Our Programs - Initiatives

First State Innovation's mission is to increase Delaware's entrepreneurial capacity by growing, attracting, retaining and connecting high growth technology-based businesses and supporting infrastructure in the state. Therefore, we are developing programs concerned with Investment, Commercialization, Workforce Development and Education. Below is a list of First State Innovation's future initiatives dealing with these programs and much more. Please check this section periodically or sign up to receive updates as this section grows.

  • Create a Delaware-focused Angel Network
  • Develop a program to connect potential entrepreneurs with proper funding sources, including the FSI Angel Network
  • Research, prepare, and distribute reports profiling Delaware’s economy and comparing such to that of other regions, including statistics on wages, venture capital availability and expenditure, graduate retention, technological capacity
  • Establish curriculum for training and mentoring programs for entrepreneurs and other business entities
  • Facilitate private sector, academic, and governmental collaboration in the advancement of the efficient use of existing technology, the expansion of existing technological programs and capabilities
  • Establish technological incubation programs, working closely with the business community and other organizations, such as the Delaware Technology Park
  • Establish a comprehensive Entrepreneurial recognition program
  • Collaborate with the University of Delaware, DSU, Del Tech, and other area academic institutions in Delaware
  • Produce annual conferences on technology, technological and economic developments, and community-wide economic and technological planning issues
  • Facilitate cooperation and collaboration of the private sector, local government and academia to increase the amount of federal research dollars allocated to Delaware
  • Develop and support a statewide Business Plan Competition
  • Work closely with the Delaware Congressional Delegation to maximize Federal funding efforts
  • Develop effective integration with the K12 environment by leveraging the Vision 2015 initiative
  • Work with the private sector, local government, and other organizations (including Foundations) to increase the amount of, and accessibility to, venture capital for startup and/or struggling technology and technology-related businesses
  • FSI is closely aligned and participates in programs at the federal level working with the Council on Competitiveness. The Council, based in Washington D.C., is comprised of 130 Business Leaders, Labor Leaders, and University Presidents. Its primary focus is to make focus the U.S. more globally competitive.