How to apply Incubation at for PIEDS

Introduction

In the dynamic world of startups and innovation, having the right ecosystem can make all the difference between an idea that fades and one that transforms industries. For decades, BITS Pilani has stood as one of India’s most prestigious institutions for technological and entrepreneurial excellence. Carrying forward that legacy, the Pilani Innovation and Entrepreneurship Development Society (PIEDS) serves as a catalyst for innovation, research, and startup incubation.

Whether you’re a student entrepreneur, researcher, or early-stage founder, PIEDS offers everything you need to bring your ideas to life — from mentorship and infrastructure to funding and investor access.

If you’re wondering how to apply for incubation at PIEDS, this guide covers everything — from eligibility and benefits to the step-by-step application process.

About PIEDS (Pilani Innovation and Entrepreneurship Development Society)

The Pilani Innovation and Entrepreneurship Development Society (PIEDS) is the official technology business incubator of Birla Institute of Technology and Science (BITS) Pilani.

Supported by the Department of Science and Technology (DST), Startup India, and Atal Innovation Mission (AIM), PIEDS provides incubation, mentoring, and seed funding to early-stage startups across multiple domains.

Vision

To create a robust and sustainable entrepreneurial ecosystem that nurtures innovation, promotes technology-driven ventures, and empowers next-generation founders.

Mission

To enable aspiring entrepreneurs to translate innovative ideas into scalable businesses through access to mentorship, R&D support, and funding opportunities.

Why PIEDS Is a Leading Incubation Hub

PIEDS has earned its reputation as one of India’s top university-based incubators because of its holistic approach. It combines the academic brilliance of BITS Pilani with a vibrant network of mentors, investors, and industry partners.

Here’s why startups choose PIEDS for incubation:

1. Access to a Powerful Innovation Ecosystem

PIEDS is backed by BITS Pilani’s vast alumni network, spread across leading global organizations, startups, and investment firms. Startups gain access to this network for collaborations, funding, and mentorship.

2. State-of-the-Art Infrastructure

Incubatees have access to:

Co-working spaces and private cabins
Laboratories, prototyping workshops, and 3D printing facilities
High-speed internet and meeting zones
Conference rooms for investor and client interactions

3. Domain Diversity

PIEDS supports startups across multiple domains including:

Artificial Intelligence & Machine Learning
DeepTech & IoT
Healthcare & MedTech
FinTech & EdTech
Sustainable Energy & Environment
Agritech & Social Innovation

4. Expert Mentorship

Each startup is paired with domain-specific mentors from academia, industry, and successful startups. This ensures guidance in both technical development and business growth.

5. Funding Support

PIEDS facilitates access to:

Seed funding and grants through government schemes like the Startup India Seed Fund Scheme (SISFS).
Angel investor and VC networks for follow-on funding.
Pitch sessions and demo days to attract investors and partners.

6. Collaboration and Partnerships

Through its partnerships with organizations like NITI Aayog, DST, MSME, and various corporate partners, PIEDS connects startups with real-world opportunities and resources.

Who Can Apply for Incubation at PIEDS

The PIEDS incubation program is open to:

Students, researchers, and alumni of BITS Pilani interested in building startups.
External startups (non-BITS founders) with innovative technology-driven ideas.
Individuals or teams working on early-stage prototypes or MVPs (Minimum Viable Products).
Registered startups looking to scale through mentorship and funding access.

Eligibility Criteria

The applicant must be an Indian citizen or Indian-registered company.
The idea must demonstrate innovation and commercial potential.
Preference is given to technology-based and impact-driven ventures.
The startup should be in early or growth stage, with clear milestones for development.

Programs and Support Offered by PIEDS

PIEDS offers multiple incubation programs tailored to suit startups at different growth stages.

1. Pre-Incubation Program

Designed for ideation-stage entrepreneurs:

Ideation and business model workshops
Prototype development support
Mentoring sessions with domain experts
Networking with early-stage investors

2. Incubation Program

For startups that have a prototype or MVP:

Access to PIEDS infrastructure and labs
Business and technical mentoring
IP filing and legal support
Go-to-market strategy planning
Investor connects and seed funding opportunities

3. Virtual Incubation

For startups located outside Pilani:

Remote mentorship and business advisory
Virtual networking events
Access to funding and online workshops

4. Seed Fund Support

PIEDS also implements the Startup India Seed Fund Scheme (SISFS), enabling eligible startups to receive financial support up to ₹50 lakh for product development, trials, or scaling.

Step-by-Step Guide: How to Apply for Incubation at PIEDS

Applying to PIEDS is a simple, structured process. Here’s how to get started:

Step 1: Prepare Your Proposal

Create a clear and concise proposal outlining:

Problem statement and market gap
Your innovative solution and uniqueness
Team background and expertise
Stage of development and funding needs

Step 2: Visit the Official PIEDS Website

Go to https://www.pieds.bits-pilani.ac.in/
Navigate to the “Apply for Incubation” or “Programs” section to find the latest call for applications.

Step 3: Fill Out the Online Application

Complete the form by providing:

Founder and team details
Startup overview and market potential
Technology readiness level (TRL)
Business and revenue model

Attach relevant documents such as pitch deck, prototype images, or business plan.

Step 4: Screening and Shortlisting

The PIEDS selection committee evaluates applications based on:

Innovation quotient
Feasibility and scalability
Team capability
Social and commercial impact

Step 5: Pitch Presentation

Shortlisted applicants are invited to present before an expert panel comprising mentors, industry leaders, and investors.

Step 6: Selection and Onboarding

Successful startups receive an incubation offer letter. They are then onboarded to the PIEDS program — gaining access to space, mentorship, and funding opportunities.

Step 7: Continuous Monitoring and Growth

Throughout incubation, startups receive ongoing mentoring, milestone tracking, and opportunities to participate in pitch events and demo days.

Benefits of Incubation at PIEDS

Access to Labs and Infrastructure:
Use the cutting-edge R&D and prototyping facilities at BITS Pilani.
Mentorship and Industry Expertise:
Get strategic guidance from BITS faculty, alumni, and investors.
Funding Support:
Apply for seed funding, grants, and investor connections.
Brand Association with BITS Pilani:
Being incubated at PIEDS enhances visibility and credibility.
Networking and Collaborations:
Connect with corporate partners, research labs, and global innovators.
Market Access:
Participate in startup events, exhibitions, and product showcases organized by PIEDS.

Success Stories from PIEDS

Over the years, PIEDS has supported numerous successful startups that began as student or research projects.

Some of its notable alumni-incubated startups include ventures in:

AI-based education platforms
Renewable energy solutions
Biotech diagnostics tools
FinTech automation software

Their success stories are a testament to how the PIEDS ecosystem transforms student innovators into successful entrepreneurs.

Future Vision: PIEDS and India’s Innovation Landscape

PIEDS envisions becoming one of India’s top 10 university-based incubators by strengthening its ecosystem through:

Expanded partnerships with global accelerators
More funding linkages under Startup India and DST schemes
Focused innovation programs in AI, ClimateTech, and Sustainability
Increased outreach to women entrepreneurs and rural innovators

Through its efforts, PIEDS is helping shape India’s next generation of technology-driven, impact-focused startups.

Conclusion

Incubation at the Pilani Innovation and Entrepreneurship Development Society (PIEDS) is more than a support program — it’s an opportunity to join one of India’s most vibrant innovation ecosystems.

Whether you’re a BITSian innovator or an external entrepreneur, PIEDS offers you the infrastructure, funding, and mentorship you need to transform ideas into impact.

If you’re ready to begin your entrepreneurial journey, visit the PIEDS website, prepare your proposal, and apply for incubation today — your startup’s future could begin right here in Pilani.

How to Apply for Incubation at Pilani Innovation and Entrepreneurship Development Society