The purpose of ICLA is to foster the highest possible professional and ethical standards, while providing collegiate licensing practitioners a broad range of professional advancement opportunities. Further, it is ICLA's mission to improve the overall understanding and effectiveness of institutional trademarks/tradenames and licensing, while upholding the ideals of higher education.

To achieve this mission, ICLA will provide educational opportunities to increase the knowledge and skills of its members; establish a forum for the exchange of meaningful dialogue to increase understanding of relevant industry issues and initiate and disseminate industry research, data and trends to enable licensing personnel to be better informed.