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Delaware Business Times
DSU, Wellness Village ink workforce program deal
MILFORD — A $5 million grant will help solve an age-old problem in Delaware as two entities partner to care for the First State’s growing and aging population. The grant, made available through the congressionally directed spending process thanks to Delaware’s delegates – U.S. Sens Tom Carper and Chris Coons and Congresswoman Lisa Blunt Rochester (D-Del.) – was awarded from the U.S. Health and Human Services to Delaware State University’s Wesley College of Health and Behavioral Science.
Blunt Rochester raises $1.7M in Senate race
WILMINGTON — In the latest fundraising cycle that was reported at the end of June, U.S. Rep. Lisa Blunt Rochester raised $1.7 million in her campaign for the U.S. Senate, according to federal campaign records. Her campaign for the U.S. Senate seat which will soon be vacated by U.S....
People on the Move: July 26
People on the Move is a rundown of recent hirings, promotions, appointments and other notable movements by professionals in the state. If you’re interested in submitting an entry, please contact news@delawarebusinesstimes.com. Best Egg, a fintech company, announced Stephen Ovadje has been named chief consumer lending officer. Ovadje will oversee...
Quest for Clean Hydrogen
A couple of years ago, Dora Cheatham and some of her colleagues kept having this running conversation. “We would discuss how we needed more heavy water for various uses in Delaware,” she says. “In general, it’s hard to get hold of heavy water in the U.S. Since heavy water is a byproduct of electrolysis, that led us to discuss the production of hydrogen — clean hydrogen. So we started looking at doing that.”
Delaware Tech receives $75K for workforce development program
Delaware Technical Community College joined the Metallica Scholars Initiative (MSI), created by All Within My Hands (AWMH), a non-profit, philanthropic organization created by the members and management of the rock & roll band, Metallica. Each new college that joins the MSI receives $75,000 to enhance workforce training programs. “When we...
East Dover industrial park awarded $700K for prep
BEAR — A new industrial park may be rising in Dover, just in time to potentially tap into the joint-use agreement that may draw more commercial and cargo flights to central Delaware. The Council on Development Finance (CDF), the state’s economic development investment board, unanimously approved a $700,000 Site Readiness Fund grant for a project.
DE222 Honoree: Kevin Finn
Alma Maters: Boston University, University of Delaware. Boards: West Chester Business Improvement District. Q&A: What’s something interesting about you that isn’t on your resume? “I am an avid soccer player and still play in a 50+ league.”. Iron Hill Brewery & Restaurant founder and chairman Kevin Finn...
DE222 Honoree: Antimo DiMeo
Q&A: What was your first job? “Cashier selling slices at my family’s pizzeria.”. As an executive chef and partner with the Bardea Group, Antimo DiMeo is tasked with handling all kitchen operations and menu development at one of the hottest restaurant groups in the state. That includes showcasing a variety of fresh and modern techniques and flavors for Italian dishes, steaks and lighter fare at the group’s four Wilmington-based concepts led by Bardea Food & Drink and Bardea Steak. DiMeo’s creativity has earned acclaim, picking up two James Beard award nominations in the last five years, a rarity for a Delaware chef.
Beebe named top regional hospital in Del. by U.S. News & World Report
LEWES – Beebe Healthcare has maintained its status as a top Delaware hospital according to the U.S. News & World Report’s Best Hospital rankings. Driving the regional ranking was the seven “High Performing” specialty areas for procedures and conditions, including COPD, colon cancer surgery, heart attack, hip replacement, knee replacement, lung cancer surgery, and pneumonia.
Avelo to expands flight roster in November
WILMINGTON — Avelo Airlines announced on Wednesday that it will add routes from Wilmington Airport (ILG) to airports at Concord, N.C. and Lakeland, Fla. this fall. Flights to Charlotte, N.C. via the Concord Regional Airport, and Orlando, Fla. via the Lakeland Linder International Airport will start as early as Nov. 7, and will fly twice a week. Bookings are now live.
Delaware Leading in Innovation
Delaware is at the center of the Mid-Atlantic — a region that is home to about 60 million people, or about one fifth of the entire U.S. population. More than 150 colleges and universities are nearby. Philadelphia, Baltimore, Washington and New York are all just a short drive away on I-95.
WSFS donates $200K to community organizations
WILMINGTON – The WSFS CARES Foundation, the charitable arm of WSFS Bank, announced it has provided $200,000 grants to Be Ready Community Development Corp. and TeenSHARP, Wilmington-based nonprofits, in the second quarter. Be Ready Community Development Corp. Be Ready Community Development Corporation (Be Ready CDC) is a resident-driven community...
Creative economy data showcases $3.7B output
WILMINGTON — The Delaware Arts Alliance (DAA) is shedding a new light on a significant stage for economic growth in the First State – its creative economy. Executive Director Neil Kirschling debuted the groundbreaking new data in a press call Tuesday afternoon with Bracy & Associates President & Principal Consultant Latisha L. Bracy whose business helped the alliance research and come up with the CREATE Plan, or the Creative Economy Advancement & Tourism Expansion.
DE222 Honoree: Sam Calagione
Q&A: Best advice for your younger self? “Beer, water, beer, water … and so fourth.”. As the head of Delaware’s most successful brewery, the story of Sam Calagione’s rise in the local business world has been well-told since he founded the off-centered Dogfish Head Craft Brewery company with his wife, Mariah, in 1995. He’s still actively involved in the doings of Dogfish, which is now a Boston Beer Company brand, most notably by making creative recipes for all kinds of beverages with his thousands of coworkers. Their brand has expanded to major brick-and-mortar presences in Rehoboth Beach and Milton.
VIEWPOINT: It’s Time to Reimagine Healthcare in Delaware
The cost of healthcare is out of control. In the current fiscal year, the State of Delaware is spending nearly $2 billion on Medicaid and insurance plans for state employees and retirees—a $200 million increase over FY 2024. Governor Carney has repeatedly called the growth of healthcare expenditures “unsustainable,” and he’s right.
New partnership works to revolutionize water usage
NEWARK — A unique joint partnership focused on designing and commercializing technology to harvest water for HVAC systems, military operations and more will be investing $15 million in a new manufacturing facility in Newark. AirJoule LLC, a 50-50 venture between GE Verona and Montana Technologies, received approval from the...
DE222 Honoree: Tyler Akin
Alma Mater: University of Delaware, L’Academie de Cuisine. Boards: Independent Restaurant Coalition, Tower Hill School Alumni Council, Christ Church Episcopal Preschool. Q&A: Favorite thing about Delaware? “I love how intimate it is – you can’t go far without seeing a familiar face or a place where you’ve made memories over the years. It’s also great to be so close to Philly, New York, Baltimore and D.C. In my opinion, the Brandywine River Valley is as beautiful as anywhere in America and I feel really connected to it.”
All eyes on Wilmington as Biden endorses Harris
WILMINGTON — All eyes have turned to Delaware after President Joe Biden announced he was ending his re-election campaign via statement on Sunday afternoon, surprising many Democratic Party officials and his staff. Shortly after he issued a letter on the decision released on X, formerly known as Twitter, Biden...
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