Become a leading resource centre of knowledge management pertaining to various aspects of entrepreneurship.

Promote entrepreneurship through education, training, applied research and institution-building.

Augment the pool of entrepreneurs in different sectors and constituencies in accordance with national priorities and programmes.

Help existing SMEs and family managed businesses improve their entrepreneurial competencies and develop cadres of trainers in entrepreneurship

Facilitate interface with policymakers and foster networks with Central and State Governments, Entrepreneurship Development Institutions, Industry and other stakeholders.

Assist in capacity building, training and institution in the field of entrepreneurship with focus on innovation, incubation and digitalization at national and international levels.