The objective of IEDC of MACE is to provide a platform to assist and enable young entrepreneurs to initiate technology startup companies. The Innovation Entrepreneurship development centres are small incubators which promotes Innovation and entrepreneurship from the college level. It is supported by the Kerala Startup Mission which helps the students to come up with innovative ideas and work within the IEDC and start their entrepreneurial journey. IEDC enables the budding entrepreneurs to showcase and test their abilities in running a startup business. The cell provides a range of resources that enables it to empower students, faculty, and staff to pursue entrepreneurial achievements that leads to an improvement in the standard of living, drives the economy and also helps incubators to bridge the gap between inventor and venture capitalist. Current students are allied with alumni, who work in the start-up community to further their cause. The cell provides grants for students to pursue their ideas. It also support, simplifies and clarifies student intellectual property transfer processes for students and the broader community and to develop and maintain an entrepreneurship certificate program so that students can take courses in innovation and business from experts in entrepreneurial community
