startup Scheme: Pre-incubation (Category I) and PIEMR-AIC-PIF Incubation (Category II).
Which PIEMR programme should I apply to?
It depends on how far along your startup is. Idea stage: PIEMR Innovation and Startup Scheme: Pre-incubation (Category I). Prototype stage: PIEMR Innovation and Startup Scheme: Pre-incubation (Category I) and PIEMR-AIC-PIF Incubation (Category II). MVP stage: PIEMR-AIC-PIF Incubation (Category II). Check the programme's own eligibility before applying — several programmes are sector-specific.
What sectors does Prestige Institute of Engineering Management and Research support?
Prestige Institute of Engineering Management and Research works with startups in Others.
What stage of startup does Prestige Institute of Engineering Management and Research support?
Prestige Institute of Engineering Management and Research supports startups at the Idea and Prototype stages.
What facilities does Prestige Institute of Engineering Management and Research offer?
Prestige Institute of Engineering Management and Research offers Company-specific office space. Incubatees also get access to Institute laboratories through its host institution.
Is Prestige Institute of Engineering Management and Research government recognised?
Prestige Institute of Engineering Management and Research holds the following recognitions and affiliations: Approved by DTE Govt. of M.P. and Host Institute, MSME Innovative Scheme (Ministry of Micro, Small & Medium Enterprises).
How do I apply to Prestige Institute of Engineering Management and Research?
The policy asks students with an idea to contact the faculty nominated for their branch. Do not approach the incubation unit directly. - Idea stage: pre-incubation is for a technology idea you want to test, and expects you to prototype it under a mentor. - Registered company: incubation requires a company registered with the Registrar of Companies, unless you are still in pre-incubation.
When was Prestige Institute of Engineering Management and Research founded?
Prestige Institute of Engineering Management and Research was founded in 2008. It is an academic institution.
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