The Educational Association of Athens “Hfaistos” is a non-profit body founded in 1935 to provide technical vocational education and training. In the 1960s and 1970s, graduates of various technical guidelines from Hfaistos worked in many productive sectors and contributed with their knowledge and technical training to reconstruction, rapid economic upturn and industrialization. Hfaistos has a privately-owned school complex of 4,500 sq. m. in the area of Agios Eleftherios in Patissia, in which he aspires to establish a center of innovation, education and support of innovative youth and social entrepreneurship. It will offer all the necessary infrastructure and services that a new business needs in its first steps, such as training, multimedia, meetings and events, to be exploited by businesses that do not yet have their own facilities. Its aim is to create an incubator of innovative knowledge-intensive and creative economies to boost employability and entrepreneurship, that focus on outward-looking, innovative businesses in the heart of Athens.