A New Markets Tax Credit investment from Cinnaire supports the development of a new, 100,000 sq. ft. building dedicated to financial technologies at the University of Delaware’s Science, Technology and Advanced Research Campus (STAR) in Newark.
The FinTech building serves as a hub for financial and academic services with a mix of private and university tenants. The project hosts 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 provides space, resources and tech assistance to early stage financial and business software entrepreneurs and start-up companies.