Economic development is a major priority of Governor Carney’s proposed fiscal year 2021 budget, which allocates $82 million for economic development. “We presented a responsible budget plan today that makes investments to improve our economy, strengthen our public schools and protect Delaware’s unique quality of life,” Carney said when he presented his spending plan to […]

The Division of Small Business brought its Make Me a Match supplier networking event to Kent County for the first time on Jan. 8. The morning workshop at the Kent County Levy Court building gave central Delaware small business owners the chance to hear from and have one-on-one conversations with representatives from some of the […]

U.S. News & World Report ranks Delaware a top 10 state for business. Delaware came in #8 in the rankings, which were released in December. In compiling its rankings, the magazine looked at the rate at which new businesses are formed in the state (3.5 percent), the tax rate on personal income (6.6 percent) and […]

A new report from online small business lending platform Lendio shows how Delaware small businesses seeking loans stack up against the rest of the U.S. Delaware borrowers were in business a shorter length of time (6.6 years compared with 7.8 years nationally) but had substantially higher average annual income ($2.2 million compared with about $807,000), […]

Want to get some assistance with your business? Business students from the University of Delaware are available to help with marketing, industry analysis or in developing a social media or online campaign through the Small Business Management Program. The program is free to participating businesses, other than expenses such as purchasing an email list or […]

The following press release was issued by Zip Code Wilmington: Delaware small business owners will have greater access to graduates from Zip Code Wilmington’s computer coding training program thanks to a new partnership between Zip Code Wilmington and the Delaware Division of Small Business. Zip Code Wilmington is now designated as a certified trainer by […]

Delaware business leaders are looking to make the process for permitting new construction projects more efficient. A new report commissioned by the Ready in 6 Coalition makes a number of recommendations, including giving priority to major development projects and improving communication among state agencies. Permitting for some projects can take as long as two years […]

Small business owners stand to benefit from a new pilot program in which Delaware will be one of only five states to work with the National Governors Association and The Pew Charitable Trusts on developing innovative strategies to improve the state’s business regulatory environment to promote economic growth. Delaware’s effort in the two-year program will […]

The University of Delaware plans to open a $38 million center for financial technology in 2021, the university announced last week. The six-story, 100,000 square foot building on UD’s STAR Campus in Newark will bring together researchers in the university’s business and engineering schools, as well as offer space for fintech startups. “We’re working hard […]

Delaware businesses in industries including bioscience, fintech and advanced engineering may benefit from an agreement the Delaware Prosperity Partnership signed recently with an economic development group in England’s North East region. Under the agreement, DPP and the North East Local Enterprise Partnership will each promote the other’s region to companies looking for foreign growth opportunities. […]