Site Selector Toolkit
Delaware Prosperity Partnership’s goal is to provide reference tools, resources and information you need to make sound location decisions. Explore the Site Selector Toolkit to see what sets Delaware apart:
Whether it’s our competitive business climate, reliable infrastructure, sophisticated and skilled workforce, or convenient Mid-Atlantic location, Delaware remains a consistent leader attracting a diverse range of fast-growing industries. Businesses are thriving in Delaware, resulting in one of the strongest economies in the Mid-Atlantic Region.
When you choose Delaware as the location for business, you can trust it’s an investment in one of the nation’s best states for business to incorporate and where centuries of Fortune 500 companies, startups, family operations and more have chosen to operate.
Delaware Industry Sectors
With skilled workers advanced manufacturing a diverse array of items at the center of the largest consumer market in the U.S., Delaware serves as a manufacturing hotspot. At the center of the largest consumer market in the U.S. when you choose Delaware you choose ease-of-access to 50 million+ customers. Advanced manufacturing and logistics businesses looking for success find it in Delaware.
Delaware has emerged as an internationally renowned center for business and financial services with much of the world’s legal affairs being conducted in Delaware—this includes 1 million businesses and 68% of the Fortune 500 companies. Financial and fintech services are Delaware’s largest traded sector. With Delaware as a hub, well-known financial service brands, as well as new fintech brands, have established themselves in Delaware, providing countless financial services for businesses, as well as over 40,000 jobs.
At the epicenter of the Innovation Corridor (from Washington D.C. to New York), Delaware offers one of the world’s largest talent pools of science and technology experts—in the U.S., it is ranked as having the 4th highest concentration of employed PhDs in health, science, and engineering. A leader in advanced chemicals and bioscience, Delaware has held global leadership in chemical innovation and currently has the highest concentration of chemical engineers in the U.S. and a 60% growth rate within the past decade in life science firms choosing Delaware. Delaware’s Lab Grant program offers capital support for advanced lab space. Delaware Research & Development Tax Credits promotes new research and development by lowering payments on taxable expenses.
With 100 universities in a two-hour radius of Delaware, Delaware numerous academic institutions and healthcare systems are at the forefront of health and technology innovations. Delaware education institutions include the nationally recognized historically black college and university, Delaware State University as well as leaders in accreditation programs, Wilmington University, and Delaware Technical Community College. The University of Delaware campus features a 272-acre Science Technology and Advanced Research (STAR). Delaware’s health care systems include teaching hospitals as well as advanced research programs. Its multistate health care system ChristianaCare is in the top 1% of all U.S. hospitals.
As the state ranked first in the U.S. for agricultural value sold per acre, Delaware has some of the most modern advances in food production, agriculture and agriscience. The low cost of doing business, the closeness to major markets, and a highly educated workforce all contribute to making Delaware’s agricultural businesses successful. The agriscience sectors work with life scientists to produce top-tier pharmaceuticals for agribusiness.
