Category: Innovation Delaware

Delaware Innovation Space embraces smaller startups

By Dan Linehan  Special to Delaware Business Times Like the emerging companies it cultivates, the Delaware Innovation Space has a growth timeline of its own. It started in March 2017 as an incubator guiding fledgling companies through their earliest stages. Like an egg incubator that controls heat and humidity to create an optimal environment to…

The opening of two new labs at Adesis’ New Castle headquarters is intended to catalyze the company’s expansion into the large-scale manufacturing of specialty chemicals. The labs comprise about 6,000 square feet, but their capacity is limited to where the chemistry happens: In the 32 fume hoods that line the walls. Each fume hood, a…

The steady rise of Prelude Therapeutics

By Dan Linehan Special to Delaware Business Times It’s natural to draw parallels between Kris Vaddi’s time discovering drugs at Incyte, where he spent 14 years, and his latest startup venture, Prelude Therapeutics. But there are many differences. At Incyte, Vaddi joined a thriving public company with hundreds of millions in cash and investments when…

Delaware BioScience Association opens new HQ

By Jon Hurdle Special to Delaware Business Times If you’re trying to promote the growth of one of Delaware’s most promising industries, it helps to have a space where budding entrepreneurs and startups can learn and collaborate together. That’s the experience of the Delaware BioScience Association, a trade group that recently moved its headquarters to…

Gov. John Carney on Tuesday finalized an agreement to lease the Port of Wilmington to GT USA Wilmington, LLC, the local subsidiary of global shipping company Gulftainer. The agreement lays out a plan to construct a new container shipping facility on the Delaware River, create jobs and bring $600 million in new investment over the…

Delaware’s innovation economy is supported by a diverse infrastructure of chambers of commerce, networking groups and industry associations. Located in the heart of Wilmington’s business district, the Delaware State Chamber of Commerce helps businesses of all sizes in Delaware achieve success through a variety of educational programs and business services, including: legislative advocacy, communications and…

Delaware has a long tradition of entrepreneurship and can-do spirit, enabled by a solid network of investors and business-development organizations. Delaware SBDC (Small Business Development Center) partners with the Technology Transfer Center at the University of Delaware’s Office of Economic Innovation and Partnerships to help the state’s entrepreneurial, technology and business community achieve new heights…

With many of the world’s leading companies headquartered in Delaware, a thriving industry of experts in intellectual property (IP) and patent law has emerged. As well as being the state with the most patents per capita in the U.S., Delaware also is one of the country’s busiest venues for patent litigation. IP Group helps entrepreneurs…

Delaware Business Roundtable Setting the First State on a Path to Growth The Delaware Business Roundtable is a coalition of approximately 60 CEOs and other leaders representing the state’s largest businesses. Members include executives from many Delaware companies including AAA Mid-Atlantic, Bayhealth, Capital One 360, Delmarva, Verizon, WSFS, JPMorgan Chase, Christiana Care and DuPont. Collectively,…