The company operating under the name Krakowski Park Technologiczny (Kraków Technology Park) was established in 1997 as the result of the efforts of representatives of city authorities, Małopolska regional authorities, and Kraków’s three largest universities: Kraków University of Technology (PK), AGH-UST University of Science and Technology, and the Jagiellonian University.

Today, the company manages a special economic zone covering 628 ha. Moreover, it enjoys the status of a technology park.