PIERC: Innovation and Entrepreneurship Research

Significant milestones in boosting the global start-up ecosystem

Impact created

254

Startups incubated

₹4.02 Cr

BIRAC SPARSH Grant

₹20 Cr+

Startup Funding

200+

Annual Events

₹90 Cr+

Investment raised by startups

1,400+

Jobs created

₹40 Cr+

Revenue generated by startups

70,500+

Students reached

About PIERC

The powerhouse of innovation

Parul Innovation & Entrepreneurship Research Centre (PIERC) is the driving force behind groundbreaking startups and entrepreneurial success. With an unwavering commitment to fostering innovation, PIERC provides an ecosystem where ideas are transformed into thriving businesses. Through expert mentorship, state-of-the-art infrastructure, and unparalleled funding opportunities, we are shaping the future of entrepreneurship. In 2015, the university registered a Section 8 company, Parul Innovation and Entrepreneurship Research Center (PIERC) as an incubator to formally extend its services and support to start-ups from idea stage to growth stage.

Recognized as a Nodal Institution

by the

Government of Gujarat

4-Star IIC Rating

by

Ministry of Education

(2020-24)

Our rankings and achievements

NIRF Innovation Ranking 2024 – Ministry of Education

Ranked among top 50 universities of India NIRF innovation ranking 2024 – Ministry of education

4 Star rating from the Ministry of Education's Innovation Cell,

4 Star rating received from the ministry of  education's innovation cell, Government of India 2024

Mentor institute for Mentor-Mentee program by Ministry of Educations Innovation Cell

The Only university in Gujarat to recognize as Mentor institute for mentor-mentee program by ministry of educations innovation cell

News, awards & upcoming events

Stay up to date with entrepreneurship at PU

Know more

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August 7

Vision & Mission

Vision

To establish a dynamic startup support system that empowers 5% of our students to embark on entrepreneurial careers, positioning them as job creators and pioneers of socio-economic development in India.

Mission

Cultivating an entrepreneurial mindset and fostering a culture of innovation through strategic initiatives and campaigns.

Establishing a robust innovation ecosystem that nurtures startups and accelerates their growth.

Strengthening collaborations with industry leaders, investors, and ecosystem stakeholders to create an end-to-end startup support framework.

Our areas of start-up support

We take you from a dreamer to a leading entrepreneur

A six-month accelerator program designed for product-ready or early revenue-stage startups. This high-impact initiative offers investor pitching, tailored mentorship, strategic networking, pitch deck crafting, funding expertise, and market access to transform startups into industry leaders.

Startup counselling & handhold support

Customized guidance to align entrepreneurial ideas with real-world market needs.

Pre-seed, seed grants & funding opportunities

Access to grants, private funding, angel investments, venture capital, and business loans.

Co-working space & allied resources

Premium workspaces, collaborative lounges, and seminar halls tailored for startups.

Startup programs

Industry-leading initiatives like the incubation program, Growthpad program, and need-based support program designed to scale startups efficiently.

Product development

State-of-the-art FABLAB and prototyping facilities to transform ideas into tangible innovations.

Mentor connect

Direct access to an exclusive network of accomplished mentors and domain experts.

Startup community connect

Vast networking opportunities that foster collaboration with industry experts and stakeholders.

Startup events

Participation in premier startup festivals, demo days, expos, pitching sessions, and entrepreneurship summits.

Our startups – From vision to reality

Celebrating the success stories of startups incubated at PIERC, showcasing their journey, achievements, and impact.

Kasturi Dori Private Limited specializes in handmade designer crafts while empowering skilled artisans.

Supporting 10 artisan families and collaborating with over 20 women-led groups, the startup follows a sustainable, zero-waste production model. It has also raised angel investment to expand its reach. Founded by Tushar Ahir.

VolDebug Innovations Pvt. Ltd. specializes in security information systems software.

And was awarded the outstanding performance award by Hon’ble Home minister Shri Amit Shah at the inauguration of the Center for Cyber Operations and Security (CenCOPS) in Chandigarh. Founded by Meet Bisht, Monika Chand, and Rohit Ganaka.

T7 Surveillance Solutions Pvt. Ltd. is a cybersecurity firm offering forensic and crime solutions with a 100% success rate.

The startup received a grant from Gujarat Technological University under the GTU-SSIP initiative by the Government of Gujarat. Founded by Surya Tej Kaddam and Kammari Raju.

A message from the director - A vision for innovation

At PIERC, we are committed to fostering a new era of entrepreneurship, where innovative ideas meet groundbreaking opportunities. Our mission is to provide young minds with unparalleled support, equipping them to revolutionize industries and build successful enterprises.