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KSUM works to achieve the following objectives.
To undertake in a time bound and mission oriented basis; the planning, establishment and management of Technology Business Incubators in Kerala so as to promote technology based entrepreneurship activities and create the infrastructure and environment required for promoting high technology based business activities.
To encourage local entrepreneurship and attract Non Resident Indians & foreign national entrepreneurs and Companies to set up high technology based business activities in the region.
To undertake major initiatives to assist in innovation promotion in the region.
To accelerate the up-gradation of research and development facilities in Universities and other Institutions in the region to make them capable of carrying out leading edge research in high technology areas.
To encourage and support established technology business units to carry out innovation research for developing new products and services.
To build appropriate models for Entrepreneurship Development through research matching the socio-cultural environment of Kerala.
To organize and co-ordinate faculty development programs for the technical and management faculty in the colleges in the State, organize Technopreneurship development programs, Entrepreneurship development programmers etc.
To plan and implement industry institute linkages and create a Networking of all the Arts & Science Colleges, Polytechnics, Engineering colleges and management schools in the state for better knowledge sharing and up-gradation of the quality of the technical education in the state of Kerala.
To promote knowledge driven and technology based start up ventures by students, faculty personnel, other local entrepreneurs and employee turned entrepreneurs.
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