The Innovation Space joins Delaware Business Roundtable

Posted 4/25/23

WILMINGTON — The Innovation Space, one of Delaware’s leading economic engines based on science entrepreneurship, has joined the Delaware Business Roundtable. 

The …

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The Innovation Space joins Delaware Business Roundtable

Posted

WILMINGTON — The Innovation Space, one of Delaware’s leading economic engines based on science entrepreneurship, has joined the Delaware Business Roundtable

The partnership will focus on attracting and supporting science startups in Delaware as they build and scale their businesses. 

Bill Provine, founder and CEO, will represent Innovation Space among the roundtable’s volunteer consortium of CEOs who help to guide economic growth in the First State.

“Delaware is my home as well as the home of The Innovation Space. The community here has allowed our ecosystem to thrive and support some very important discoveries happening in the sciences right now; ones that enable innovations that help to cure cancer and others to confront climate change,” Mr. Provine said. “I am honored to join this group of leaders at the Roundtable and work collectively with them to intensify Delaware’s position as the best place to do business.”

Mr. Provine has spent nearly a decade cultivating and growing the Innovation Space ecosystem, which was formed via a public-private partnership between DuPont, the University of Delaware and the State of Delaware.

It includes a range of mentors, founders, and funders, who together support science entrepreneurs in their journeys from ideation to market.

Since its 2017 inception, The Innovation Space has supported and enabled more than 100 startups in their growth and development, which in turn, these companies have raised more than $800 million in funding and employ hundreds of people, most of those in Delaware.

Delaware Business Roundtable members head up cross-sector companies that employ more than 75,000 people across the state.

As a non-partisan consortium, the roundtable leads on and promotes broad public policy issues that impact economic growth, advocate for quality public education and resources for entrepreneurs, and offer key business community perspectives to lawmakers and regulators when called upon.

“The Innovation Space is a major contributor to the current and future growth of Delaware’s science entrepreneurship sector and business community,” said Delaware Business Roundtable CEO Bob Perkins. “We are proud to have them as Roundtable members.”

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