To promote, establish and develop Information Technology ( IT) / Information Technology Enabled Services (ITeS) & Electronics ( EHM / ESDM ) Industries in the State of Madhya Pradesh.
To establish companies, associations for starting and taking over or conducting electronic industrial enterprises of any description; take over the management of electronic industrial units with a view to improving their working; to operate as agents of State Government in schemes designed to develop electronic industry in Madhya Pradesh or elsewhere.
To act generally as an industrial, management and financial and technical consultants and in particular to advise prospective entrepreneurs, concerns and corporate bodies assistance and service to them for the development of IT & ITES and electronics industries.
To promote use of IT and ITES in various Departments, Corporations, Companies, Societies, Boards etc. of Government of Madhya Pradesh. The scope would include Consultancy, Software Development, Hardware/Software procurement, Training, Testing, Networking, Recruitment of IT professionals and development of specified areas as Hardware and Software Technology Parks. The Corporation shall also involve itself in emerging areas in the field of Information Technology.
Objectives of MPCOST
To identify area in which Science and Technology can be utilized for achieving the socio-economic objectives of the State and in particular the objectives of tackling the problems of backwardness, unemployment and poverty in the rural areas and among the under-privileged sections of society such as Scheduled Castes, Scheduled Tribes, Landless Labour, Artisans, Small and Marginal Farmers and Women.
To initiate, support, promote and co-ordinate such research and development projects to the achievement of specific objectives and problems and assist in the fruitful exploitation of the natural resources of the state through various institutions and organizations in the state.
To establish or assist in the establishment of infrastructure (Institutions, Organizations etc.) necessary to science and technology to further the development efforts of the state.
To set up and manage documentation centres/library.
To prepare or assist in the preparation of Science and Technology plans and formulate research and development programmes; approve such programmes if received from other institutions and finance and/or aid such projects by means of grants, loans, supply of materials, provision of experts etc.
To promote the popularization of science spread, scientific temper and attitude among the people of the state and disseminate scientific knowledge by means of pamphlets, brochures, journals, books, films activity kits etc. and to organize seminar, symposium and conferences to promote science and technology.
To supplement the activities of the State Government in the field of Science & Technology.
To interact with other State Councils and National Science & Technology bodies with similar or related objectives.
To take other steps which are relevant to the application of Science and Technology to the problems of the State and to promote education in Science & Technology.
To institute prizes and awards for meritorious research and development work in Science and Technology.
Generally to take all such measures with the approval of the Council as are likely to accelerate the process of modernization in Madhya Pradesh through the use of Science and Technology inputs.