PIEMR-AIC-PIF Incubation (Category II)
A programme by Prestige Institute of Engineering Management and Research (Prestige Institute of Engineering Management and Research)
Incubation for registered technology startups, with office space, mentoring and shared facilities.
At a glance
| Best for | Registered technology startups with an S and T background |
|---|---|
| Stage | Prototype – MVP |
| Format | In person |
| Run with | PIEMR |
About PIEMR-AIC-PIF Incubation (Category II)
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.
Where to apply
Other PIEMR programmes
Everything about Prestige Institute of Engineering Management and Research