Delaware Gambles on Alliance

One of the world's largest research firms, Fraunhofer Gesellschaft chose Delaware for its first U.S.-based laboratory.

With funding and other support from the beginning, the Delaware Economic Development Organization and the University of Delaware have backed Fraunhofer's efforts to develop a new method for creating vaccines.

Those bonds became deeper Thursday with the ratifying of a new partnership between the state, UD and Fraunhofer.

The new agreement will result in a $32 million investment over the next six years to share between the state of Delaware, UD and Fraunhofer. The state will provide $6 million over the next six years through the Bond Bill and DEDO director Alan Levin plans to recommend another $3 million in Strategic Fund money for Fraunhofer at the September meeting of the Council on Development Finance. Previous Bond Bills already have routed $5 million to Fraunhofer in the past five years.

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