Gov. John Carney on Monday announced that Clayton, Delaware City, Middletown and New Castle have been designated Downtown Development Districts which is intended to encourage redevelopment by making property owners in those areas eligible for a rebate of up to 20 percent on what they spend for improving their properties. Eight cities and towns in Delaware already […]

Delaware Innovation Space has named MCET Technologies and Veramorph winners of the DuPont FastPass competition. The two startup companies will receive a year of free laboratory and office space at the Delaware Innovation Space at the DuPont Experimental Station research facility outside Wilmington. The two companies will also be able to get advice from experts […]

Sussex County businesses ready to grow have a potential new source of capital. The county has launched a program to assist established, growing businesses located in Sussex County with $5,000 grants as well as customized data to help them grow. The program is targeted at so-called “second-stage companies,” which typically employ 10 to 99 workers and have […]

Looking to increase your business? Consider selling your goods or services to customers overseas. A new report from the Business Roundtable highlights the importance of international trade to Delaware, whose companies exported $8 billion in goods and services in 2017. That accounted for 11 percent of the state’s Gross Domestic Product, according to a new report from the […]

The Delaware Innovation Space, located in former DuPont Experimental Station, has created an Entrepreneurial Advisory Council. The council will help DIS enhance its offerings through keeping abreast of industry trends and the specific needs of the scientific small business community. “I am excited to partner with the EAC and their diverse wisdom and perspectives to […]

Delaware is number three in the nation for fastest Internet speed in the U.S., according to an analysis by HighSpeedInternet.com, a website that posts consumer reviews of Internet Service Providers. The average Internet speed in Delaware is 59.08 megabits per second (mbps), the analysis said. That’s after only New Jersey (59.58 mbps) and Maryland (65.02 mbps). Alaska […]

Downtown Dover is experiencing a retail boom, with four new stores opening and another moving to a larger location, the Delaware State News reports. Here are the most recent changes to the city’s downtown retail scene, according to the newspaper: Sweets & Treats bakery opened at 147 S. Governors Avenue. Tina’s Timeless Threads, which sells vintage […]

If you’re a Delaware produce farmer, you’ll want to take note of new rules issued recently by the Delaware Department of Agriculture. Delaware farms that grow produce are required to register with the Delaware Department of Agriculture under the new regulations, which also give DDA personnel the right to inspect, take samples from or review […]

Financial technology (fintech) is a huge part of Delaware’s economy and has the potential to grow even larger, a new report says. The financial services sector employs more than 37,000 people in Delaware at companies ranging from JPMorgan Chase to PayPal, Fair Square Financial and Marlette Funding. Fintech, which the U.S. Government Accounting Office defines as “the use […]

Prelude Therapeutics, a Wilmington-based, clinical-stage pharmaceutical company, raised $60 million in a recently closed Series B funding round, the company announced. The $60 million raised brings to $90 million the amount the company has raised to date, Prelude Therapeutics said in a press release. Prelude Therapeutics develops small molecule drugs that target the growth of cancer cells. The […]