POPULATION: 853,476
RIGHT TO WORK: No
TRADITIONAL INDUSTRIES: Manufacturing, auto manufacturing, agriculture, finance, chemistry
EXPANDING INDUSTRIES: Retail trade, professional and business services, education, health, leisure and hospitality
COLLEGE GRADUATES: (Age 25 and over) 36.9%
BASIC BUSINESS TAXES:
Corporate Finance Tax: Minimum of $35 per yaer and maximum of $165,000 annually based on the amount of authorized shares or an alternative based on $250 per $1 million of assumed capital up to $165,000 maximum
General Property Taxes: Based on assessed value of real property for county, municipal, and school district purposes; in practice, property is valued at different ratios according to locality; personal property exempt; the Delaware Economic Development Office can provide property tax information for all geographic areas within the state
BUSINESS INCENTIVES:
Tax Exempt Bond Financing
Delaware Strategic Fund
Assistance
Industrial Revenue Bonds
Brownfield Redevelopment Grant Funding
Enhanced Tax Incentives in
Targeted Areas
New Economy Jobs Program
Competitiveness Fund for
Manufacturing Industries
Pre-Venture Fund
Clean Energy Partnership Program
Technology-Based Seed Funds
for Startup Businesses