DOING BUSINESS IN DELAWARE

Delaware Prosperity Partnership
302-576-6586
kforeman@choosedelaware.com
choosedelaware.com

Doing Business in Delaware

Delaware’s vibrant innovation ecosystem and cost-competitive business environment is supported by its status as ‘a state of neighbors.’ Decision-makers and influencers go out of their way to help here, and our prospects recognize this access as one of Delaware’s most attractive attributes.

— Kurt Foreman, President & CEO,
Delaware Prosperity Partnership
doing business in Delaware
Agile Cold Storage is constructing a $170 million, high-tech cold storage facility that will support operations at the nearby Port of Wilmington. (Photo: Moonloop Photography)

  TARGETED GROWTH SECTORS

Financial Services: Top fintech innovation state (per capita) with 40 years as global financial services hub. Companies include Goldman Sachs and Ally Financial.


Life Sciences: Life sciences has seen 65% growth in biotech research and development subsector over 10 years. Companies include Prelude Therapeutics, Incyte, and Agilent.


Manufacturing: Statewide workforce programs help manufacturing serve 50 million consumers located within five hours. Companies include Delmarva Corrugated Packaging, DuPont, and Siemens Healthineers.

  TOP PROJECTS

COMPANY
LOCATION
INVESTMENT
Agile Cold Storage
Claymont
$170 million
Accredo Specialty Pharmacy
Newark
$89.2 million
Solenis
Wilmington
$35 million
Agilent Technologies
Newport
$21.6 million
Uvax Bio
Newark
$8.5 million

FEATURED LOCATIONS

Delaware Prosperity Partnership:Delaware Prosperity Partnership leads Delaware’s economic development efforts to attract, grow and retain businesses; to build a stronger entrepreneurial and innovation ecosystem; and to support private employers in identifying, recruiting, and developing talent. To learn more about DPP go to choosedelaware.com.

  FAST FACTS

Population (July 2022 est.): 1,018,396¹
Largest Cities (2020): Wilmington (70,875); Dover (39,554); Newark (31,296); Middletown (23,315); Milford (11,301)¹
Real GDP (2022): $65.8 billion²

¹U.S. Census Bureau
²Bureau of Economic Analysis, U.S. Dept. of Commerce

  WORKFORCE PROGRAMS

Delaware Strategic Fund Job Performance Grants and Capital Expenditure Grants support projects impacting Delaware’s economy in a significant way.

Delaware Strategic Fund Graduated Lab Space Grants help science and technology companies with expenses associated with building out wet lab space.

TOP BUSINESS FACILITIES RANKINGS

Top 5 Broadband Access
2023 State Rankings
Top 5 Housing Market Growth
2023 State Rankings
Top 10 Tech Talent Pipeline
2023 State Rankings
Top 10 Fastest Growing Population
2023 State Rankings

From the July / August 2023 issue of Business Facilities

LATEST NEWS

Wilmington

Incyte To Expand In Wilmington, DE, Adding 500 Jobs

The Delaware biopharmaceutical company purchased two downtown buildings, bringing in new positions.

Homegrown Delaware Firm Expansion Supports Its Defense And Semiconductor Work

Veteran-owned Phase Sensitive Innovations will expand R&D and manufacturing facilities for its radio-frequency components, devices and systems.

Hydrogen Tech Company Relocates Within Kent County, DE

FFI Ionix Inc., a hydrogen technology company, recently announced it will relocate its operations within Kent County, Delaware.