The Institute for Innovation and Inventions with Mathematics and IT (IIIMIT) has been established in collaboration with the Mathematical Sciences Foundation (MSF). Its emphasis on an integrated research and education program that brings together academia, industry and society makes IIIMIT unique among mathematics institutes in India.

IIIMIT has been envisioned as an expansion of the decade-long activities of the MSF. MSF has created numerous high-value activities in training and research that have involved teachers, students, scientists, government and private institutions and other segments of society.

IIIMIT primarily focuses on the following activities:

• Applications of mathematics and information technology to real-world problems.
• Creation of a training and research platform for teachers and students.
• Involve and train – in innovation – people drawn from various sectors of academia and industry, including college teachers and undergraduate students.

IIIMIT conducts a teaching program Excel in Business for students in Kashmir, and hosts a month-long summer internship program called Inviting All Young Minds (IAYM).

Three focus groups have been initiated:

• Computational Finance
• Dynamical Systems
• Mathematics Education