Science Parks help in creating an atmosphere for innovation and entrepreneurship, and promote active interaction between academic institutions and industries for sharing ideas, knowledge, experience and facilities for
the development of new technologies and their rapid transfer to the end user.
The major objectives of STEPs are to forge linkages among academic and R&D institutions and industry, to promote entrepreneurship among Science and Technology persons, to provide R&D support to the small-scale industry and to promote innovation based enterprises.