The mission of the IEDC is to “develop an  institutional mechanism to create an entrepreneurial culture among the students, faculty and the society, also to encourage growth entrepreneurship skill at large scale”. The functioning of the cell in Sacred Heart College, Thevara was started in 2021.

The Innovation and Entrepreneurship Development Centres (IEDC) are platforms set up in Management and Arts & Science Colleges with an aim to provide students an opportunity to experiment and innovate. IEDCs works as the first launch pad for a student’s entrepreneurial journey and provide them with access to cutting edge technology, world class infrastructure, high quality mentorship, early risk capital and global exposure.

 The concept of Innovation and Entrepreneurship Development Centre (IEDC) is formulated to promote innovation and entrepreneurial culture in educational institutions and to develop institutional mechanisms to foster techno-entrepreneurship for generation of wealth and employment.

The purpose of the IEDCs will be to act as an inspirational platform, for the  student entrepreneurs and tech savvy innovators, in skilling and sharpening their entrepreneurial skill sets. The selected innovators will be exposed to Innovation culture, emerging technologies and Business aspects with the implicit assumption that the delta will become an entrepreneur and all the other skilled talents will get high end jobs with the kind of exposure and skills they acquire.