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Welcome to the Delaware County Keystone Innovation Zone homepage. Within our website, you will find information on the industries on which we focus to foster economic development within Delaware County, as well as resources available to potential companies within our zone.
In 1999, Crozer-Keystone Health System and Widener University began a public/private partnership for economic development in the City of Chester by creating University Technology Park. The goal of this partnership is the creation of a knowledge-based economy in the region. It is in the spirit of such partnerships that University Technology Park serves to coordinate activities within the Delaware County Keystone Innovation Zone.
Take a minute to read the Coordinator's Message
A Keystone Innovation Zone (KIZ) is a state designated zone that has been established in communities which host institutions of higher education - colleges, universities, junior colleges and technical schools. These zones are designed to foster innovation and create entrepreneurial opportunities.
We are pleased to announce that the Delaware County Keystone Innovation Zone has recently expanded its eligible locations. Unless already established in our KIZ, companies that join will do so with an effective date of February 28, 2007, which could under the right conditions and if otherwise qualified, accelerate how quickly companies can apply for and receive tax credits. Contact the KIZ Coordinator for additional details.
KIZ companies must be located in select office parks or surrounding areas (listed in summary below) in order to receive benefits of the KIZ program. Please also refer to the table and maps available on our new link called "Approved Locations" that detail the boundaries of each "node" and provides a method by which interested parties can determine if space is available in certain locations.
Delaware County KIZ Nodes
- Radnor Township Node -- Villanova University; Radnor Building, Radnor Court, Radnor Financial Building (Old Wyeth Building)
- Bethel Township/Upper Chichester Township Node -- Garnet Plaza (to include the open space to the southwest of the Plaza - this allows for future development), Naaman's Creek Business Park, Chelsea Business Park
- Lower Chichester Township/Trainer Borough Node -- Chichester Business Park, Tri State Business Park (to include the area in between the two parks)
- Chester Township Node -- Bridgewater Business Park, Chester Creek Business Center, I-95 Industrial Park
- City of Chester Node -- Riverbridge Industrial Park, Wharf at Rivertown, Crozer Chester Medical Center, University Technology Park (building 2), Widener University
- Eddystone Borough Node -- Eddystone Industrial Center, Baldwin Corporate Center
- Ridley Township Node -- Holmes Corporate Center
- Tinicum Township Node -- Airport Business Complex, Airport Business Center, International Plaza
Should companies have interest in locating in one of our nodes, please contact the KIZ Coordinator for assistance in working with property managers and developers.
The strength of locating or expanding a company within a KIZ is realized by combining the resources of educational institutions, private businesses, business support organizations, commercial lending institutions, venture capital networks (including angel investors) and foundations.
Whether you're a student or professor with a great idea, an early-stage company, or a business in need of a new idea, Delaware County is the place to work. A menu of resources including incubator, multi-tenant facility, research & development, workforce education, design center projects, and special priority financing are available to eligible companies starting up or locating in the Delaware County KIZ (Delco KIZ).
Finally, companies in the Delaware County KIZ may be eligible for up to $100,000 in PA Tax Credits and receive priority review for many state financing, training grant, and early-stage investment programs.