Category: News Updates

New Del. partnerships aim to diversify fintech

WILMINGTON – Two new partnerships aim to engage Delaware’s middle school-age girls in learning about technology and also assist minority entrepreneurs, which could help diversify the sector’s future workforce. First State Fintech Lab (FSFL), a Wilmington-based nonprofit dedicated to growing the financial technology sector in Delaware, and TechGirlz, a Philadelphia-based nonprofit that aims to engage…

Dot Foods approved for $150K NCC tax break

BEAR – The New Castle County Council approved a five-year tax incentive deal worth up to $150,000 for Dot Foods, which is building a $36 million distribution center in Bear that is set to open early next year. Ordinance 19-115, sponsored by councilmen Bill Bell and George Smiley, provides a property tax exemption for a…

ChristianaCare Community Investment Fund donates $2M to health initiatives

WILMINGTON – ChristianaCare has put $2 million toward its brand shift from health care system to an organization that delivers health to the people it serves, creating a Community Investment Fund that is supporting 32 statewide community organizations. More than 100 people packed the Francis X. Norton Center in Wilmington on Thursday, Dec. 12, to…

Tidemark FCU opens two new branches

SEAFORD – Tidemark Federal Credit Union opened two new branches in Selbyville and Long Neck this past summer, growing the Sussex County-based financial institution. The Long Neck branch, located at 24940 John J. Williams Highway, and the Selbyville branch, located at 36445 Lighthouse Road, are the fifth and sixth branches for the Seaford-based credit union…

Target coming to Prices Corner shopping center

WILMINGTON – Target has announced that it will open a new store at the Prices Corner Shopping Center off Kirkwood Highway, filling the space left vacant by the closure of the longtime Sears location in 2018. The national retail giant added the Prices Corner store, located at 3140 Kirkwood Highway, to its list of future…

Buccini/Pollin breaks ground on 92-unit complex

  WILMINGTON – What was once a furniture store in the Lower Market neighborhood of the city will become the Buccini/Pollin Group’s newest apartment complex in early 2021. Company officials, joined by Mayor Mike Purzycki and City Council President Hanifa Shabazz, broke ground Wednesday, Dec. 11, on The Cooper, a 92-unit complex located at 210…

LaVerne Harmon’s book on leadership gets to the heart of the matter

Stephen Covey for decades has been one of my favorite business authors and his “The Seven Habits of Highly Effective People” (1989) remains a timeless classic for businesspeople and leaders. I love all the Covey habits, but, at year-end, often a time for reflection, it’s good to take note of No. 7: “Sharpen the Saw.”…

Habitat to finish stalled WHP housing project

WILMINGTON – Habitat for Humanity of New Castle County and the City of Wilmington recently announced that the nonprofit would be stepping in to pick up the pieces of the Bennett Street redevelopment left in limbo by the collapse of the Wilmington Housing Partnership (WHP). Habitat is already working on building five homes along the…

Mayo Clinic, W.L. Gore announce stem cell venture

NEWARK — W.L. Gore & Associates Inc. and Mayo Clinic have formed a joint venture that will seek to create a product that utilizes stem cells to treat a painful condition connected to Crohn’s disease. If successful, it could lead to other implantable cell therapies to treat other debilitating conditions with no cure. The for-profit…

Ready in 6 report recommends ways to drive faster permit approvals

An independent analysis of Delaware’s permitting process has found that what is currently a disadvantage in landing regional economic development prospects could be reversed through streamlined communication between state agencies, greater transparency and cost predictability, and a fast-track approval program for high-priority projects. Delaware’s permitting process can take 24 months, placing it at a distinct…