Prelude Therapeutics raises $60 million in new funding round
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 […]
Gov. Carney: Delaware committed to helping small businesses grow
In case you missed it, the News Journal recently ran an op-ed from Gov. John Carney discussing the benefits of the new EDGE Grant program for small businesses and how the program came to be. Here’s the text of the Governor’s op-ed: On a recent visit to AgroLab in Harrington, I watched robots test soil samples while […]
DSB workshop shares tips on using Google to increase business
As part of Small Business Week (May 5-11), the Division of Small Business held a workshop on how small business owners can use Google to grow their online presence and increase revenue. About thirty small business owners attended the event at Del Tech’s Terry Campus in Dover. Online marketing expert Kim Palmer, of Miles Partnership, […]
Is your small business in southern Delaware? Here’s a source for free business data.
Southern Delaware has a new tool in its economic development arsenal. ExciteSussex now gives small business owners free access to market data and demographic information useful in starting or growing a business. The Sussex County Office of Economic Development added SizeUp’s Local Business Intelligence database to the ExciteSussex website, to increase the odds of small […]
Support Wilmington small businesses during Made on Market
Downtown Wilmington small businesses will offer special promotions during Made on Market, which runs June 22-30. The specials include the $2 German Chocolate latte at LOMA Coffee, $7 Wilmington Destroyer burger at Chelsea Tavern and buy-one-get-one admission to the Delaware History Museum. Click here for more information about retailers and restaurants participating in Made on Market. […]
Apprenticeship program launches to train Delaware cooks
A new apprenticeship program will train cooks to work in the restaurant industry by providing them with on-the-job training and classroom instruction. The program, which launched this week with an announcement at Bluecoast Seafood Grill & Raw Bar in Rehoboth Beach, is a partnership between the Delaware Restaurant Association and the Delaware Department of Labor. The […]
New report sheds light on small business lending
A new report from online lending platform Fundera finds that companies in the electronics manufacturing, building materials/home furnishings and retail industries had the greatest success in obtaining a business loan. Fundera looked at data from more than 6,500 businesses in 58 industries that applied for a loan on Fundera’s platform in the three months ended March 31. […]
SAS Nanotechnolgies a winner of AkzoNobel international startup competition
SAS Nanotechnologies has been named one of the winners of an international competition organized by AkzoNobel, the Netherlands-based paint and coatings maker. SAS, which is located in Newark, has developed an additive that prevents paints and other coatings from corroding and heals existing corrosion. The company will collaborate with AkzoNobel through a joint development agreement it was awarded […]
Closing the funding gap for small business. EDGE Grants are here to help.
A report from the Ewing Marion Kauffman Foundation points out the difficulty many business owners have in accessing outside capital to start a business and the impact this has on the health of the business. Just 16.5 percent of business owners said they received a business loan from a bank or other financial institution when […]
Retailers, be ready for Memorial Day weekend
If you own a store, you know that Memorial Day weekend likely means extra business. In 2018, consumers said they expected to spend an estimated $36 billion during the three-day holiday weekend, according to MFour Mobile Research and Vistar Media. That works out to an average of $489.46 per adult with men expected to spend an […]
