WILMINGTON, Del. (Sept. 24, 2025) — Delaware Prosperity Partnership’s (DPP) flagship website, ChooseDelaware.com, has earned a 2025 Excellence in Economic Development Award from the International Economic Development Council (IEDC), marking another national win for the state’s economic marketing efforts. The site received a Bronze Award in the General Purpose Website category for organizations serving populations over 500,000. Judges praised ChooseDelaware.com …
The Council on Development Finance (CDF) has approved nearly $4.5 million in taxpayer-backed grants, including nearly $2.9 million to Pepsi to “Pepsify” a 359,000-square-foot warehouse in Claymont. CDF is an advisor to the Delaware Economic Development Authority (DEDA). It is responsible for conducting public hearings before DEDA issues any bonds or provides other financing support to projects. Other applicants who …
CLAYMONT — Pepsi plans to ask the Council on Development Finance for nearly $2.9M in grant funding to “Pepsify” a 359,000-square-foot warehouse as part of the multi-use First State Crossing development at the site of the former Evraz Claymont Steel plant, according to documents obtained from the state following a Freedom of Information Act request. The application says PepsiCo Beverage …
This Week’s Top Stories Include Sussex Veterans Treatment Court to graduate 100th participant Delaware’s guide to Labor Day Weekend 2024 State $$$ to help Newark dairy upgrade filling machines The Blackwall Barn & Lodge coming to Avenue North Big plays ignite comeback win for Lake Forest Click on the image below to view the PDF Sonja Frey
A woman-owned organic dairy headquartered in Newark has been given an $858,400 state grant to help update equipment. Stephanie McVaugh, who in January bought Natural Dairy Products Corp., where she had been working since 1991, will apply that money to $4.3 million in new equipment to support the company’s Shelf-Life Extension Project. The dairy will replace aging, inefficient filling machines, …
A Miami-headquartered fintech company has opened a Wilmington office. Novo, a two-time member of the Forbes Fintech 50, has built a platform for small businesses that combines a checking account with an ecosystem of financial applications. It’s designed to help small businesses access their revenue faster, save time on business-critical tasks and manage their money any time on any device. …
A Wilmington machining company will use a new kind of state grant to offset the cost of $1.1 million in equipment upgrades. High-Tech Machine Co. Inc. received $219,525 from the new Modernization Investment Support Initiative, created earlier this year. The company will use the money to make almost $1.1 million in equipment upgrades that are necessary for computer numerical control …
