DELAWARE INNOVATION FUND
1601 CONCORD PIKE STE 82-84, WILMINGTON, DE 19803 www.difonline.com

Total Revenue
$-11,312
Total Expenses
$65,407
Net Assets
$0

Organizations Filed Purposes: THE DELAWARE INNOVATION FUND IS A PRIVATE DELAWARE CORPORATE NONPROFIT, NONSTOCK ECONOMIC DEVELOPMENT FIRM ESTABLISHED TO ASSIST IN THE INITIAL CAPITALIZATION OF PRE-SEED AND EARLY STAGE BUSINESSES. THE GOAL OF THE DELAWARE INNOVATION FUND IS TO PROMOTE EARLY STAGE VENTURE INVESTMENTS AND JOB GROWTH WITHIN HIGH TECHNOLOGY AND PROPRIETARY COMPANIES THROUGHOUT DELAWARE AND THE SURROUNDING REGION. TO ACCOMPLISH THIS, THE FUND PROVIDES FINANCIAL AND TECHNICAL SUPPORT DURING THE CRITICAL EARLY STAGES OF COMPANY DEVELOPMENT.

DURING 2018, THE ORGANIZATION COMPLETED ONGOING ACTIVITIES INCLUDING ATTENDING VARIOUS ENTREPRENEURIAL EVENTS PROVIDING MENTORSHIP TO EARLY STAGE COMPANIES AND ADVISING THEM ON HOW TO PROPERLY RAISE CAPITAL, AND CEASED OPERATIONS. FINAL DISTRIBUTION OF ASSETS WAS MADE IN DECEMBER 2018.

Executives Listed on Filing

Total Salary includes financial earnings, benefits, and all related organization earnings listed on tax filing

NameTitleHours Per WeekTotal Salary
Scott K Jones PhdBOARDMEMBER1$0
Michael KelleyCHAIRMAN1$0
Patrick J Foley Jr PhdBOARDMEMBER1$0

Data for this page was sourced from XML published by IRS (public 990 form dataset) from: https://s3.amazonaws.com/irs-form-990/201910359349300756_public.xml