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Delaware Direct Financial Incentives 2014

Area Development Online Research Desk (Q1 2014)
Delaware's economic development, finance and tax organizations provide a range of incentive programs to initiate new business and commercial investment. More

Sustainability: The “Invisible Hand” Shapes Next-Generation Location Selection

Don Schjeldahl, Founder, Don Schjeldahl Group (Q1 2014)
Companies that view their location strategies through a “sustainability filter” are more likely to achieve competitive advantage and long-term stakeholder value. More

Newark, DE Development Seminar to Explore Regional Real Estate, Workforce Issues of High-Tech Transformation

Richard K. Wallace, Editor and Publishing Director, The Next Silicon Valley (Q1 2014)
The key to economic development often lies in transforming existing assets and evolving new approaches to the workforce, and the workplace. This is especially true for a growing number of cities and locations around the U.S. where local officials have set their sights on the emerging innovation, or knowledge economy, and a new 'creative class' of workers as the best path to economic renewal. More

Regional Report: Mid-Atlantic Region Drawing High-Tech Investment

Karen Thuermer (Directory 2014)
Some new and creative incentive programs are being provided in the Mid-Atlantic States to help drive the region’s high-tech and other industries. More

Leading Locations for 2013: The Mid-Atlantic MSAs

Area Development Magazine Special Presentation (Q2 / Spring 2013)
Encompassing Delaware, Maryland, New Jersey, New York, and Pennsylvania, the Mid-Atlantic region boasts a diverse industrial base that employs thousands at high-technology, life sciences, financial services, and agri-business firms. More

Regional Review: Mid-Atlantic States’ New FDI Initiatives

Mali R. Schantz-Feld (Location USA / April 2013)
Educational and research institutions, state government’s willingness for change, and signature Mid-Atlantic tenacity provide the foundation for this region’s momentum heading into more promising economic times. More

Which States Lead in the “New Economy”?

Area Development Online Research Desk (December 2012)
It’s been more than three years since the Great Recession ended, and only six states have regained employment levels enjoyed prior to the recession, while 17 states are still more than 5 percent below their pre-recession employment levels. This is according to The 2012 State New Economy Index from the Information Technology and Innovation Foundation (ITIF). More

KPMG CompetitiveTax Structures Study Stacks Large and Small U.S. Cities against the Global Competition

Area Development Online Research Desk (October 2012)
Of the 55 large international cities highlighted in KPMG's 2012 Competitive Alternatives: Focus on Tax report, three U.S. cities rank among the top 20; Cincinnati (16th), Baltimore (17th), and Cleveland (18th). More
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Studies/Research
News Items
 
Around The Web
 
Studies/Research

DELAWARE at a glance

POPULATION: 907,135

LABOR FORCE: 439,181

RIGHT TO WORK: No

TRADITIONAL INDUSTRIES: Manufacturing, agriculture, finance, chemistry

EXPANDING INDUSTRIES: Transportation and utilities, education and healthcare, leisure and hospitality

COLLEGE GRADUATES: (Age 25 and over) 35.1%

BASIC BUSINESS TAXES:
Corporate Finance Tax: Minimum of $75 and maximum of $180,000 per year

General Property Taxes: Based on assessed value of real property for county, municipal, and school district purposes; personal property exempt; the Delaware Economic Development Office can provide property tax information for all geographic areas within the state.

BUSINESS INCENTIVES
New Economy Jobs Program

New Job Creation Credit

Bank Franchise Tax Credit

Research and Development Tax Credit

Clean Energy Technology

Device Manufacturers' Tax Credit

Industrial Public Utility Tax Rebate

Property Tax Incentive

Veterans Opportunity Credit

Delaware Strategic Fund

Tax Exempt Bond Financing

Delaware Small Business

LIFT Program

Delaware Access Program

Delaware Business Finder's Fee Tax Credit

Renewable Energy Facilities Revolving Loan Fund

Delaware Rural Irrigation Program

State Small Business Credit Initiative (SSBCI)

Principal Manufacturing industries

  • Food
    34.2
  • Computer & Electronic Products
    11.7%
  • Chemicals
    10.0%
  • Fabricated Metal Products
    6.2%
  • Plastics & Rubber Products
    6.0%
  • Paper
    3.2%
  • Other Manufacturing Industries
    28.7%