South Moravia excels in innovative business, research, and development. Brno, the capital city of Moravia, is a hub of potential with its twelve universities, many successful companies and infrastructure. The region is particularly strong in progressive research in biology and medicine, supported by advanced scientific research centers like CEITEC and the ICRC. Brno has gained recognition as the "Czech Silicon Valley," particularly in the field of IT. Additionally, the region benefits from a collaborative relationship between universities, scientific centers, entrepreneurs, and public institutions, leading to enhanced competitiveness. It is the third largest region in terms of the number of industrial premises for lease.