The Delaware County Keystone Innovation Zone is coordinated by University Technology Park. 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 genesis of this partnership is the creation of a knowledge-based economy in the region.

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.

The strength of locating or expanding a company within a KIZ is brought together 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 Delco 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.