UD receives $500K federal grant for business development program | News

A $500,000 federal grant will help the University of Delaware expand a business development program.

Alejandra Castillo, assistant secretary of commerce for economic development, visited UD’s STAR Campus on Friday to announce the grant alongside Sen. Tom Carper.

UD is one of 25 colleges and universities across the country sharing $2.5 million in funding from the University Center Economic Development Program Competition.

“Colleges and universities have many resources and talent that are often unique to their region,” Castillo said. “Our 2021 EDA University Center grantees will play a key part in developing and executing on regional economic development visions. These grants could not come at a more important time, as we have an historic opportunity to invest in economic development and build back better in communities…

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