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 10 Fastest Growing2024 State Rankings
Top 10 Tech Talent Pipeline2024 State Rankings
#3 Manufacturing Hubs (Large): Wilmington2024 Metro Rankings
From the July / August 2024 issue of Business Facilities

Latest News

$1M Grant Will Help Hanover Foods Upgrade Delaware Plant

Hanover Foods, Delaware
The Modernization Investment Support Initiative funds will support the food producer’s plans to invest in infrastructure and equipment improvements at its Clayton facility.

AirJoule LLC Invests $15.3M Into New Delaware Facility

The company focused on water harvesting technology for energy efficiency will operate manufacturing and R&D at two locations in the state.

Delmarva Corrugated Packaging Showcases Dover, DE Facility

Designed with energy efficiency as a focus, the plant operates with 160 manufacturing employees.
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