Technology Park Snapshot
The Technology Park undertakes the following:
- Assists and supports emerging and existing technology-based enterprises
- Accelerates business development and economic growth
- Provides state-of-the-art physical infrastructure
- Fosters non-competitive collaboration and can broker strategic alliances between Technology Park tenants, the University of Ballarat, and industry to develop effective business partnerships
- Provides consultation opportunities with academic researchers and skilled professionals
- Regional location is economically competitive and well connected
- Helps business to identify venture capital and funding from other businesses, financiers and local, state and federal government
- Promotes the reputation of the region as an ICT hub, advancing the standing of its tenants
- Is a stimulating precinct and dynamic work environment in a natural bushland setting
- Offers excellent facilities including accommodation, conference and catering services, in addition to plentiful parking and the broad facilities of the UB Mt Helen Campus
- Is committed to fostering a productive and sustainable community of technology companies
The Technology Park:
- Contains 25,000 square metres of floor area in nine buildings
- Has a capital value of approximately $65 million
- Houses 30 companies, including IBM, Ambulance Victoria, ID Research, Emergency Services Telecommunications Authority, State Revenue Office
- Technology Park tenants employ more than 1400 people
- Contributes to the regional employment of approximately 2000 further people through flow on effects, annually
- Annually contributes approximately $100 million into regional household income
- Annually contributes approximately $300 million to regional outputs
- The UBTP has placed a significant focus on attracting and fostering businesses that operate within the Information and Communications Technology industry sector. However other technologies being pursued include bio med, bio tech and renewable energy technologies.
