The Research Park at Florida Atlantic University® is home to technology companies and research-based organizations working to support the research and development activities of Florida Atlantic University and to foster economic development and broaden the economic base of Broward and Palm Beach counties.
A 70-acre destination for R&D companies to thrive, the Research Park at FAU hosts FAU TechRunway, a South Florida public-private partnership that serves as a hub to accelerate technology development and incubate startup companies.
Established in 1985, it is widely regarded as South Florida’s laboratory for new entrepreneurial ideas and technologies. The Research Park at FAU is governed by the Florida Atlantic Research and Development Authority, an independent special district created by Florida Atlantic University in partnership with Palm Beach and Broward counties, organized under Chapter 159, Part V, Florida Statutes.
The Board of County Commissioners of Palm Beach and Broward counties each appoint three members to the Authority and Florida Atlantic University’s president, or his/her designee, is a member and serves ex oficio, as established by state statute and county ordinances.