The SEE area has a low performance with respect to R&D, innovative activity and thus of competitiveness. Therefore it is crucial to establish frameworks to motivate SMEs for innovation activities, to bring them closer to R&D activities and to provide a favourable environment for them. As a response to that, many national and regional innovation policies in the SEE area aims to develop innovative business parks. However, the effectiveness of attempts to create or further develop such entity varies. Coordination, cooperation, flow of information, transfer of knowledge and best practice among existing business parks are non existing. Joint programmes or projects which strengthen cohesion within the SEE area to achieve a critical mass and international visibility are not in place. There is lack of standards which could serve as guidelines for establishing and further developing innovative business parks and its services in an efficient and effective manner. The main objective of FIDIBE is to develop standards, provide mechanisms of cooperation and exchange of experience, demonstrate best practice in the area of Business Park development.