{"id":5028,"date":"2025-07-09T10:11:00","date_gmt":"2025-07-09T14:11:00","guid":{"rendered":"https:\/\/www.localresultsnow.com\/research\/?p=5028"},"modified":"2026-03-23T10:18:37","modified_gmt":"2026-03-23T14:18:37","slug":"elementor-5028","status":"publish","type":"post","link":"https:\/\/www.localresultsnow.com\/research\/elementor-5028\/","title":{"rendered":"Delaware Technology Park: Building a Nexus of Innovation in Fintech, Life Sciences"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-post\" data-elementor-id=\"5028\" class=\"elementor elementor-5028\">\n\t\t\t\t<div class=\"elementor-element elementor-element-1f1dd7c4 e-flex e-con-boxed e-con e-parent\" data-id=\"1f1dd7c4\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-2f5ae2c3 elementor-widget elementor-widget-image\" data-id=\"2f5ae2c3\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img decoding=\"async\" src=\"https:\/\/assets.delawarebusinesstimes.com\/wp-content\/uploads\/2025\/07\/DTP.jpg\" title=\"Delaware Technology Park: Building a Nexus of Innovation in Fintech, Life Sciences\" alt=\"DTP\" loading=\"lazy\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-4e402217 elementor-widget elementor-widget-heading\" data-id=\"4e402217\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Delaware Technology Park: Building a Nexus of Innovation in Fintech, Life Sciences <\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-32ad25d9 elementor-widget-divider--view-line elementor-widget elementor-widget-divider\" data-id=\"32ad25d9\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"divider.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-divider\">\n\t\t\t<span class=\"elementor-divider-separator\">\n\t\t\t\t\t\t<\/span>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-5da768d6 elementor-widget elementor-widget-heading\" data-id=\"5da768d6\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">As is so often the case in Delaware, the inception of the Delaware Technology Park (DTP) came down to collaboration. \u201cDTP was a trifecta between the university, the state and the private sector, created 25-plus years ago,\u201d says Mike Bowman, DTP\u2019s president and CEO. \n<BR><BR>\nIn 2016, DTP\u2019s footprint expanded with DTP@STAR, an incubator on the University of Delaware\u2019s (UD) 272-acre Science, Technology and Advanced Research (STAR) Campus. DTP is widely renowned as one of the leading nonprofit research parks on the East Coast and its footprint is soon set to expand again with a new building that will be known as 6 Innovation Way.   \n<BR><BR>\nThat building \u2014 DTP\u2019s sixth \u2014 on the eastern edge of the UD campus will comprise three stories and 90,000 square feet. It aims to become a hub for life science and research companies, as well as potentially providing wet-lab space for commercial spinouts from the university. \n\nDTP serves development-stage life science, information technology, advanced materials, financial technology (fintech) and renewable energy companies, providing them with access to the resources and connections needed to drive and accelerate their economic success. \n<BR><BR>\n\u201cSince 2016, the DTP@STAR Incubator has seen 25 companies start there and then grow back out larger to the community,\u201d Bowman says.<\/h3>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-83552ef elementor-widget elementor-widget-image\" data-id=\"83552ef\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img decoding=\"async\" src=\"https:\/\/assets.delawarebusinesstimes.com\/wp-content\/uploads\/2025\/07\/UD-1024x738.jpg\" title=\"Delaware Technology Park: Building a Nexus of Innovation in Fintech, Life Sciences\" alt=\"UD 1024x738\" loading=\"lazy\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-684e173 elementor-widget elementor-widget-heading\" data-id=\"684e173\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">FinTech Innovation Hub \n<BR><BR>\nDTP is the developer, owner and operator of the six-story FinTech Innovation Hub on the STAR Campus, in partnership with University of Delaware and Discover Bank. The building opened in 2023 and is 95% occupied. \n<BR><BR>\nThe Hub\u2019s work includes research, education, workforce development, venture creation and support, as well as innovation in the technological advances that support financial products and services. UD occupies 50% of the building with the Colleges of Engineering and Business and the remainder is leased by nonprofits, entrepreneurs of small businesses, the Growth Stage Incubator, a restaurant and conference facilities. The FinTech Innovation Hub\u2019s mission is to help low- to moderate-income populations achieve financial well-being and grow the financial services sector in Delaware.  <BR><BR>\n\nIt also draws on UD\u2019s FinTech Consortium of experts in data science, artificial intelligence and machine learning \u2014 along with its Center for Cybersecurity, Assurance &amp; Privacy and AI Institute \u2014 to create innovative and safe financial programs. Nektarios Tsoutsos, an expert in cybersecurity in the College of Engineering, and Gang Wang, an expert in the adoption of digital technologies and their societal impact in the Alfred Lerner College of Business and Economics, direct UD\u2019s fintech ecosystem.  <\/h3>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-59c21ddc elementor-widget elementor-widget-button\" data-id=\"59c21ddc\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"button.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<div class=\"elementor-button-wrapper\">\n\t\t\t\t\t<a class=\"elementor-button elementor-button-link elementor-size-sm\" href=\"#\">\n\t\t\t\t\t\t<span class=\"elementor-button-content-wrapper\">\n\t\t\t\t\t\t\t\t\t<span class=\"elementor-button-text\">Read full article<\/span>\n\t\t\t\t\t<\/span>\n\t\t\t\t\t<\/a>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>Delaware Technology Park: Building a Nexus of Innovation in Fintech, Life Sciences 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