News

Federal Council in favor of Innovation Park East

Innovation Park East is part of the Swiss Innovation Park network, the Federal Council has decided. Its main location is St.Gallen. The innovation park is backed by the Eastern Swiss cantons and Liechtenstein.

The main site of Innovation Park East is at Campus Lerchenfeld in St.Gallen, at the Swiss Federal Laboratories for Materials Science and Technology (Empa).
The main site of Innovation Park East is at Campus Lerchenfeld in St.Gallen, at the Swiss Federal Laboratories for Materials Science and Technology (Empa). Image Credit: Buenzlistan, CC BY-SA 3.0 via Wikimedia Commons

Innovation Park East promotes the areas of health and digitization as well as the mechanical engineering, electronics and metals (MEM) industries. It will carry out this work as part of the nationwide network Swiss Innovation Park in future. The Swiss Federal Council has approved the inclusion of Innovation Park East as the sixth site in the network, as was reported in a press release.

The main site of Innovation Park East is at Campus Lerchenfeld in St.Gallen, at the Swiss Federal Laboratories for Materials Science and Technology (Empa). A second site will be based in Buchs in St.Gallen. Alongside St.Gallen, the sponsors of the new innovation park include the cantons of Thurgau, Appenzell Ausserrhoden and Appenzell Innerrhoden as well as the Principality of Liechtenstein.

Innovation Park East will be used by companies and scientific institutions alike. They will have access to research and laboratory facilities as well as the relevant working infrastructure. Through shared innovation projects, these companies and research institutions in the fields of health, digitization and MEM will be able to boost their competitiveness.

The other five locations in the Swiss innovation park network are Zurich, Lausanne, Biel, Aargau and Northwest Switzerland around Basel. “To be mentioned in the same breath as Zurich, Lausanne and Basel is an impressive testament to the high capabilities of Eastern Switzerland as a place of work and research,” said Beat Tinner, head of the Department of Economics of the canton of St. Gallen, in a press release. “As a location, we can work with our partners in research and business as well as the neighboring cantons and the Principality of Lichtenstein to play our part in ensuring our companies and education facilities stay part of the international elite in future, while also raising the ability to create value added.”

Handbook for Investors

Our Handbook for Investors provides valuable information about technologies and production costs, taxes and financing, as well as the legal system and infrastructure in Switzerland. Browse through the complete handbook online or download the chapters most relevant to you.

Share
How should we contact you?

Premium Partner

Strategic partners

Institutional partner

Official program