Patras Science Park (PSP) is one of the six Science and Technology Parks (STPs) established in Greece back in the early 90s under the auspices of the General Secretariat for Research and Technology (GSRT). An initiative of the Foundation for Research and Technology and the Institute of Chemical Engineering Sciences (FORTH/ICE-HT), became in 2001 an independent Public Limited Company (Sociètè Anonyme) owned by the Greek Ministry of Finance.
For over 30 years, PSP supports the growth of innovative, technology based companies across several sectors such as ICT, biotechnology, clean energy and other industrial technologies, contributing to the City Region’s knowledge economy.
Patras Science Park operates according to the rules and provisions of the relative legislation for public and limited companies. It is managed by a Board of Directors assisted by a group of professional, dedicated and experienced personnel and partners.
A City with traditional entrepreneurial and commercial activity, a reforming political and cultural spirit and a proud record of academic and scientific excellence, it is no surprise that Patras is the home of one of the first and leading science parks in Greece.
Patras Science Park was established according to the model of “Incubator” for New Technology Based Firms (NTBFs). The main scope is to provide high quality infrastructure as well as co-shape the appropriate financial and social conditions that will support and promote the creation, operation and development of innovative firms through spin-off / spin-out processes and the co‑operation among the University, Research Centers and the Industry.
Their origin is mainly domestic, but also foreign companies have invested significant amounts through equity acquisition or VC funding schemes. The majority of the companies demonstrate a high degree of extroversion.
In the past, several companies needed to expand and “migrate” in other facilities or cities, but still retain their membership and actively contribute to the existed technological ecosystem. PSP presents a good record of such companies like CBL, Antcor, Bytemobile, Nanoradio and Atmel. On the other hand, large multinationals such as Citrix, Samsung and Dialog have established business units in the area to further strengthen their R&D activities, acquiring companies created and developed in PSP.
Furthermore, leading companies in their field (Velti, Althom Engineering) have chosen PSP as their base in the area, whereas other prominent companies or Institutes participate in tenant’s capital share (e.g. Systems Sunlight, Connecticut Innovations and Piraeus Tech Catalyst Fund in Advent, Vianex in Eldrug), securing and enhancing the important role of PSP in the national innovation and technology‑intensive entrepreneurial system.
Today, PSP is home of 41 companies and institutions, employing nearly 140 highly skillful personnel in areas such as engineering, chemistry, physics, medicine. These companies are catered with a mix of high quality office space, technical infrastructure and supporting administrative and business services.
Through successful collaborations, we wish to create a contemporary, innovative entrepreneurial zone, to be used as a tool for the development of the Region of Western Greece towards the “new emerged innovative, financial-productive environment”. Such approach will facilitate and mobilize both additional and alternative, new financial, productive and constructive forces in the Region.
PSP business model can be described under the following three headings:
To effectively implement its business model, PSP has devised a three-pillar strategy with certain objectives to be achieved in each thematic focus:
The aim is to support tenant’s daily operation through the provision of high-quality office and lab spaces, technical infrastructure, basic administrative services, and flexible non-prescriptive support with the assistance of an experienced network of partners.
At PSP we believe that we have to offer more than just space and standard facilities. To this extent, PSP management is in the process of designing and developing a range of initiatives and added value services to support companies in their business growth and competitiveness. These include:
Regional Development based on knowledge, technology and innovation, depends on several factors and needs both creative and decisive actions. PSP in cooperation with Enterprises, Regional Authorities and other Institutional Stakeholders considers the delivery of Regional Development Projects of paramount importance for the so-called knowledge-economy. Such Projects can contribute to the following:
PSP is proud that has developed professionalism and responsibility around the workplace
A chamber of 6 responsible people, who bring unique knowledge and skills which complement the knowledge and skills in charge of the decision making of the PSP future
The team of PSP cooperate to complete task that are aiming to the high visions of the company
Summary report that shows how a PSP has used the funds entrusted to it by its stockholders (shareholders) and lenders, and what is its current financial position
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