It is located in Adama, a city in the Oromia Region, Ethiopia.

It offers business incubation and technology transfer services to students, innovators, and small and medium enterprises (SMEs) in various fields of science and technology.

The center's mission is to foster a culture of entrepreneurship in the university and the community and to help create and grow businesses that can address the social and economic challenges of the country.

ASTU-EDC was established in 2012 as part of the Ethiopian Entrepreneurship Development Program, a national initiative funded by the Ministry of Education and the United Nations Development Program (UNDP).

Since then, ASTU-EDC has served more than 3,000 individuals through its training and incubation programs.