The Corporation shall be dedicated specifically and primarily to education, entrepreneurship endeavors, and facilitating technology and knowledge transfer among Member institutions research centers, municipal governments, state institutions and corporations throughout the hemisphere and the Iberian Peninsula. Specifically, the purpose of the Corporation shall be:
VISION: ISTEC will be a leading academic organization to improve the quality of life in Iberoamerica.
MISSION: To foster sustainable socio-economic development in Ibero-America by carrying out programs focused on:
• Advancing the quality of education, and promote the culture of quality,
• generating and disseminating knowledge and information,
• establishing cost-effective vehicles for technology transfer,
• encouraging joint international research and development,
• and creating and environment for entrepreneurship.