Tartu Biotechnology Park was established in December 2001. TBP provides excellent physical infrastructure as well as business development and consultancy services to companies and R&D institutions in the fields of biotechnology, medicine and veterinary medicine. It supports companies in finding cooperation partners and is active in the establishment process of new companies. From September 2005 TBP runs the BioMed Incubator for biotechnology, medical and veterinary businesses. The incubator aims to support the formation and sustainable development of enterprises with grow potential.