why delaware?
TRANSCRIPT
Where the WORLD comes to do business
Delaware: Delaware: Delaware:
Best Value Best Value Best Value in the in the in the Northeast Northeast Northeast U.S.A.U.S.A.U.S.A.
Ranked America’s
Most Most Most Business Business Business --- Friendly Friendly Friendly State State State
#1 #1 #1
Statistics at a Glance:
100 million people are within a one-day drive
40% of the U.S. population is within a few hours’ drive
50 major distribution centers are located in the area
80 commuter trains connect Delaware to major cities on the
East Coast
8 international airports are located within a short drive
Highly Educated, Talented WorkforceHighly Educated, Talented WorkforceHighly Educated, Talented Workforce
With more than 60 Universities and Colleges, the
Delaware region is truly committed to advancing
education for the success of its current and future
employers. Delaware ranks second in the U.S. for
NEW YORK CITY
WASHINGTON D.C.
BALTIMORE
DELAWAREDELAWAREDELAWARE
Port of Wilmington
Delaware’s workforce is the most innovative in the
country, with the most patents per capita than any
other state in the nation. There is an abundant supply
EDUCATION
Superior Access to Superior Access to Superior Access to U.S. MarketsU.S. MarketsU.S. Markets
Strategically located between New York City and
Washington, D.C., Delaware is at the core of the
country’s biggest market and it’s most densely
populated region. Convenient interstate highways
provide access to N.Y.C. and D.C. in less than 2.5
hours.
PHILADELPHIA
JP Morgan Chase, Barclaycard and BNY Mellon are
global financial companies in Delaware, making the state
a prominent Financial Center.
Dow Chemical, FMC and Air Liquide are just a few of the
many Chemical Manufacturing companies that have
found great success in Delaware. The University of
Delaware’s chemistry degree program consistently ranks
The University of Delaware’s Institute of Energy
Conversion, Center for Catalytic Science and
Technology, Fuel Cell Research and Center for
Carbon-Free Power Integration provide a strong
foundation of research and resources for local Energy
Companies that innovate in the fuel cell, biofuel and
UPS, Amazon and Wal-Mart all call Delaware home for
their important Distribution Centers to take advantage
CHEMICAL MANUFACTURING
FINANCIAL CENTERS
DISTRIBUTION CENTERS
The Biology and Life Science Industry is thriving in
Delaware, with notable front runners DuPont, AstraZene-
ca and W.L. Gore. Local companies have benefited from
the resources of Delaware’s many partners, such as the
Delaware Biotechnology Institute and the
BIO & LIFE SCIENCES
Diverse Economy Diverse Economy Diverse Economy
ENERGY
The Delaware Capital Access Program
provides portfolio insurance to enable financial
institutions to expand small business lending.
The Delaware Strategic Fund offers
low-interest loans and grants to businesses for job
creation, relocation, expansion and Brownfield
redevelopment.
The Delaware Technical Innovation
Program supports business research through
funding transition grants that will bring innovative
Access to Capital Tax Incentives
DELAWARE
DEVELOPMENT OFFICE
CORPORATE & INTERNATIONAL
Carvel State Office Building
820 N. French Street, 4th Floor
Wilmington, DE 19801
The Blue Collar Jobs Credit offers a 10-year
credit against income and gross receipts taxes if your
business meets the location requirements and hires
at least five full-time employees in Delaware.
The Green Industries Credit is offered to
manufacturing companies that exhibit a reduction in
wastes released through their production processes
over a 12-month period.
The New Economy Jobs Credit offsets banking
franchise, general premiums tax and income tax to a
BEST BEST BEST business tax climate
BEST BEST BEST economic return on
investment per employee
LOWEST LOWEST LOWEST rental rates for office
and industrial space
LOWEST LOWEST LOWEST cost of living
Delaware has reasonable taxes, with no sales tax, no
VAT and no state real property taxes. The local real
property taxes are very low. To foster local businesses,
the State offers options for financial assistance and many
Delaware: the Best Value in the Northeast U.S.A.Delaware: the Best Value in the Northeast U.S.A.Delaware: the Best Value in the Northeast U.S.A.
+1 302-577-8464
www.Trade.Delaware.gov
Here are just a few of the many programs and incentives offered: