Technological Institute Foundation for the Development of Maritime Industries (INNOVAMAR) is a private, nonprofit established that, by the express will of its founders, has affected a lasting heritage to achieve the following purposes general interest (listed in Section 6 of the Statutes):
1. The Foundation's fundamental purpose, to foster research and development in shipbuilding and ancillary industries, as well as shipping and exploitation of marine resources, with special emphasis on supporting projects that develop agreements cooperation between enterprises, organizations and / or entities and the establishment of corporate alliances.
2 .- The promotion of scientific and technical research and training activities in the areas identified in the previous section are therefore major goals, and be achieved through appropriate work programs that identify the bodies of government Foundation.
3 .- The study, defense and environmental support as well as any action relating to the protection and improvement of environment in regard to the maritime sector.