Case study

Albania: Building the Foundations for a Successful Science and Technology Park

The Client

The client sought to explore the potential for developing a Science and Technology Park (STP) in Albania. In order to achieve this ambition, they required an in-depth understanding of how leading STPs in Europe are structured and managed, as well as expert guidance on identifying the most appropriate business model for Albania’s unique context.

The Client Problem

The client faced the challenge of navigating a highly diverse European STP landscape to determine which models and practices could be most effectively applied in Albania. They needed to understand the key factors behind the success of established European parks and to translate these insights into a feasible investment business plan. Beyond this, they required support in designing a process for evaluating the first users of the park, ensuring the initiative would start on a strong and sustainable footing.

The Solution

Our team provided comprehensive consultancy throughout the project’s lifecycle. We began by examining Albania’s specific landscape and developing a tailored approach for selecting and analysing European STPs. This led to an in-depth study of four leading parks across Europe, through which we identified the most critical success factors. Drawing on this analysis, we were able to recommend the most suitable business model for Albania, carefully adapted to its economic environment and development ambitions. Finally, we supported the client in preparing a robust investment business plan and in designing and implementing the framework for assessing and engaging the park’s initial users.

The Nexia Value

Through this tailored and evidence-based approach, the client gained a clear understanding of the European STP ecosystem and how its lessons could be applied within Albania. They were equipped with a business model that reflected both international best practice and local realities, and a credible investment plan that gave confidence to investors and stakeholders alike. By combining strategic insight with practical implementation support, we enabled the client to lay the groundwork for a Science and Technology Park that is positioned to play a pivotal role in Albania’s future growth and innovation.