To act as an institutional mechanism for providing various services including information to budding Science & Technology (S & T) entrepreneurships.
To create Entrepreneurial culture in the Parent Institution and other institutions in the region and to promote the objective of NSTEDB, including programmes related to women and weaker section of the society.
To foster better linkages between the Parent Institution, Industries and R & D Institution in the region and other related organizations engaged in promoting Small & Medium Enterprises (SMEs) including NGOs and other voluntary Organizations.
To catalysis and promote development of S & T based enterprises and promote employment opportunities.
To respond effectively to the emerging challenges and opportunities both at national and international level relating to SMEs and micro enterprises.