Sustainability and potential
Degree of innovation
Reputation and potential of the management team
Impact on location and industry
NOI Techpark accepts all companies that are active in fields matching the technology park’s development strategy. NOI positions itself as “Nature of Innovation” and is thus looking for companies that boost innovation as well as research and development and, most preferably, are active in one of South Tyrol’s fields of excellence (Alpine technology, green technology, food technology, ICT and automation) in accordance with South Tyrol’s multi-year plan on research and innovation as well as South Tyrol’s Smart Specialisation Strategy.
The business strategies of all applicant companies as well as their business and financial plans have to be sustainable in the medium and the long run. In addition, all companies must show sufficient potential for further growth and hand in a full and feasible business plan.
Several factors will be assessed to determine an applicant’s innovative strength (which may refer to either a company’s products and services or its processes or business model): Does the company run any research or development projects? Where did the company conduct its R&D activities in the past? Does the company workforce show a high degree of scientific and/or technical skills and qualifications?
One of the key criteria for admission is the applying company’s capacity to contribute to NOI Techpark’s growth and its innovative strength. To meet this goal, the level of know-how among executives and managers will be assessed in order to evaluate whether or not the company’s leadership has the experience and potential required to manage operations and projects.
One of the more pragmatic criteria for admission is how beneficial the company can be for the business location itself. Will the company’s innovation projects potentially translate into production and marketing of products and services? Will there be new jobs for highly qualified professionals? Will it contribute to overall growth in its line of business and offer new opportunities for cooperation with other organizations in South Tyrol?