Real estate development projects in Wilmington, Dover and Milford will share in a new round of funding announced Wednesday by Gov. John Carney and the Delaware State Housing Authority. The state’s Downtown Development District program will distribute a total of $4.6 million in rebates to eight projects in the three cities. The DDD program provides a rebate to developers […]

Science-based startups have until March 31 to enter the competition to win a one-year DuPont FastPass at the Delaware Innovation Space in Wilmington. The winning company will receive a prize packages valued at $50,000 including one year of free access to the Delaware Innovation Space’s chemistry material science incubator or biotech incubator including lab space […]

First State Community Loan Fund is seeking applications for funding from  its Corridor Revitalization Fund. The program provides loans of up to $25,000 for eligible business projects along Market Street in Wilmington and in the surrounding area. The funding is in the form of a forgivable loan of up to five years. No payments are due […]

An analysis by the New Jersey Business and Industry Association, a business advocacy group, found Delaware had the most competitive business climate in a seven-state region stretching from Maryland to Massachusetts. NJBIA looked at six factors important to business owners: minimum wage the top state income tax rate the top corporate income tax rate the state […]

The New Castle County Office of Economic Development is now accepting applications for its new First Founders Accelerator program. The course is a collaboration between the county and local entrepreneur Garry Johnson III. The 12-week course is a boot camp for New Castle County residents from underrepresented communities who want to learn how to build […]

Rehoboth Beach coffee lovers now have a new place to fuel up. Mudslingers opened a drive-thru coffee shop at 18969 Coastal Highway in the parking lot next to Rosenfeld’s Jewish Delicatessen. According to an article in Delmarva Now, the shop is just 100 square feet. The coffee shop, which, according to its website is owned […]

Delaware’s new Angel Investor tax credit helped propel Delaware into the No. 7 spot in a new ranking of states based on the strength of their science and technology sectors. It is the highest ranking ever for the state in California-based Milken Institute’s bi-annual State Technology and Science Index, which was first published in 2002. Delaware […]

It’s been a strong holiday season for store owners with the National Retail Federation forecasting a sales increase of between 4.3 percent and 4.8 percent compared with the 2017 season. Christmas may be over, but this is no time for retailers to take a breather. Two of the 10 busiest shopping days of the season […]

A new business park planned for Smyrna could bring 4,000 jobs to the area, the project’s developer told the News Journal. Chestertown, Md.-based KRM Development Corp. plans to begin construction of the first buildings at Duck Creek Business Campus early next year, KRM vice president Bryan Matthews told the newspaper. The 206-acre complex will be […]

A conference Wednesday at the University of Delaware explored in depth Delaware’s 25 Opportunity Zones, including where they are located, how they work and how they can benefit both investors and communities. These zones are located in each of Delaware’s three counties. They are low-income census tracts where, in order to encourage development, investor receive […]