A new fintech building is coming to University of Delaware's STAR campus - Technical.ly Delaware

Business

Nov. 22, 2019 7:30 am

A new fintech building is coming to University of Delaware’s STAR campus

The $38 million project is slated to open in 2021.
The STAR Campus.

The STAR Campus.

(Photo by Holly Quinn)

University of Delaware’s Science Technology and Advanced Research (STAR) Campus continues to grow: The university has announced that it is partnering with Delaware Technology Park (DTP) and Discover Bank to construct of a new building that will be devoted to fintech.

The $38 million project will be a six-story, 100,000-square-foot structure with a planned opening in 2021.

According to the UD, the building will house:

  • Spaces for startups, managed by Delaware Technology Park — and tenants will have onsite access to business development resources and technical assistance
  • Labs and centers associated with UD’s College of Engineering and Alfred Lerner College of Business and Economics, which will be used for topics such as such as financial analytics, cybersecurity, human-machine learning and data analysis
  • UD’s Office of Economic Innovation and Partnerships (OEIP), which will relocate its offices from the Delaware Technology Park
  • Delaware Small Business Development Center, which will offer assistance to OEIP’s Spin In program connecting UD undergraduate students with community entrepreneurs and early-stage startups

“Working with DTP and Discover to strengthen Delaware’s growing fintech sector, the University of Delaware is proud to participate in this public-private partnership, continuing development of knowledge and innovations that help drive our state’s economy,” said UD President Dennis Assanis in a press statement. “Our University is a national leader in finance, technology and entrepreneurship, so combining our expertise and resources in these complementary fields will yield exciting opportunities for our students and faculty with meaningful impact on society.”

-30-
CONTRIBUTE TO THE
JOURNALISM FUND

Already a contributor? Sign in here
Connect with companies from the Technical.ly community
New call-to-action

Advertisement

W7Energy’s zero-emissions research gets a $3.4M boost from the Department of Energy

Free tech training program ITWorks gets a $10K boost from M&T Bank

Newly launched Tech552 aims to be the workout instructor of coding

SPONSORED

Delaware

Packed with growth opportunities, WSFS Bank moves into Philly

Philadelphia, PA

Vistar Media

Software Engineer

Apply Now

Philadelphia, PA - Center City

Odessa

Sr. Business Analyst, ERP Implementations

Apply Now

Philadelphia, PA

URBN

IT Recruiter

Apply Now

Meet the newest Swim with the Sharks winners at Startup Grind Wilmington

Tech startups: Launch Lane accelerator is now accepting apps for its inaugural cohort

Newark-based 360VR Technology wins $50K at Maryland startup competition

SPONSORED

Delaware

These hiring companies want to meet you at NET/WORK Suburbs

Philadelphia, PA

URBN

URBN Project Manager

Apply Now

Horsham

Penn Mutual Life Insurance Co

Product Systems Specialist

Apply Now

Philadelphia, PA - Center City

Odessa

Sr. Project Manager – ERP Implementations

Apply Now

Sign-up for daily news updates from Technical.ly Delaware

Do NOT follow this link or you will be banned from the site!