Realizing the needs of the biotechnology sector in Flanders, Flanders Interuniversity Institute for Biotechnology (VIB) is coming up with a new bio-incubator in the technology park in Zwijnaarde. The new bio-incubator would enable to start up new Flemish companies attract a number of companies to Flanders. There is space for around hundred new jobs in knowledge economy. With two bio-incubators, VIB would be offering R&D-intensive companies in the life sciences with a chance for starting up quickly in an up to date infrastructure. Since the permits have already been procured the companies would get a very good start. The first bio incubator came up in 2000. The occupancy rate for both the incubators is quite good which reflects a positive trend for the sector.