The proposed areas of utilization of AEF shall be, but not limited to :

Infrastructure development: Acquiring accommodation initially by way of lease or license; later, taking up acquisition of land and construction of new building(s) like: Alumni and Students Career Centre (Training & Placement); Centre for Innovation & Product development; Renovation of Student Hostels; Seminar Halls, Classroom Modernization, Student Amenity Centres etc., Campus infrastructure: roads, landscaping, gardens, playgrounds, stadiums, swimming pools etc.; Facilities – Computing facility, network infrastructure, library, etc.

Research & Development : Faculty chairs (Endowment Professorship Chair) – to recognize and reward outstanding faculty members, Establishment of State-of-the-art Research centres including Centre of Quantum Technologies, Central Clean Room Facility, Central Characterization Facility, etc. Supporting research projects / inter-disciplinary research projects, Development of Indigenous equipment/instruments for material characterization and evaluation, Establishment of Technology Incubation centres; Socially relevant projects, etc., Innovation, incubation and start-ups.

Faculty Development and Encouragement: International/National Travel support to Faculty and visiting faculty, Encouragement for patent filing, Encouragement for Book writing, Young Faculty Research Awards, Supporting training programs to faculty for knowledge enhancement either in India or abroad, Lecture series, by distinguished persons; Awards/prizes to encourage faculty members to conduct innovative research and development activities in the institute.

Student Development: All-round personality development/career building programs Inculcating, Entrepreneur development skills, International Travel support to students, Summer Undergraduate Research Grant for Excellence

Research Fellowship: Cash award for research article publication by both students and faculty, Scholarships and awards to students both merit and merit cum economics Gold Medals etc., Cultural and sports activities.

Industrial Extension Services: Continuing Education programs / Refresher programs to field Engineers, Seminars / Conferences/ Workshops Collaborations with leading Research Centres / Institutions / Industries, both in India and abroad, Student exchange / faculty exchange programs & Creating opportunities for industry persons to work in the institute for short duration and to share their expertise with students/faculty.

Societal & Community Development Services: Skill development programs, rural development, Technology awareness campus Finishing schools for unemployed graduates etc.

Alumni Welfare: Organize social events, Get-Togethers, Guest lectures, Invited Talks, Workshops, Publish Newsletters or Magazines relating to Alumni etc.