Category: Startup

New Castle County today announced the finalists for NCC Innovates, an effort launched in 2018 to support local entrepreneurs. The winner will get a one-year membership to the Resident Incubator Program at the New Castle County Chamber of Commerce Emerging Enterprise Center. New Castle County-based entrepreneurs submitted their applications throughout May. Members of the Emerging Enterprise…

Mobile app puts campus security in students’ palms

By Roger Morris Special to Delaware Business Times Green Line Business Group’s first commercial product was Danio Diary, a mobile platform for friends and family members of patients to track medical updates in real time. Now the Newark-based startup is experimenting with another tool for closing the distance between those in need and the people…

Gov. John Carney on Thursday signed bill establishing a refundable tax credit for angel investors who support innovative startups. “We should do everything we can to support Delaware’s innovators and entrepreneurs who are leading Delaware’s new economy, and this law will help connect our most talented entrepreneurs with the resources they need to be successful,”…

The Delaware BioScience Association (Delaware Bio) applauded the Job Creation and Innovation Act for Small Technology Companies that is expected to pass Gov. John Carney’s desk this month. The bill establishes a 25 percent tax credit of up to $125,000 for angel investors that support early-stage companies engaged in innovative technology or scientific work. With…

The University of Delaware’s startup funding competition, Hen Hatch, yesterday announced 12 semifinalists from its student track and 10 from its alumni, faculty and staff track. This mix of new apps, tools and storefronts beat out more than 70 applications from all seven of UD’s colleges.The semifinalists are competing for $100,00 in cash and in-kind…

Dual School gives students mentorship and opportunity

By Larry Nagengast Special to Delaware Business Times Paul McConnell believes that education and economic development are inextricably interconnected. So it’s only natural that the Delaware real estate entrepreneur, whose firm manages Hercules Plaza in downtown Wilmington, would find space in the building for an innovative pilot program that enables high school students to create…

These consultants want some regulatory slack for fintech startups

Two former political advisers want to make Delaware a hub for the emerging financial technology sector. The effort is still in its early stages, but the basic idea is to create a regulatory lab or sandbox where companies can test their products without the burden of certain rules and regulations. Meghan Wallace, a consultant and…

After Kahunaville, David Tuttleman grows high-end marijuana business

By Ken Mammarella Special to Delaware Business Times “First and foremost, I’m a patient,” explained Wilmington resident and serial entrepreneur David Tuttleman, who uses marijuana to manage chronic pain. “Then I’m in the business.” His new marijuana business, Matrix NV, is not out foremost to make a profit, although it has. Its primary aim is…

SmartInvest Ventures, an international venture capital firm, has selected eight companies from its Life’s a Pitch completion to take part in Spark 2.0, a mentorship program that started yesterday with eight full-day workshops at The Mill. The eight companies, selected from a pool of fifteen participants, represent a wide variety of industries, backgrounds, and geographies:…