Technopolis Thessaloniki ICT Business Park was founded in 2001 with the participation of Information and High Technology companies from all over Greece, as well as public bodies. The company's aim was the establishment of the first high techology Business Park in Greece and to resolve some of the problems of companies in the industry, such as housing needs. Also to create a grid of modern infrastructure and investment opportunities, which will be a development opportunity both for Thessaloniki and Northern Greece, and the country in general. The area which was selected for the creation of the Park is located on the eastern side of the city, which is the fastest growing area of Thessaloniki, and has already evolved into a centre of innovation and technology where within a short distance are the National Centre for research and Technology Hellas (CERTH), the Museum of Technology(NOISIS) and CEDEFOP. Also in the wider region there are several commercial and recreational centers, hotels, medical facilities and educational institutions. Today, the original purpose of the company has achieved with the official inauguration of Technopolis Thessaloniki, the first High Technology Business Park in Greece, a result of an investment project of more than 12.5 M. Euros. The company's next goal is the utilization of the accumulated experience to create a network of Technopolis – Incubators in other regions of the country.