Category: Innovation Delaware

New $38M FinTech center to be built at UD STAR Campus

NEWARK – The University of Delaware announced Thursday, Nov. 21, that it will partner with Discover Bank and Delaware Technology Park to build a new center for financial services technology, or so-called fintech, at its STAR Campus. The six-story, 100,000-square-foot building on UD’s Science Technology and Advanced Research Campus located off Route 896 on the…

These inmates Beat Robbie Jester … and they hope to beat the odds

Let’s get this out of the way first. The James T. Vaughn Correctional Center in Smyrna is a scary place. I was there for 90 minutes very recently, escorted by some very nice, very professional people and a warden who is passionate about preparing inmates for re-entry, but it is unimaginable what it must be…

Second Chances Farm dedicated with ladybugs and an effort to put faces on Ajit George’s vision

WILMINGTON – Second Chances Farm (SCF) called the event the Ladybug Launch Dedication, as 10,000 ladybugs shared the new 47,500-square-foot facility with around 300 attendees and 13 speakers on the agenda. SCF Founder Ajit Mathew George sees a future where state or federal inmates from Delaware will have farming jobs — and futures as entrepreneurs…

NCCo agrees to take stock for $3M DBOT loan

WILMINGTON – New Castle County is preparing this month to swap its collateral in a $3 million loan made to the Delaware Board of Trade for stock in Ideanomics, a company that acquired the startup “penny-stock” market earlier this year. The New Castle County Council voted 11-1 on Tuesday, Nov. 12, to support the plan…

Innovators have vision that extends beyond their own business

All that transpires at ILC Dover stems from innovation – the true heart of what we do. We’ve designed and engineered products that solve our customers’ complex problems since 1947. But successful innovation requires more than a great idea, flawless design and precise engineering. It also involves a culture of innovative leadership. According to business…

Delaware assembles high-tech economy, one startup at a time

Delaware’s aspirations for its high-tech economy are crystallized in people like Yushan Yan. He’s an entrepreneur and University of Delaware professor who is trying to solve a problem with hydrogen fuel cells. Yan and his seven-member team aren’t tweaking the effectiveness of the cells. They’re tackling something far more important: their price. The current generation of…

State’s biotech sector needs more lab space, talent and money

Delaware has a lot to celebrate when it comes to the burgeoning biotechnology sector. In the pages ahead, you’ll read about an expansion at the Delaware Innovation Space that will accommodate more small, innovative firms, and a partnership between a local startup and a larger company that has the potential to realign the global market…

What does sustainable tech have to do with making money?

Technology may allow us to play Candy Crush while waiting in line or take slick Instagram photos of our breakfast, but it has greater possibilities than day-to-day convenience — one of them being the ability to save the environment. For business owners, this can be easy to forget. But if you think sustainability is all…

Viewpoint: Research from the Arctic Circle may save lives in Delaware

People are often surprised when I tell them that my company, Genome Profiling LLC (GenPro), which works with researchers and clinicians at Christiana Hospital and at A.I. du Pont Hospital for Children to diagnose breast cancer and cerebral palsy before they become symptomatic (thereby dramatically improving the treatment outcome), got its start after 20-plus years…

Delaware’s IT sector is growing continuously as new companies emerge, supported by a commitment to training young people in the field.  Initiatives like Zip Code Wilmington, OpenBracket and training programs at Delaware Technical Community College are producing talent ready to enter an industry loaded with jobs and opportunities. Meanwhile, incubators such as 1313 Innovation and…