The BIT-CIIE has been started to promote both theoretical and experimental research in areas of both industry relevance and social importance. It is an inter-disciplinary research center to promote amalgamantion & fusion of ideas amongst the various schools of the College. At present, The School of Engineering (SET) and the School of Management (SoM) is contributing through its faculty & research scholars registered in its various disciplines like Mechanical, Electrical, Electronics, Computer Science, Physics & Chemistry and Management. In the near future, the innovation center will work closely with the School of Pharmacy.
To build the environment that will promote technical and social innovation and foster the spirit of incubation and entrepreneurship to develop solutions through innovative and creative thinking using interdisciplinary approach.
Another objective of the Innovation center is to foster and generate interest among under graduate students to carry out socially relevant projects as part of their end-semester project, offer avenues for practical research to M. Tech and Ph. D scholars. This centre will nurture and encourage entrepreneurial approach among students and faculty in fostering creativity, idea generation and product development besides closely working with the local industry. It will facilitate inter-disciplinary research and provide incubation facilities to start ups and budding entrepreneurs, In the near future the innovation center will also provide support in the patenting process.
 Nurture and encourage entrepreneurial approach among students and faculty in fostering creativity, idea generation and product development.  Closely working with the local industry. Strengthening Industry fusion of cutting edge tools and technologies in academic curriculum.  Develop research cases and publish research papers.
 Inviting upcoming, successful and eminent innovators and entrepreneurs as part of Platform Lecture Series  Organize Faculty Development Program and Workshops for students, researchers and faculty members.
 Promoting socially and practically relevant academic research among M. Tech, Ph. D scholars and Faculty members.
 Provide incubation facilities to start ups and budding entrepreneurs  Lastly, in the near future the innovation center will also provide support in the patenting process.