A Technopark is a designated area that fosters innovation and technology development. It typically houses various companies, research institutions, and startups that focus on high-tech industries. These parks provide essential resources such as office space, laboratories, and access to funding, helping businesses grow and collaborate. Many Technoparks are affiliated with universities or research organizations, promoting partnerships between academia and industry. They often host events, workshops, and networking opportunities to encourage knowledge sharing and entrepreneurship. By creating a supportive environment, Technoparks aim to drive economic growth and technological advancement in their regions.