The objects for which Institute has been established are promotion and development of micro, small and medium enterprises and enhancement of their competitiveness through the following activities, namely:-
  • To organize and conduct training programmes for entrepreneurship development.

  • To evolve and standardize field tested strategies and methodologies of developing entrepreneurship to suit the respective locations (urban and rural) and various target groups of individuals, clusters or groups

  • To conduct and co-ordinate training and research activities for or in collaboration with various institutions and organizations engaged in entrepreneurship development.

  • To identify the need and provide training to the members of various Governments/ non-governmental organizations engaged in supporting and promoting entrepreneurship.

  • To gather, analyze and process information needed for formulation of policies and implementing programmes related to self-employment, entrepreneurship and industrial development

  • To identify, design and conduct training and offer consultancy services needed for improving management efficiency, productivity and technology adopted by existing entrepreneurs

  • To undertake documentation and dissemination of information related to entrepreneurship and (industrial/ business) enterprise development.

  • To prepare and publish literature and information material related to entrepreneurship/enterprise development

  • To provide forum for interaction and exchange of views and experiences and best practices among Government/ non-governmental agencies, associations of enterprises and individual entrepreneurs mainly through seminars, workshops, conferences, etc

  • To study problems and conduct researches to generate knowledge for accelerating the process of entrepreneurship development

  • To catalyze entrepreneurship, enterprise development, self-employment and establishment of new industry/business

  • To evolve, design and help use of various media for promoting the culture of entrepreneurship