Delaware Business Blog

Newark Tech Company Nabs Delaware Strategic Fund Grant

Delaware has been working hard to attract and retain entrepreneurs and technology based companies to the State. They are even willing to pay to do it.

PAIR Technologies was recently awarded a $50,000 Delaware Strategic Fund grant through the Delaware Economic Development Office to help the company continue its research and development of the patented Planar array IR (PA-IR) technology which is licensed through the University of Delaware.

“PAIR Technologies is positioned as an innovation leader,” said Barbara DeHaven, market leader of the Chemistry and Advanced Materials Cluster at DEDO. Our investment supports the State’s mission to grow and encourage entrepreneurial businesses including the licensing of technology from state universities.”

You can read the DEDO press release here. (PDF)

Leave a Reply

Your email address will not be published. Required fields are marked *