The Iowa State University Research Park is a 230-acre development with over 270,000 square feet of building space and is located south of the Iowa State University campus. But the ISU Research Park is more than just land and buildings. It's a technology community and an incubator of new and expanding businesses. It provides a material and human-resource rich environment for technology-based firms and research organizations. The Park also helps young Iowa-based companies develop their potential and nurtures scientific and technological entrepreneurial ventures. Only 15 years old, the Park's 42 tenant companies and university centers employ over 800 people.

The ISU Research Park Corporation was established in 1987 as a not-for-profit, independent, corporation operating under a Board of Directors appointed by Iowa State University and the ISU Foundation. The corporation manages both the Research Park and ISIS.