Tag: New Castle County

Eastern Highway Specialists Increases Blue-Collar Opportunities in Wilmington

Eastern Highway Specialists Increases Blue-Collar Opportunities in Wilmington

Before Bob Field was hiring and training dozens of employees at Eastern Highway Specialists, his Wilmington-based infrastructure construction company of 18 years, he was working on the Delaware Memorial Bridge late at night, laying concrete – and the foundation of his new business.

“I would be out there till 3 a.m.,” Field said in his office on North Church Street, where EHS has operated since 2003. “I’d come home, go to sleep and wake up three hours later. When you start a business, you have to just be there and pay attention to everything, no matter what.”

EHS has come a long way from the small garage out of which Bob and his wife, Clair Field, founded their general contracting business. From developing pedestrian walkways and rehabilitating historic bridges to replacing bridge bearings on major highways like I-95, the firm has left its professional mark on how people travel throughout the Mid-Atlantic.

Bringing Blue-Collar Opportunities to Wilmington


Four years ago, Eastern Highway Specialists was at a crossroads.

Operating out of a 7,000 square-foot building on one acre of land, the heavy civil contractor needed to expand in order to hire more workers and buy equipment in bulk. Bob had added shop space over the years as his company increased from two employees to a 50-person workforce, but EHS had outgrown the North Church Street location. In 2017, it came time for EHS to start looking for new headquarters.

“The key is our growth in Wilmington,” Clair said. “There were places in other states that were close enough to consider, but with the emphasis on economic growth in the city, we really wanted to stay here.”

For the husband-and-wife team, Wilmington is home. They were both born at St. Francis Hospital about a year apart and had raised their eight children in the city.

Plus, Wilmington lies at the center of their bridge and highway projects, placing EHS within a 60-mile radius of highway construction sites throughout Delaware, Pennsylvania and Maryland.

EHS is a family business, with Bob serving as the company president and Clair as majority financial owner. Four of their children are also involved. They actively seek to increase the company’s diversity, with a third of EHS’s workforce comprising people of color.

So when Clair and Bob found property where they could build and develop a nearly 20,000-square-foot shop on five acres in Riverside, they jumped at the opportunity. The company’s $4 million investment on Downing Drive is nearly tripling their current space and adding four acres. Two grants approved by the state Council on Development Finance earlier this year are helping EHS bring 17 new positions to Riverside and improving existing infrastructure.

“These grants help offset some of the higher costs of developing land in former industrial cities such as Wilmington,” said safety and training manager Nathan Field. “It takes longer to return these areas to productive use today, and there are special associated costs.”

The cul de sac the company is adding to Downing Drive could potentially draw other businesses to the area.

“The grants will also help us upgrade Downing Drive, and it’s going to improve the desirability of doing business on this stretch for many other companies, too,” Nathan said.

Laying a Local Foundation

The new property not only benefits EHS as a company but also its workers, the surrounding Riverside community and future businesses.

Bob and Clair are invested in their workforce. They don’t want to hire people who leave after a few months. Every year, they sit down with employees to talk about next steps, so that their current positions can blossom into specialized careers.

“We are highly involved in developing a local workforce,” said Nathan, who is one of Clair and Bob’s sons.

As a participant in the Workplace Health and Safety Incentive Program for more than a decade, EHS is also committed to training employees on new skills and safety protocol. Since 2008, EHS has been continuously involved in the State of Delaware apprenticeship program as a sponsor. Nine of the company’s current employees graduated from the program, and four EHS foremen are apprentice graduates.

“We have to work from within,” Bob said. “As one example, we have someone who’s been with us for 10 years. He went through the apprenticeship program, and he’s now a certified welder.”

new blue-collar jobs with eastern highway specialistsThat means keeping blue-collar opportunities within walking distance, which is another reason EHS is staying in Wilmington’s East Side.

“People are choosing to invest here,” Nathan said, pointing to nearby REACH Riverside, a nonprofit that is improving the neighborhood through new housing projects.

By moving the construction company to the Riverside neighborhood, residents who don’t have cars will still have the opportunity to work for EHS.

“When there were factories, everybody was walking to work,” Nathan said of Wilmington’s industrial period. “When you’re rebuilding and creating new jobs in these areas, it’s a benefit to have companies that people can walk to.”

By redeveloping the Downing Drive site, the Field family is positioning EHS to be part of Wilmington’s growth and revitalization.

“We want to be part of the rise in the city,” Clair said.

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The Innovation Space™ Expands Lab and Office Space for Startups

The Innovation Space™ Expands Lab and Office Space Available to Startups

The Innovation Space expands in Delaware

September 17, 2021 – 

50,000 Sq.ft.  Of Laboratory and Office Space Available April 2022


WILMINGTON, Del. – The Innovation Space™, an ecosystem with funding, resources, and programs tailored to accelerate and scale science-based startups, announced today that 50,000 ft2 of Class A laboratory and office space will be available in April 2022. This space, located in The Innovation Space’s Wilmington, Delaware headquarter building is comprised of 33 laboratories, 76 offices, and a network of shared conference rooms, collaboration spaces and amenities. Residential clients also gain access to the Experimental Station, a secure, 24/7 supported, innovation campus with a cafeteria, fitness center, exercise classes, and critical infrastructure support resources.

The lab and office footprint aims to enable biotechnology, chemistry, and material science startups as they grow and attain key milestones for expanded facilities. The space available in April 2022 is currently occupied by a large biotechnology client and supports both the advancement of their research and development of their business. Upon this client’s graduation from The Innovation Space in early 2022, the space will be made available to the next generation of startups and scaling companies.

“We are very pleased to be able to intensify our commitment to the growth of science-based startup companies and drive economic growth,” said Bill Provine, CEO of The Innovation Space. “This space would be a perfect fit for biotech or chemistry-based companies and can support multiple smaller growth companies or be a great home for a rapidly scaling larger company.”

“The Innovation Space has been a critical partner for Prelude Therapeutics in support of our rapid growth,” said Kris Vaddi, CEO of Prelude Therapeutics. “We continue to gain value from their entrepreneur-first business focus and flexible engagement strategies which have provided us with the framework to expand our company with them from 5 employees in 2017 to over 100 employees today,” said Vaddi.

“Whether you are just starting out your journey as a science entrepreneur or are have recently raised a multi-million-dollar round of investment, you will find supportive programs and capabilities across The Innovation Space that will enable you to move your startup forward more aggressively,” said Provine. “We are an entrepreneur-first organization and have both physical assets such as leveraged scientific equipment and world-class laboratory capabilities in addition to our supportive suite of business building programs. These programs include our First Fund™ where we provide investment, our Science INC™ cohort-based accelerator where we work intensely over a four month program with early startups on their business models and connect them with partners and investors, and our Spark Factory™ mentoring program where we provide access to and advice from seasoned functional experts and business leaders.”

About The Innovation Space™:

The Innovation Space is a multi-dimensional, non-profit entrepreneurial support organization and an ecosystem where entrepreneurs, scientists, business leaders, community members, investors, and service providers in the advanced materials, industrial and agriculture biotechnology, chemical ingredients, renewable energy, nutrition, therapeutics, diagnostics, and healthcare fields can build business concepts together and accelerate the path to commercialization of each startup. The Innovation Space was formed from a public-private partnership between the State of Delaware, DuPont, and the University of Delaware. The Innovation Space™ is also known as Delaware Innovation Space™ and the Home for Science Entrepreneurs™.

Learn more: innovationspace.org; https://bit.ly/TheInnovationSpace; and www.firstfund.org.

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Wilmington Businesses Put World Events on Delaware Stage

Wilmington Event Production Businesses Put Delaware on World Stage and World on Delaware Stage

Light Action, Applied Electronics and Staging Dimensions Operations to be Joined by Pine Box Soundstage this Fall


Scott Humphrey is probably the most active Delawarean you’ve never heard of.

If you’ve seen a large outdoor production, you’ve likely experienced his work. From Firefly, to Election Night at the Riverfront, to the stage where the Pope spoke in Philly, he and his team at Light Action and Staging Dimensions were front and center.

Pine Box Soundstage to Open Late Fall 2021

Now, Pine Box, currently under construction for a targeted opening in late fall 2021, is a massive soundstage facility for rehearsing concerts, film productions and large (think Broadway) performing arts events. The name Pine Box comes from a saying that Humphrey’s father used to use.

“He would talk about moving into his final home, and the one after that would be the pine box,” Humphrey said. And it just kind of stuck. This is my final stop.”

The idea behind Pine Box came out of necessity. Outgrowing their New Castle location, where they had set up shop over 14 years ago, while also becoming more involved in corporate activations found them in need of a more dynamic location.

“Companies like Red Bull and AT&T were looking to stage events before they go out to do their promotions, so we needed a facility that could accommodate their needs,” Humphrey said. “In doing that, we realized there was an opportunity to do the same for the film industry.”

Humphrey’s companies were on point for the 2020 Presidential Campaign, from working several of Donald Trump’s rallies through running the gamut of Joe Biden’s speeches in Wilmington at The Queen and then the Democratic Convention at the Chase Center as well as the week of the election. When asked about the challenge of running an Election Night that turned into an election week, Humphrey said, “These types of events always come down to the last minute. It’s very challenging to get things prepped for an event like that with things changing, even locations changing. But we really are so used to that at this point.”

Why Wilmington?

When asked Why Wilmington?, Humphrey was candid.

“Well, this is where I live,” he said. “I’ve been here since 1983, made my home here, and this is my community. There was no plan to be here, but this is where it grew. There are more reasons to be here than there  are not.”

Between Humphrey’s three businesses Light Action, Applied Electronics and Staging Dimensions there are 60 collective years of experience and 130 employees, many who have been with him for over 20 years. “It was a really difficult decision to make when the pandemic hit, but I was able to do it with only 21 layoffs,he said. Humphrey did have to reduce wages to 50% scale to make it work, but has since gotten wages back to 100%.

In an industry known for dealing with curveballs, the pandemic hit Humphrey’s businesses harder than most, peaking right at the time when their largest annual events — festivals, commencements, etc. — typically occur.

“We do 50% of our business in a four-month period, and all of that stuff got canceled,” he said. “No one realized that our industry, entertainment, had over 80% unemployment. We’re slowly coming back from that, but we won’t really see a full return until sometime next year.”

When Pine Box opens, Humphrey expects it to house at least 60 employees with certain events creating an influx of 12 to 30 workers from the local stagehand union. “Our space becomes this nucleus of people working in and out of the building,” he explained.

One of the things that makes Humphrey’s companies unique is that over 85% of their gross revenue is earned outside Delaware. “We are a model for both the state and for the city for bringing in dollars from outside the region into the state, with the people who are working here actually living in the state,” he said.

When asked what the highlight of 2020 was for Humphrey, he didn’t hesitate.

“It was turning to the people that work for the company, very talented people who could work anywhere, and explaining to them what I was able to do when the pandemic hit,” he recalled. “The fact that they said ‘yes,’ almost to a person – that loyalty was the highlight for me. I never thought I’d see it the way I saw it.”

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UD, Delaware Technology Park and Discover Bank Partner on New FinTech Building at STAR Campus

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UD, Delaware Technology Park and Discover Bank Partner on new FinTech Building at STAR Campus

25 NOVEMBER, 2019 | PETER BOTHUM | UNIVERSITY OF DELAWARE

Once a nearly blank canvas inviting imagination for what the university of the future may look like, the University of Delaware’s Science Technology and Advanced Research (STAR) Campus is realizing such transformation on a daily basis. Combining top academics and research with industry and community partnerships, a renewed future is shaping in real time at this intersection of discovery, education and innovation, driven by a bold vision for positive impact on the world.

UD, Delaware Technology Park (DTP) and Discover Bank will partner on the construction of a new building that continues the STAR Campus’s march into the future, adding a building block that taps into the evolving world of financial services technology — commonly called FinTech — with an eye on growth for Delaware.

Like the previous construction on STAR Campus, the six-story, 100,000-square feet structure will bring various facets of an industry together under one roof, in this case the academic, business and governmental segments of the financial world.

“Working with DTP and Discover to strengthen Delaware’s growing FinTech sector, the University of Delaware is proud to participate in this public-private partnership, continuing development of knowledge and innovations that help drive our state’s economy,” said UD President Dennis Assanis. “Our University is a national leader in finance, technology and entrepreneurship, so combining our expertise and resources in these complementary fields will yield exciting opportunities for our students and faculty with meaningful impact on society.”

The new FinTech building will add immense value to Delaware’s growing prowess in financial technology. More and more financial services companies are morphing into technology companies. Global investment in FinTech-related companies rose from $18.9 billion in 2013 to $111.8 billion in 2018, according to a recent report by the Delaware Prosperity Partnership.

“We’re working hard in Delaware to support those entrepreneurs and innovators who will keep our state competitive in the 21st century economy, and drive new job creation,” Governor John Carney said. “We’re also good at working together in Delaware, and I am really pleased to see this kind of collaboration between the private sector and the University of Delaware. This partnership at the STAR Campus will help create a pipeline of skilled local talent, support our entrepreneurs, build on our strength in financial technology, and strengthen our economy over the long term.”

By constructing a hub where the financial services industry and academia intersect with technology and innovation, UD, Discover and DTP will contribute to the vitality of Delaware’s economy. UD’s research and instruction in data-related disciplines will create a highly capable workforce to feed the FinTech industry in Delaware, including the start-up businesses that will hatch, grow and spin out of the new facility.

The building will house:

  • Spaces for startups to develop and grow, managed by Delaware Technology Park. Tenants will have onsite access to business development resources and technical assistance.
  • Labs and centers associated within UD’s College of Engineering and Alfred Lerner College of Business and Economics. These spaces will link strengths and resources from both colleges on topics such as financial analytics, cybersecurity, human-machine learning and data analysis.
  • UD’s Office of Economic Innovation and Partnerships (OEIP) will relocate its offices from the Delaware Technology Park’s Innovation Way location.
  • Delaware’s Small Business Development Center, which will be synergistically located to offer assistance to OEIP’s Spin In program. This program connects UD undergraduate students with community entrepreneurs and early-stage startups to give them an inside look at business innovation in action and a chance to apply what they’re learning in real-life situations.

“Delaware Technology Park is excited to launch a new building project on STAR Campus in conjunction with the University of Delaware and funded by Discover Bank,” said Mike Bowman, president and CEO of DTP. “It will contain faculty, students and entrepreneurs with outstanding data science knowledge and digital management competencies as well as support resources for business development and community education.”

The $38 million project will be funded via a favorable below market interest rate loan by Discover Bank to DTP, the owner of the building. UD will lease space in the building.

Discover Bank is currently exploring ways to partner with UD on research related to the financial technology needs of the bank that may include cyber-related technologies, and consumer data analytics, applications and behaviors. A national nonprofit focused on improving the financial health of communities, has partnered with Discover Bank to work with UD, DTP, entrepreneurs and the community on the utilization and testing of financial technologies to improve consumer financial health.

“Discover Bank is dedicated to building stronger communities, which is why we’ve championed this project with the Delaware Technology Park and the University of Delaware to expand economic opportunities, create jobs in financial services and FinTech, and promote financial health for underserved populations,” said Discover Bank President James J. Roszkowski. “The development at STAR helps us realize our vision of creating brighter financial futures for consumers as well as creating new opportunities for the business community.”

The building, which is scheduled for a 2021 opening, will mark the first sizable presence of Lerner College on the STAR Campus.

“This project will create an excellent opportunity for UD students to explore new frontiers in data-related disciplines including computer and information sciences, computer engineering and financial analytics,” UD Provost Robin Morgan said. “With a focus on setting up our students for success, the UD community will have access to new space for academic growth and the pursuit of employment opportunities in the continuously expanding FinTech industry here in Delaware.”

Potential plans and programs include a cybersecurity leadership center that would link Lerner’s cybersecurity management with the College of Engineering’s cybersecurity engineering and technology, a space for human-machine learning and social media data analysis and a multi-media studio.

Kurt Foreman

PRESIDENT & CEO

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Datwyler Sealing Solutions Chooses Delaware for $100 Million Facility

Datwyler Sealing Solutions Chooses Delaware for $100 Million Facility

Datwyler Sealing Solutions new facility Middleton DE

When Datwyler Sealing Solutions decided to expand its manufacturing and distribution capabilities in North America, the Swiss company’s site selection criteria were quite specific. After considering locations across the United States, company leaders concluded that Middletown, Delaware, was the optimal location for its new $100 million, 200,000 sq. ft. manufacturing plant.

“We identified a handful of areas across the country that might satisfy our needs, “says Frank Schoubben, site director of the company’s new Middletown, DE, plant. He served as a member of the team tasked with selecting the new U.S. site.

Datwyler, a more than 100-year-old firm headquartered in the heart of the Swiss Alps, began as a manufacturer of rubber products, including tires. Today, however, Datwyler Holding owns 50 business entities, with sales in over 100 countries and employing more than 8,000 employees. Its product line includes a broad range of rubber stoppers, aluminum seals, plungers, combiseals, tip caps and needle shields used in pharmaceutical products, medical devices and for diagnostic research and drug development. Datwyler Sealing Solutions also makes products for the automotive business, consumer goods, oil & gas, and general industries.

The new Middletown plant, opened in 2018, is dedicated to Datwyler’s proprietary clean-room technology dubbed “FirstLine.” The technology is aimed at eliminating contamination in the manufacturing process, a critical concern in the pharmaceutical and medical devices industries.

During the site selection process, location was first on the list of Datwyler’s critical considerations. The site had to be near the company’s major customers in the pharmaceutical and medical devices industries. Sites across the continental United States were under consideration, but Datwyler was especially interested in locations in the tri-state area of New York, Delaware, and New Jersey, an epicenter of the American pharma industry.

In addition to geographic concerns, the company knew it would need to hire in excess of 100 employees with a variety of technical and business skills. So, a critical element of the search process was a survey of educational resources that would be nearby and responsive to Datwyler’s requirements.

Finally, the new site had to be near a major, international airport.

In the end, Middletown, Delaware, made the cut. 

A native of Belgium, Schoubben holds a master’s degree in industrial engineering and electrical mechanics with a specialty in polymers. A 16-year veteran of Datwyler, he has worked at company sites around the world. Most importantly, he led a greenfield site project in India, so he has lived through – and mastered – the tricky process of managing the technical and regulatory details of site selection.

“A number of things attracted us to Delaware. Of course, its proximity to our customers, many of whom are in New Jersey, was a key factor,” says Schoubben. “There are about 100 colleges and universities within a 2-hour drive from Delaware, so we knew we would have an attractive pool of well-educated people to satisfy our hiring needs.”

While technical competency is a requirement for employment with companies like Datwyler, so-called “soft skills” are also in demand. “A key objective of our hiring process is to identify people we can groom as future leaders,” says Schoubben. “We are engaged in that search now and expect to hire a total of 120 employees for this site.”

“We appreciate and admire Delaware’s historic ties to the chemical industry and manufacturing,” says Schoubben.  “And, of course, the scale of business and industrial growth in the Middletown area made it clear that this area welcomes companies like ours.”

Once Delaware emerged as the leading contender, Datwyler reached out to state economic development officials to explore the feasibility of locating in the Middletown area.

“Our experience was great,” Schoubben says. “It was very easy to establish open communications with state and local officials.”

He says they helped the company overcome potential barriers to obtaining permits and navigating regulatory workstreams. Because of their extensive experience, Delaware officials were able to arrange key contacts, make introductions and sequence events so that the overall process flowed smoothly.

“It’s been a good ride for us,” says Schoubben. “We continue to have good relationships with state and local officials and they continue to provide support when we need it. The fact that it took only 18 months from groundbreaking to grand opening is really notable. This is a winner for us!”

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White Dog Labs and Cargill Team up to Offer Sustainable Fish Feed

White Dog Labs and Cargill team up to offer sustainable fish feed

30 SEPTEMBER, 2019 | DELAWARE BUSINESS TIMES

Cargill, the global agricultural supply company, has entered an agreement with Newark-based White Dog Labs to develop sustainable alternatives to fishmeal in aqua feed.

The deal gives Cargill access to ProTyton, a patented single-cell protein developed by White Dog Labs that is produced by fermentation with corn feedstock.

The protein is set to ship out from White Dog Labs’ demo facility in Sutherland, Nebraska in 2020.

“This agreement underlines our commitment to sustainable aquaculture and discovering new and strategic ingredients that will help feed the world in a safe and responsible way,” said Adriano Marcon, president of Cargill’s aqua nutrition business. “ProTyton offers a good source of protein for fish and shrimp, an affordable feed ingredient for farmers and a sustainable option for the planet that lessens our reliance on fishmeal—which we know to be a finite resource.”

Starting off Cargill will offer ProTyton in salmon feed, with shrimp and other species on the horizon. In trials, salmon fed a diet containing ProTyton™ achieved a growth performance comparable to salmon on a conventional diet.

“We’re honored to partner with Cargill to lead the industry in the application of highly scalable, alternative proteins for aquaculture,” said Bryan Tracy, chief executive officer, White Dog Labs.

The agreement follows another collaboration for White Dog Labs. This summer the firm announced a strategic partnership with InnovaFeed to scale up and jointly market fish feed made with insect protein.

This article was originally posted on the Delaware Business Times at: https://www.delawarebusinesstimes.com/white-dog-labs-sustainable-fish-feed/

Kurt Foreman

PRESIDENT & CEO

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Delaware Gets Major Push Through American Airlines In-Flight Magazine

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Delaware gets major push through American Airlines in-flight magazine

30 SEPTEMBER, 2019 | DELAWARE BUSINESS TIMES

Delaware is about to lose its status as one of the country’s best-kept secrets.

The October issue of American Airlines’ in-flight magazine, American Way, hits seatbacks on Oct. 1, with a 16-page, 4,000-word special section on six topics with a range of local leaders extolling the virtues of the First State.

The magazine chooses the subjects of its section using five criteria, said Carsten Morgan, vice president of special projects for Ink Global, which publishes 25 magazines with clients including United Airlines and Amtrak:

  • Is the community misunderstood and does it have a great story to tell?
  • Is the community ignored? Morgan said this will be one of the largest articles on Delaware to be printed by a major publisher.
  • Is it about to go through an economic renaissance? Morgan says the article will be “forward-looking.”
  • Is the timing right? “The question is whether we have the opportunity to tell the story before others do,” he said.
  • Does American Airlines have a major presence in the subject of the article?

On that last question, Morgan said American handled 69.3% of the passengers boarding flights originating in Philadelphia in 2018. That represents nearly 10.6 million of the 15.2 million enplanements the airport had last year.

But the visibility is potentially much larger.  American flies about 17 million passengers per month, with about 70% of those domestic passengers.  Morgan said American Way has an audited readership of 5.4 million domestic flyers and an additional 30% for international passengers for a total of 7.1 million anticipated readers. All seats throughout the system globally have American Way in the seatback pocket.

“It’s the first time we’ve covered the state of Delaware in any kind of detail since the American Airlines-US Airways merger” in 2013, Morgan said, adding that the section includes stories on such topics as:

  • Welcome to Delaware, featuring a Q&A with Gov. John Carney and timelines and factoids about the state.
  • The Trailblazers, with a focus on innovation and interviews with Delaware State University Provost (and future President) Tony Allen; CSC CEO Rod Ward; and FMC CTO Kathleen Shelton.
  • Changing the World, a story about health care in Delaware, featuring interviews with Christiana Care CEO Janice Nevin and Nemours CEO R. Lawrence Moss.
  • Global Impact, a 1,500-word story about key industry clusters that includes Delaware Prosperity Partnership President and CEO Kurt Foreman; Incyte CEO Herve Hoppenot; Adesis President Andrew Cottone; Delaware Tourism Office Director Liz Keller; GT USA Port of Wilmington CEO Eric Casey; and presidents Dennis Assanis and LaVerne Harmon from the University of Delaware and Wilmington University, respectively.
  • Guide to Delaware, which provides information on Sussex, Kent and New Castle counties.
  • State Tour, a lifestyle section that highlights arts and culture; the beaches, outdoor recreation; and the DuPont mansions.

“Part of DPP’s strategy is to build greater awareness and understanding of Delaware’s value proposition locally, regionally, nationally and internationally,” Foreman said.  “Having our governor and major business leaders share their vision in a major publication is a powerful way to let others know why Delaware is an ideal place for business location and growth.”

Delaware is a great place to do business, and we are competing every day with states across the country for good-paying jobs.” “This was a chance to showcase Delaware to folks who may not be aware of what our state has to offer. We continue to look at opportunities to highlight Delaware’s strong economy and quality of life to attract businesses and visitors to the First State.”   – Gov. John Carney

DSU’s Allen is excited about the additional visibility that his university will get over the next month.

“I fly a lot, and when I get the chance to visit the cockpit I look to see if there’s a pilot of color sitting in one of the seats. When I find one, I ask them where they trained. Five times out of six in the last year, the answer is ‘Delaware State University.’ As the No. 1 provider of professional pilots of color in the United States, getting covered by American Airlines is a beautiful fit,” he said. “Delaware State University is the most diverse, contemporary historically black college/university in America. Our challenge is telling our story to as many people as possible, and American Airlines is the perfect vehicle to spread the word as far as possible to a huge readership.”

Ink Global’s Morgan said, “Delaware: Why the First State Wants to Be First to Mind for Businesses, Workers, and Visitors” is an editorial-first publication and not sponsored content, meaning you did not have to advertise in the issue to be featured in it.  But Delaware State has a two-page ad in the publication (plus a free smaller ad that Allen negotiated); full-page ads for Nemours, the Delaware Prosperity Partnership and Christiana Care; and half-page ads for CSC and FMC.

This article was originally posted on the Delaware Business Times at: https://www.delawarebusinesstimes.com/american-way-delaware-focus/

Kurt Foreman

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Gov. Carney Designates Four Cities as Downtown Development Districts

Gov. Carney designates four cities as Downtown Development Districts

20 AUGUST, 2019 | DELAWARE PUBLIC MEDIA

Gov. John Carney is designating New Castle City, Middletown, Clayton and Delaware City as Downtown Development Districts.

The selections mean property owners and developers can get up to 20 percent of their construction costs refunded back to them for eligible redevelopment projects.

State Rep. Jeff Speigleman represents parts of Middletown and Clayton. He said plenty of projects in the eight other development districts would not have gotten done without this program. He points to the House of Coffi in Dover as one example.

“Right around the corner from Legislative Hall, which has become a meeting place for legislators and lawyers,” he said. “One of those like neat little coffee shops that people love where a lot of us get business done, doesn’t happen without the DDD.”

Carney said the program is very successful and will help the economies of smaller cities and towns by leveraging state funding and private investment.

“It’s also a signal that the economic development efforts of the state are not just geared towards larger businesses and large corporations and big banks, which are an important part of our economy, but small businesses as well,” he said.

Former Gov. Jack Markell designated the eight current Downtown Development Districts, which include Dover, Seaford, Harrington, Georgetown and Wilmington.

Lawmakers approved $8.5 million for downtown redevelopment in this year’s budget. Delaware State Housing Authority Director Anas Ben Addi said the program has issued $31.6 million in rebates, leveraging $597 million in private investment.

This article was originally posted on the Delaware Public Media at: https://www.delawarepublic.org/post/gov-carney-designates-four-cities-downtown-development-districts

Kurt Foreman

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25 Opportunity Zones Ready for Development

25 Opportunity Zones ready for development

9 JULY, 2019

Whether you are looking for mixed-use, multi-family, affordable/attainable housing, commercial rental, owner-occupied, energy, transportation, infrastructure, social impact or traditional projects, Delaware has options for you within our 25 qualified Opportunity Zones.

Click here for more information.

Opportunity Zones are an economic development tool designed as revitalization programs in economically-distressed communities in Delaware and in other communities by providing tax benefits to investors.

Governor John Carney selected 25 census tracts as Opportunity Zones in April 2018 in which communities and economically-distressed properties across Delaware could see additional private sector investment. These Opportunity Zones are designated by the U.S. Department of the Treasury.

The 25 Opportunity Zones in Delaware are found in specific census districts in the following towns and cities, from the top of the State of Delaware (located less than 15 miles from the Philadelphia International Airport-PHL) to the bottom (located 20 miles from Salisbury Regional Airport – SBY).

Click here for more information.

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Delaware’s Fintech Boom is Already Here

Delaware’s Fintech Boom is Already Here

25 JUNE, 2019 

If you’re still waiting for fintech to explode in Delaware, you may be looking at it in terms too narrow.

“It already has,” says John Taylor, director of economic research for the Delaware Prosperity Partnership, who recently completed an in-depth report on fintech in Delaware along with First State Fintech Lab and University of Delaware’s Institute for Public Administration.

The view that fintech has yet to truly materialize in Delaware is fueled by a definition that hyper-focuses on the startup sector and disregards established financial institutions as not real tech companies.

As we’ve written over the past few years, companies such as JPMorgan Chase and Capital One are tech companies. Once you factor in the evolution of banks — and their large pool of Delaware tech jobs — the Wilmington fintech boom materializes.

(Fun fact: Delaware accounted for 75% of all fintech investment in the Philadelphia region in 2018.)

“We think taking the broad view makes a lot of sense here, particularly from a workforce angle,” said Taylor in an interview with Technical.ly. “A major reason early stage fintech companies are so interested in Delaware is because of our strength in the broader financial services space — they know they can hire folks with talent on the financial services side, the credit risk analysis side and tech talent.”

While several digital-born fintech companies such as PaypalAcorns and SoFi have bases in Delaware, and homegrown fintech startups like Fair Square Financial and Marlette Funding continue to grow, they’re only half of the picture.

“Just focusing on the startup side of things really misses a big piece of what fintech has become,” said Taylor. “Particularly if you look at the increasing synergy between startups and established firms. We’re seeing more acquisitions in this space, as some of those larger firms look to grow their services.”

How much impact does fintech have in Delaware?

“Right now, we have the most jobs we’ve ever had in Delaware, about 465,000 jobs in the state; unemployment is 3.2%; and financial services is really a significant driver of our economy: We’ve got nearly 48,000 jobs, up from about 41,000 at the bottom of the recession,” said Taylor. “We’ve seen some pretty significant growth, and fintech accounts for about 9% of employment in the state, the highest share of any state in the country — about double the national average.

“And these jobs are at firms of all shapes and sizes,” he said. “One of the rules of our report was to help bring in some clarity and shared understanding to what that means and some of the trends.”

Delaware is #1 in patents issued in the United States. (Screenshot via Delaware Prosperity Partnership report)

And it’s not just jobs: “We’re not just an employment, hub, but really a hub for innovation,” Taylor said.

“One thing I found particularly interesting was that when we looked at some data over the last decade in fintech-related patenting activity, we found almost 200 over that time, which ranked Delaware first nationally on a per capita basis,” he said. “That accounts for where these companies and individuals are based, not necessarily where the patent is created. And even if we look at that, we still rank second.”

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Premier Research Campus Available

Premier Research Campus Available

11 JUNE, 2019

Available: Premier Research Campus

974 Centre Rd. Wilmington, DE 19805

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  • Master planned development includes 14 buildings. Existing space totals 788,000 sq ft.
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  • Existing infrastructure includes chemical, engineering, and process laboratories.
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Click here for a campus map.

For more information:

Becky Harrington
Director, Business Development
302.576.6577
BHarrington@choosedelaware.com

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Biotech Institute Expanding to New Space on STAR Campus

Biotech Institute expanding to new space on STAR campus

22 MAY, 2019 | DELAWARE BUSINESS TIMES

The Delaware Biotechnology Institute will expand into 70,000 square feet within the new six-story, $160 million Biopharmaceutical Innovation Building on the STAR Campus next February.

The building, which includes labs, offices, collaborative space, and shared research instrumentation facilities, will be the home of the National Institute for Innovation in Manufacturing Biopharmaceuticals (NIIMBL), a UD-led coalition of 150 companies, educational institutions, nonprofits and state governments.

Biopharmaceuticals are prescription drugs made with living cells.

“We need more space to support the expanding needs of life science researchers across campus,” said Dr. John Koh, the interim director of DBI and a UD professor in chemistry and biochemistry. “We’re not abandoning our current site, but expanding and moving our core facilities to support current and future initiatives on STAR campus. There’s an enormous difference between office space and wet research space. Being in the new building will also help us support the new NIIMBL program.”

The Delaware Biotechnology Institute is a magnet for life-science research and development. The institute supports multidisciplinary, collaborative research at all of Delaware’s research organizations, including the University of Delaware, Delaware State University, Christiana Care Health System, Nemours/A.I. duPont Hospital for Children, Wesley College, and Delaware Technical and Community College.

The Institute houses research laboratories with scientists, students, and faculty working on projects related to agriculture, human health, and energy and the environment and also makes available high-end instrumentation facilities to Delaware’s entire life-science community. DBI researchers are focused on advanced sequencing technologies, imaging technologies, and computational capabilities.

NIIMBL is funded through a $70 million cooperative agreement with the National Institute of Standards and Technology (NIST) in the U.S. Department of Commerce and leverages additional commitments from partners.

Koh said the new building will be occupied by UD faculty from four colleges and will help faculty and staff that will help launch a new program in pharmaceutical sciences at the university. The Delaware Biotechnology Institute will take a little over two floors of the six-story building besides the 70,000 square feet it has in its current location at 15 Innovation Way.

This article was originally posted on the Delaware Business Times at: https://www.delawarebusinesstimes.com/biotech-institute-expanding/

Kurt Foreman

PRESIDENT & CEO

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