Technology Park Varaždin is located in the district, where a critical mass of high professional knowledge and resources needed for the development of economical activities based on new technologies, exists.
The biggest concentration of knowledge in the region is located within faculties in Varaždin, where more than 100 doctors of science, masters and graduated
engineers officiate:
• Geotechnical Faculty of University of Zagreb;
• Textile Technological Faculty of University of Zagreb;
• Electro Technical Faculty Varaždin and Electro Engineering Faculty Varaždin; Engineering and Transport School Varaždin;
• Mining Chemistry School Varaždin, and
• School of Design and Textile Varaždin.

The Park is initiated in 2003. This first phase of the project consists of foundation of Impulse center by Secondary school of Electrotechnics and Mechanics in Varaždin. The second phase of the project, the establishment of Technology park Varaždin, was arranged by University of Applied Sciences. The City of Varaždin that is the founder and owner of University of Varaždin assigned Technology park Varaždin the building with 1300 m2 of available business space. At the beginning of 2007. there were 35 companies in the incubation process, mostly from the ICT sector. There were several companies from other different sectors whose incubation was possible because of the availability of business space. The co-financing of the project is provided by the government agency BICRO (Business Innovation Center of Croatia) since 27.11.2007. The cofinancing refers to building reconstruction (3300 m2) and operating expenses.