Division of Small Business

New Castle County Office of Economic Development

Specific Need: Site Selection Access to Capital | Service Area(s): New Castle Wilmington | Industry: Banking Financial Services Industrial Green Energy Bioscience Manufacturing Chemistry High-Tech Main Street | Business Stage: Expanding Established Start-up

Listen

About this Organization

New Castle County (pop. 560,000) is Delaware's northern-most and most populous county. Wilmington is known for companies, including Chemours, AstraZeneca and DowDuPont. But the county also has more than 15,000 small businesses â€“ many in exciting fields, from biotech to fintech. Startups have numerous location options to choose from, like private and public incubators along with the UD Star Campus and Delaware Innovation Space.

Programs

Bond Financing

Financing for projects within the county relating to energy, infrastructure, community development, or other economic development purposes.

Partial Property Tax Exemption

A partial exemption on county property taxes for businesses that invest in new construction or manufacturing facilities in the county

Qualified Energy Conservation Bond (QECB)

Provides businesses in the county with low-interest financing for clean energy and energy efficiency projects and improvements

Redevelopment Incentives

The county offers accelerated permitting for redevelopment of environmentally distressed sites as well as other vacant properties in the county

Route 9 and 13 Corridor Economic Development Plan

A plan capitalizing on area infrastructure and resources benefitting small and medium sized businesses along the corridor

Contact this Organization

Primary Contact

Tamarra Morris

Website

https://nccde.ecdev.org/

Address

87 Reads Way
New Castle, DE
19720

Phone

302-395-5959

Social Media

Facebook | Twitter

Dover Office:
99 Kings Highway,
Dover, DE 19901
(302) 739-4271

Wilmington Office:
820 N. French Street,
Wilmington, DE 19801
(302) 577-8477

business@delaware.gov

The Delaware Division of Small Business, part of the Delaware Department of State, is a service-focused agency committed to supporting businesses starting and growing in Delaware. Small businesses can reach out to the Division for assistance in connecting to the resources and advice to succeed. The Division is a champion for Delaware small businesses and is here to help take companies to the next level.