First 2 Firms Gain Membership in Tech Village

ERMA – The first two firms that will share the business incubator space at the Cape May County Airport are Cellular Tracking Technologies and D-Tech.
Freeholders passed a resolution April 9 granting both memberships to use the yet-to-be-built facility.
As stated in the resolution, the county is working to “encourage economic development in all aspects of county life…encouraging the evolution of emerging businesses, industries, and technologies in order to provide sustainable, year-round and well-compensated job opportunities to the citizens of Cape May County.”
According to its website, Cellular Tracking Technologies supplies “radio tracking wildlife telemetry tools for scientific wildlife research and management.” Its gear is used in many ways to follow the movement of winged and crawling animals.
D-Tech International Ltd. was founded in 2002, according to its website.
The firm “is a privately owned company and is one of the leading suppliers of high-performance technology products and services for public spaces in the UK and now in the U.S. and Canada.”
Both firms have Rio Grande offices listed on their websites.
Freeholder Will Morey, who has overseen the county’s recent economic development, told the board that the Delaware River and Bay Authority was “getting its feet under itself” at the airport, and is “pretty fired up about the state of the Tech Village.”
He said that groundbreaking for the Tech Village is expected either late in April or the first week in May.
Morey noted, that “The building is 50 percent leased, so it’s in a good position as it starts construction.”
Once again he underscored that the “Focus (of the Tech Village) is an innovation hub at the airport.”
“They are eager to take up residence at the airport,” Morey told the board.
The resolution regarding both firms noted that the county has “invested considerable time, energy and resources in developing business contacts in the emerging technology fields, hosting forums and collaborating with innovators and entrepreneurs involved in these evolving technologies, including those relating to unmanned aircraft systems.”
The county owns the airport, which is operated by the DRBA. Among its other uses is a “multi-use commercial and industrial park.”
It is the county’s intention to lease a portion of the DRRBA’s multi-tenant building to support existing county programs and to establish a technology business incubator in order to encourage the location of technology-related businesses within the county.
In a separate resolution, the board approved a “covenant of purpose” with the U.S. Economic Development Agency for $6.5 million to be used “for the purpose of financing the acquisition of and/or improvements to the real property consisting of the construction of a 20,000-square-foot multi-tenant building specifically designed for the needs of companies in the unmanned aerial systems industry, on a 15-acre parcel located within the Cape May County Airport.”