The opening of Heilala Vanilla's new processing plant at the Newnham Park Innovation hub in Te Puna drew a crowd of more than 100 on Friday - including a delegation of senior leaders from Tonga, where Heilala sources its vanilla beans.
The key themes that came through from a succession of speakers were of the need to continue to increase innovation and collaboration among Bay of Plenty technology businesses.
"We've got a very good perception of what's happening in Tauranga and around the world," said Norman Evans, who represented government tech-funding agency Callaghan Innovation.
"You guys are hitting the sweet spot. You're really starting to build an innovation system that I think's going to take your economy to a new level."
Bay of Plenty MP and Cabinet minister Tony Ryall said the types of businesses at Newnham Park never happened unless people were prepared to take a risk.