BALTECH was set up with the aim to be the solid base for wider partnership and closer cooperation between universities in the Baltic Sea Region within the area of natural sciences, technology and industrial management and as a strategic resource for long-term development of education and research in accordance with the needs of the region. The aim of BALTECH coincides with policies on the highest political level on profound and intense cooperation in the region, the importance of this, is not the least underlined by the EU Commission.

One of the main BALTECH objectives has been to focus on topics with a common interest for all member universities involved. BALTECH is an important forum of exchange of information and ideas on what is going on within education, research and administration between the member universities in the region.

Long term goal of BALTECH consortium is to develop a virtual Baltic Sea University of Science and Technology.