IACTEC is conceived as a space for public-private collaboration that promotes the development of high technology and the creation of a local business network. For this reason, the IACTEC building will accommodate both:

•     The personnel attached to the Institute of Astrophysics of the Canary Islands, which develops the lines of work of the IACTEC Project (the building's namesake) in collaboration with national and international entities.
•     Non-profit entities collaborating with the IAC or members of consortiums that develop projects in which the IAC participates.