Its mission, which is outlined in the Code of Virginia (§23.1-200), is "to promote the development of an educationally and economically sound, vigorous, progressive, and coordinated system of higher education in the Commonwealth of Virginia."
According to the Code of Virginia (§23.1-200), the objective is to encourage the development of a well-educated and economically prosperous, innovative, and integrated network of higher education institutions in the Commonwealth of Virginia.