Tartu Biotechnology Park (TBP) provides 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 establishing new companies.

The activity of TBP stands on five pillars – quality, cooperation, competence, information and innovation. The aim of TBP is to create a favourable and developing environment for the promotion of biotechnological entrepreneurship in Estonia.

In order to achieve its aims and to provide better services TBP engages in active cooperation with Estonian and foreign biotechnology companies, research and development institutions, foundations for the development of entrepreneurship and biotechnology and other organizations, including state agencies and local authorities. TBP also participates actively in the programs and projects financed by the European Union and the Estonian government.

Starting in September 2005 TBP runs the BioMed incubator for biotechnology, medical and veterinary businesses.

Since 2005 TBP has been a member and local contact point of ScanBalt – an organization that incorporates countries along the Baltic Sea. As a network of networks, it aims to promote the development of ScanBalt BioRegion as a globally competitive meta-bioregion.