To create jobs, wealth and business aligning with national priorities.
To generate consciousness about the importance of entrepreneurship among the students and local community.
To promote new technology/knowledge/innovation based start-ups.
To encourage creative thinking process among the incubates and provide the platform for commercialization of product/technology.
To boost the domain knowledge/skills to develop the innovative products/services.
To construct a start-up ecosystem by establishing a network between academia, financial institutions, industries, and other institutes.
To provide cost effective value added services to startups, like mentoring, legal, technical, intellectual property related services.