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Sepax Technologies Growing In Newark, Delaware
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Delaware hopes to lure new business with site prep funding
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Delaware Business Now
Governor John Carney on Tuesday signed Senate Bill 127, a measure that creates a site readiness fund.
Senate Bill 127 offers assistance in the development or improvement of commercial and industrial sites to attract businesses.
The fund will provide grants, loans, or other economic assistance to qualified businesses or local governments that invest in constructing, renovating, or improving infrastructure for sites that will attract new businesses or expand existing businesses.
Delaware has lagged behind other states in creating “shovel-ready” sites for businesses that often have short timeframes for opening new operations.
“We are competing for jobs every day, and we are working hard to ensure Delaware’s future and ongoing economic success,” said Carney. “This legislation will allow us to quickly convert existing properties to meet the needs of prospective employers, spurring growth and new business investment. It’s just another way we are ma
Governor Carney Signs Senate Bill 127 - State of Delaware News
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Northern Delaware Is Growing Its Own Life Sciences Industry Rather Than Waiting For Overflow From Philly
“I’m always surprised at how separate the Wilmington area is from the city and the Pennsylvania suburbs,” Buccini/Pollin Group co-President Chris Buccini told
Bisnow. “Especially considering how many people live in Philly and work in Delaware and vice versa, Wilmington always is considered very separate … It’s the funniest thing.”
What Northern Delaware does have is two reliable sources of talent and startup companies: The University of Delaware and DuPont, the leftover company from the 2017 merger of DuPont and Dow Chemical and subsequent spinoff into three separate entities. Just as the University of Pennsylvania and Children’s Hospital of Philadelphia birthed the cell and gene therapy boom, Delaware’s own growth in life sciences resembles its major pillars.