1. Provide start-up, existing entrepreneurs and small business owners opportunities to learn more about  starting and managing their small business.
2. Provide entrepreneurs and small business owners management and technical assistance in planning, implementing, and controlling their ventures.
3. Provide a research support system that generates information for entrepreneurs and small business owners that relates to starting and managing small businesses.
4. Establish and maintain an environment conducive to business incubation that will contribute to business faculty and student academic growth through hands-on learning that will enable business students to acquire skills and abilities necessary for careers in the business industry and entrepreneurship.
5. Promote the growth of workforce development opportunities for small businesses in order to expand and diversify the local and regional economy.
6. To increase partnerships in the SUNO community and the community at large by creating links to other departments at SUNO, local businesses, for profit and non-profit organizations and agencies to foster economic development opportunities.