New STP funding mechanism based on the development strategy linking public funding with market driven services

Funding the activity of a science and technology park in a changing global economy is a growing challenge. In order to assure a constant grow of the park and development of its services parks’managers should constantly look for various funding opportunities. Relying only on one source of income could jeopardise the STP sustainable development and mission implementation. STP should find its most suitable financial model and cooperate closely with the other actors of the local innovation ecosystem.This paper shows a case of a Poznan Science and Technology Park (PSTP) in Poland which is currently implementing its new development strategy foreseen until 2025. Authors analyse the circumstances that led to the decision on the change in the PSTP financial model and present its rationale.The objective of the paper is to present the new strategy development process, its outcomes, first results of the strategy implementation and changes in funding mechanism.