La Trobe University have appointed CRI Australia to develop the Park in line with the following objectives:
- To contribute to State and National economic growth through supporting new technology-based businesses;
- To complement the University's existing initiatives in linking with businesses;
- To facilitate and encourage the transfer of technical and business 'know-how' into the community; and
- To influence the University research teaching programs through interaction with technology.
New Victorian AgriBiosciences Centre (VABC) at La Trobe University.