With the prime objective of promotion of high-tech entrepreneurship based on indigenous knowledge, founded more than twenty years ago, STP-Pune has incubated 25 ventures so far, of which 2 have graduated successfully.

STP PUNE is one of the Science and Technology Entrepreneurs Park (STEPs) set up in the year 1988 by University of Pune and promoted by National Science and Technology Entrepreneurship Development Board (NSTEDB) of Department of Science and Technology, Government of India.

The Park acts as an interface to bring complete cohesion between the researchers & industry to work for mutual benefits and for benefit of the society at large. It works as the nodal agency to provide training and consultancy services to the various government, public and private sectors. It is also involved in giving need-based training to researchers, entrepreneurs and industries by using resources in terms of manpower and infrastructure of the university and various national and state institutions.

Functioning as a bridge between industries and academia, the Park is playing significant role in Knowledge & Resource Management and mainly focuses on commercializing resources, managing innovations, managing Intellectual property, commercialization of technologies, promotion of industry sponsored research and contract research and to build synergy between industries and academia.