University of Delaware’s Science, Technology and Advanced Research Campus (2020), Newark, DE

COMMUNITY IMPACT

A New Markets Tax Credit investment from Cinnaire will support the development of a new, 100,000-square-foot building dedicated to financial technologies at the University of Delaware’s Science, Technology and Advanced Research Campus (STAR) in Newark. The FinTech building will serve as a hub for financial and academic services with a mix of private and university tenants. The project will host a new Financial Services Incubator, the Delaware Small Business Development Center, labs and centers associated with the University of Delaware’s Alfred Lerner College of Business and Economics and the College of Engineering. The incubator will provide space, resources and tech assistance to early stage financial and business software entrepreneurs and start-up companies.

Voices from the Community

Delaware Technology Park is excited to launch the FinTech building on STAR Campus in conjunction with the University of Delaware and funded by Discover Bank and Cinnaire. It will contain faculty, students, and entrepreneurs with outstanding data science knowledge and digital management competencies as well as support resources for business development and community education.

Mike Bowman, President and CEO, Delaware Technology Park

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The New Markets Tax Credit Coalition
1155 15th Street NW, Suite 400
Washington, DC 20005
202-393-5225

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