[3 May/NZ Herald]

Survey results from the Waikato Innovation Park reinforced the region’s title as New Zealand’s fastest growing tech region with 28 percent growth in the revenue of park tenants. Tenant numbers lifted to 60 from 44 in the previous year. Full-time equivalents working outside the park for its tenants had doubled on the previous year to 2,664. Hamilton recorded $109m revenue growth among its top technology companies last year. Chief Executive, Stuart Gordon, said the survey results reflected the regions robust economic growth and reinforced the strength of its start-up and technology sectors. The export focus of the tenants had changed from China in 2016 to North America and Europe. Mr Gordon added that the park was a desirable address for start-ups and its attractive facilities and layout was a strong lure. The survey showed more than 25 percent of companies collaborated in ventures with other tenants.