IIM Kashipur has established three Centres of Excellence that are envisaged to serve as the intersection of scholarship, education, training, research and consultancies putting breakthrough interdisciplinary approach at the service of students as well as government and private entities. The aim of creating these is to encourage and facilitate the faculty from different areas to work together by associating them in projects and programmes on regular basis, by cutting across area or discipline barriers. These centres utilise innovative and critical thinking, creativity and research capabilities of the expert teams leading them. These centres try to leverage the knowledge resources available at the institute to put cutting-edge research into practice, driving innovation, entrepreneurialism and excellence in assigned areas.
Design Innovation Centre (DIC) 'NAVAASHAY'-नवाशय , one of them spoke of twenty DICs being set up in the country by the Ministry of Human Resource Development (MHRD), Government of India under the national initiative for setting up of Design Innovation Centre. The centre aims to develop design and innovation culture in the Institute by primarily addressing the problems of the North-West Himalayan region and other national priority areas.
Center of Excellence in Public Policy and Government(CoEPPG) serves as a bridge between policymakers, government agencies, civil society, industry and academia by supporting scholarly research, public policy and administration training programs, and other capacity building activities at the intersection of government and society addressing some of the most important public policy and governance issues.
Foundation for Innovation & Entrepreneurship Development (FIED), the incubation center of Indian Institute of Management Kashipur, is an initiative to nurture and strengthen the entrepreneurship ecosystem of India. With the help of Ministry of Agriculture, Department of Science and Technology, Uttarakhand Government and other supporting partners, FIED is set to incubate the most promising start-ups of India in the domains of Tourism and Hospitality, Agriculture, Art and Craft, and Education.