The Palm Beach and Broward county commissions took the visionary step to create the Florida Atlantic Research and Development Authority (FARDA) in 1985, to create and sustain research parks in the two counties. The Research Park at Florida Atlantic University, with campuses in Deerfield Beach and Boca Raton, exists to provide a supportive environment in which companies engaged in the research and development of new and innovative products can thrive. Many of the essential resources necessary for the success of the Research Park’s tenants can be found in our neighbor, Florida Atlantic University.
The Research Park at Florida Atlantic University is the only state university affiliated research park in South Florida, and is home to 24 high tech, high wage companies and 5 support organizations. In addition, the Research Park at Florida Atlantic University operates the premier Technology Business Incubator (TBI) in our region which is managed by a very successful regional economic development engine, Enterprise Development Corporation of South Florida (EDC). Also housed in the TBI, New World Angels is a structured angel investor group and the Institute for the Commercialization of Public Research, a clearing house for Florida’s technology transfer offices and other publicly funded research institutes.
Research Park Statistics – Boca Raton and Deerfield Beach
The University Connection
Florida Atlantic University is our immediate neighbor, and the foundation of our value proposition to tenants. Access to the intellectual capital in the student body and faculty as well equipment and joint grant opportunities provides the opportunity to speed the development of new products. The support of the University President, faculty and students, is essential to ensuring that the relationship between us is nurtured and remains strong.
To be recognized as Florida’s premier R&D destination for innovative technology businesses to thrive.
To create and sustain the best R&D park environment maximizing the academic talent and regional resources in South Florida to accelerate economic development and prosperity.
The Florida Atlantic Research and Development Authority operates the research park using the brand name Research Park at Florida Atlantic University.