The main objective of the Fund is to generate a consistent and stable flow of financial resources to support scientific research and technological innovation to drive social inclusion and sustainable socio-economic development through the implementation of technology transfer and developmental projects towards wealth creation in industries and local communities.

Specifically, the Fund seeks to:

1. Moblize both financial and non-financial resources to support transfer of specific CSIR technologies towards industrial development.
2. Drive the process of innovative technology development and transfer for national and local development programmes and projects.
3. Establish incubation hubs for specific CSIR technologies to support industries and communities towards wealth creation.
4. Conduct innovative demand-driven research to support industrial development
5. Partner with industries and corporate organizations to deploy CSIR technologies maximize the impact of their Corporate Social Responsibilities.
6. Support eaarly to mid-career scientists and administrators in specific priority areas of career development.
7. Support the sustainability of impactful projects towards socio-economic development of Ghana.