1. To promote National Development through creation and development of technology driven new enterprises and generation of highly skilled employment.
  2. To create awareness on self employment and entrepreneurship in unemployed graduates and graduating students.
  3. To assists the potential entrepreneurs to identify and evaluate the technology and know-how.
  4. To conduct research and develop educational material on topics related to innovations and their evolution into viable enterprises
  5. To disseminate research findings and related information on the management of innovation, incubation and entrepreneurship.
  6. To deploy new tools of technology transfer for speedy commercialization of R&D outputs.
  7. To help the entrepreneur to conduct their feasibility study, project appraisal, market research and economic study.
  8. To help the existing units and entrepreneurs by training their employees to improve their technical, financial, marketing and management skills.