About the Park

The Research Park is a concrete response to the needs of industry. The Park is an innovation enabler. It’s a place where the necessary elements for innovation and economic development partner with business to create competitive advantage.

What makes us a different kind of research park is our mission to advance business and society by facilitating the access to the “innovation inputs” needed to accelerate economic growth for business and the social well-being of the markets in which they work.

The Park’s simple mandate is to ally with business to identify, facilitate and accelerate innovation so it can more rapidly be brought to market.

Delivering on this mandate required a new definition of a research park. The traditional definition and role of a research park could not meet the expectations and needs of industry or the goals and objectives of our Park.

Working with industry we have created a new 21st century definition of a research park that works for industry.

We have defined our Park as follows:
"A self-sustaining innovation centre focused on facilitating the creation, integration and application of innovative solutions for the region's constituents. The Park is an innovation conduit with an inflow of ideas, talent and capital from its partner networks and through the Park's facilitation hubs gives rise to an outflow of products, processes, services and ventures that create diversity, sustained markets and economic growth for the region."

This description makes the Park unique versus traditional research parks, in either the public or private sector. This uniqueness, coupled with a unique partnership of academia, government and business, a market-responsive model and a bias to action attitude, has been directly integrated into the Park's strategies and actions.

It’s Time

Never before have academia, government and business come together to share such a pure and focused vision. A vision defined by its commitment to seek and develop industrial innovation. A vision that recognizes innovation as key to economic growth and competitive advantage. A vision that encourages and nurtures the entrepreneurial spirit. A vision that is mindful of the communities it serves. In short the Park is, in itself, an innovation whose time has come.