The Delaware Technology Park (DTP) is a recognized leading East Coast non-profit research park, providing development-stage life science, information technology, advanced materials, and renewable energy companies with access to the resources and connections needed to drive and accelerate their economic success.
DTP welcomed its first company in 1992. Since its inception, DTP has housed more than 75 companies, including 25 companies that have matured and graduated from the Park. There has been $300 million invested in the Park and an additional $300 million given to DTP organizations through research grants. DTP has helped create more than 16,000 new jobs in the community.
The tremendous success of DTP is possible because of its strategic alignment with the State, the University of Delaware, and the private sector, and it is successfully using this partnership model that has won DTP national recognition. In 2005, the Association of University Research Parks (AURP) recognized DTP as the Outstanding Research/Science Park of the Year. Additionally, the U.S. Council on Competitiveness recognized DTP as a model research park for its regional economic development initiatives across the U.S. and Mexico.
OVERVIEW
The Delaware Technology Park (DTP) is currently home to 54 tenants, ranging from multinational corporations to university spin-outs and support organizations. The DTP facility houses five buildings, three multi-tenant buildings, the Delaware Biotechnology Institute and the Fraunhofer USA Center for Molecular Biotechnology. DTP has a laboratory extension called DTP@STAR on UD’s STAR Campus. DTP offers cutting-edge physical infrastructure, including wet labs, office space, conference facilities and a park-wide fiber optic network, to meet the varying needs of its companies and organizations.
DTP management selects the best and the brightest to set up operations in the Park. Admittance is based on technology and business focus, financial status and leadership capability. The companies must express a desire to be near University of Delaware resources and contribute and benefit from a shared cluster environment.
The mission of the Delaware Technology Park is to stimulate economic growth and create high-value jobs in the Mid-Atlantic region by providing affordable state-of-the-art facilities, access to necessary resources and connections to the region’s industry, government and academic leaders.
DTP History
NIST National Manufacturing Institute Award
April 23, 2017
In 2017, UD was awarded a NIST National Manufacturing Institute Award that with match, totals $250M – the largest in the history of UD. The purpose is to enhance the technology and evolving economy of the biopharma processing industry.
Ribbon cutting celebration @ STAR
October 14, 2016
Ribbon cutting celebration to publicly announce the opening of the wet lab facilities on the University of Delaware’s Science, Technology, and Advanced Research (STAR)
Spin In® Launch
April 23, 2013
In 2013, OEIP launched an exciting new kind of partnership called Spin In®. The program connects the external entrepreneurial community with teams of interdisciplinary undergraduate students. The goal is to offer experiential learning to students and to develop solutions to real-world business challenges. As of 2017, 130 students have participated in Spin In® conducting 23 projects and produced 5 new products and 3 new companies. Nine job offers were made by the entrepreneurs.
Recognized as the Outstanding Research/Science Park of the Year
April 18, 2005
In 2005, the Association of University Research Parks (AURP) recognized DTP as the Outstanding Research/Science Park of the Year. Additionally, the U.S. Council on Competitiveness recognized DTP as a model research park for its regional economic development initiatives across the U.S. and Mexico.
EPSCoR Funding
April 23, 2003
The cumulative EPSCoR funding since 2003 is $138M, $61M direct to support capacity building and an additional $79M for faculty research education and other awards. Through the stimulus of EPSCoR, another $800M in private investment and federal and state grants created over 100 companies, 16,000 new jobs, and 350,000 sft of laboratory space.
Delaware Biotechnology Institute Established
April 23, 1999
In 1999, the decision was made by the State and UD to establish the Delaware Biotechnology Institute. The opening of DBI unleashed substantial economic development in the State to participate in this emerging market including the build out of DTP. In just two years 1999-2001, DTP went from one building to five.
DTP Welcomes First Company
April 18, 1992
DTP welcomed its first company in 1992. Since its inception, DTP has housed more than 75 companies, including 25 companies that have matured and graduated from the Park. There has been $300 million invested in the Park and an additional $300 million given to DTP organizations through research grants. DTP has helped create more than 16,000 new jobs in the community.
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