# ELPEN Athens LifeTech Park development

> Live situation record from CLSTR: https://clstr.news/situations/elpen-athens-lifetech-park-development
> Updated: 2026-09-27T05:00:00.000Z. Sources: 13. Developments: 2.

ELPEN has launched the Athens LifeTech Park (ALTP) in Spata, Attica, representing an €80 million investment. The facility is the first integrated biotechnology park in Southeast Europe and is designed to support the life sciences ecosystem through three primary pillars: a biotech incubator for startups, preclinical and clinical Contract Research Organization (CRO) services, and an education and conference center.

The project aims to bridge the gap between scientific research and entrepreneurship. During the inauguration, Greek Prime Minister Kyriakos Mitsotakis described the park as a “bridge” intended to combat brain drain by providing high-value opportunities for researchers. This initiative is part of ELPEN’s broader investment program, which is projected to reach €380 million by 2030.

## Timeline

### 2026-09-27: ELPEN invests 80 million euros in biotechnology at Spata

ELPEN is investing 80 million euros in Spata to create the Athens LifeTech Park, focusing on biotechnology, clinical research, and life sciences as part of a larger 380 million euro investment plan.

2 sources. https://clstr.news/cluster/elpen-invests-80-million-euros-in-biotechnology-at-spata

### 2026-09-10: ELPEN inaugurates Athens LifeTech Park in Spata

ELPEN has launched the Athens LifeTech Park in Spata, an €80 million biotechnology hub and the first of its kind in Southeast Europe, aimed at fostering innovation and supporting life sciences startups.

12 sources. https://clstr.news/cluster/kyriakos-mitsotakis-visits-athens-lifetech-park-to-promote-biotech

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Cite as: ELPEN Athens LifeTech Park development. CLSTR, https://clstr.news/situations/elpen-athens-lifetech-park-development