SparkUp is facilitated by Turku Science Park Ltd and the activities produced by Turku Science Park, Boost TurkuCreve and Nuori Yrittäjyys.

Several organisations and programs finance all the operations: 


The decision on SparkUp was made 2014 when the City of Turku, Turku Science Park Ltd, the University of Turku, Åbo Akademi University, Turku University of Applied Sciences, Turku Region Development Centre, Business service centre Potkuri, and Turku Technology Properties Group agreed on concentrating new kind of business development activities based on innovation, communality and enthusiastic attitude into a tight startup community in the Turku Science Park area.

In November 2015 everything was concretised and the doors of SparkUp opened.