By creating an environment fit for "entrepreneurship" and "innovation", NTU Innovation & Incubation Center (NTUIIC) is dedicated to removing obstacles for small and medium-sized enterprises (SME) to start a new business, addressing the problem of insufficient technology research capacity in enterprises, and facilitating the transformation and upgrading of traditional industries. With the University's research capacity, knowledge can be excavated more economically and transferred to enterprises via the NTUIIC platform before being transformed into value-added industrial knowledge, and further bolstering the competitiveness of industries.

By creating an SME-friendly incubation environment with the integration of on and off-campus resources, NTUIIC aspires to make the local innovation industry more competitive in the world and to facilitate the commercialization of NTU's research results.

The center incubates around 21 to 30 high-tech SMEs in startup and expansion stages each year by offering comprehensive help so that the enterprises can grow steadily and give back to NTU.