FDI Directory · SelectUSA snapshot, February 2025

Delaware

Priority sectors: 9
Incentive programmes: 3
Shovel-ready sites: 3
Incubators: 2
Countries courted: 15

Sectors it is courting

Investment it is seeking from

Supply-chain projects it is looking for

Active Pharmaceutical Ingredients (APIs), Biotechnology, Medical Devices, Semiconductor Manufacturing and Advanced Packaging

Site-selection services it offers

The Delaware Prosperity Partnership can assist you with your site search needs. Delaware hosts a searchable properties database on the Delaware Prosperity Partnership website, Zoom Prospector, for all prospects to utilize. Delaware can share project requirements with their real estate network to assist in identifying potential properties and can connect companies with local real estate professionals and brokers who can assist with identifying off-market sites and with contact negotiations and terms.

Incentive programmes

Grant
Strategic Fund Grant: These grants support two types of investment/growth: (1) job creation and (2) capital investment. The State’s Division of Small Business administers and manages the program, while their organization helps secure initial offers and guides companies through the application/approval process. The Division uses an economic impact model to determine grant eligibility and offer amounts take into account number of jobs created, expected salaries, and incremental capital investment. The grants often recognize growth over a period of up to three years. To be eligible for the grant, companies must complete the application and be able to provide three years of tax returns and audited financial statements (balance sheets, P&L statements, projections).
Tax Credit
New Business Facility Tax Credits: An application must be completed and filed with the Division of Revenue prior to claiming any corporate income tax credits or reductions in license taxes pursuant to Chapter 20, Title 30, of the Delaware Code. This Credit encourages startup and investment into new business facilities. Eligible businesses must create 5 new jobs and provide a capital investment of $200,000 ($40,000 per employee). The minimum credit is $500 per employee hired and $500 per every $100,000 in capital investment. Research and Development Tax Credits: The Delaware Division of Revenue must first approve any taxpayer electing to qualify for the Delaware Research & Development Tax Credits. This Credit promotes new research and development by lowering payments on taxable expenses. Two methods are available to determine the credit, which may be claimed against the Corporate and Personal Income Taxes. The credit is 10% of the excess of the total Delaware Qualified Research and Development Expenses for the taxable year over the taxpayer’s Delaware Base Amount, or 50% of Delaware’s apportioned share of the taxpayer’s federal research & development tax credit calculated using The alternative incremental credit method under IRS code.
Equity Investment
The Early-Stage Venture Capital (VC) Program – The primary objective of the Delaware Early-Stage VC Program is to build resident VC capacity in the state and expand access to equity capital for firms owned by socially and economically disadvantaged individuals. The Division of Small Business will partner with venture capital funds to make equity investments in Delaware-based high-impact startups up to $5 Million using SSBCI funds.

Shovel-ready sites

Chestnut Run Innovation and Science Park (CRISP): Delaware’s hub for life science, research & development, and pharmaceutical manufacturing companies. Ideally situated in northern Delaware along the I-95 corridor, the 164-acre CRISP campus contains 800,000 square feet of space ideal for R&D, biopharma, advanced manufacturing, and applied sciences.
Site details
Garrison Oak Business & Technology Park: Ten 10-14 acres parcels that can be combined in business park in the city of Dover (central Delaware). Lots are shovel ready with utilities on site. Zoned Industrial.
Delaware Coastal Business Park: Adjacent to Delaware Coastal Airport, this county owned business park is expanding to add 21 acres for commercial and industrial use. Sussex County is building out roadways, utilities, and other features to ensure lots are shovel ready.

Technology-sector sub-sectors sought

AgTech (including FoodTech), CleanTech, FinTech, HealthTech (including MedTech)

Programmes for international technology startups

Graduate Lab Space Grant: Designed to assisted companies looking to build out wet lab space. The Early-Stage Venture Capital (VC) Program – The primary objective of the Delaware Early-Stage VC Program is to build resident VC capacity in the state and expand access to equity capital for firms owned by socially and economically disadvantaged individuals. The Division of Small Business will partner with venture capital funds to make equity investments in Delaware-based high-impact startups up to $5 Million using SSBCI funds.

Programmes for international clean-energy projects

Incubators and accelerators

Delaware Innovation Space
The Innovation Space fuels the growth of science-based startups and entrepreneurs through best-in-class labs and customized support. When you become a resident of the Innovation Space, you gain access to the most state-of-the-art laboratory spaces and equipment offerings for biotechnology, chemistry, and materials science companies in the Mid-Atlantic region.
DTP@STAR
The Delaware Technology Park (DTP) is a recognized leading East Coast non-profit research park, providing development-stage life science, information technology, advanced materials, and renewable energy companies with access to the resources and connections needed to drive and accelerate their economic success. DTP@STAR offers flexible, state-of-the art incubation space and access to the resources development-stage companies need to drive and accelerate their economic success. The facility opened in 2016 and is located in Newark, Delaware on University of Delaware’s expansive 272-acre STAR Campus.

Additional services

The DPP team’s services include working with prospects to review potential sites, cost-of-living details and funding opportunities, including available tax credits and incentives. The DPP team is often the first point of contact for site selection consultants, commercial real estate professionals and executives: Their no-charge services include: 1. Supporting clients in identifying and reviewing potential sites 2. Conducting familiarization tours to acquaint clients with the area 3. Reviewing cost-of-living for the communities being considered 4. Arranging meetings with key elected officials and regulatory agency representatives when appropriate 5. Exploring funding opportunities, including available tax credits and incentives.

Investor account, as submitted

“The reasons that we’re here are pretty simple: The local and state government create a really businessfriendly, forward-looking environment for companies like ours to grow. And the quality of life in Delaware and in Wilmington have really allowed us to create a winning culture.” – Denny Nealon CEO Barclays U.S. Consumer Bank

Submitted by the economic development organisation, not independently verified.

Who to contact

Megan KopisteckiSenior Manager, Business Developmentmkopistecki@choosedelaware.com(302) 669-5216

1007 North Orange Street Suite 317, Wilmington, DE 19801

What Delaware did not submit

These headings exist in the federal questionnaire and this jurisdiction left them blank. Blank means unanswered, not zero — it is not evidence that there is nothing there.

University programmes
Regional partner organisations

Source: SelectUSA FDI Database — U.S. Department of Commerce, International Trade Administration. All profile text above is Delaware Prosperity Partnership's own submission, carried verbatim. Snapshot: February 2025. Programmes close, budgets change and people move on; confirm with the organisation before acting on anything here.