U.S. Census data show that Delaware is one of the oldest states in the country. This has several implications; however, notable among these is housing. We do not have enough senior housing inventory to accommodate the fastest growing segment of our population. This means we need to build more apartments with elevators and senior living facilities offering a wide range of care options, from independent living to part-time care and full-time assistance. Lifelong Delawareans need these options, as do the thousands of newcomers to our state who have relocated here from New York, New Jersey, Pennsylvania, Maryland, Washington, D.C., and Virginia. But hidden within this reality is the housing need for working adults who support this population of seniors. Where will the EMT’s and paramedics live? What about the nurses, hospitality workers at our restaurants and hotels, and retail employees at our outlets, pharmacies, and grocery stores? The list of working-age adults and the jobs they perform to support this older population, and all of us, is very long. Land-use planners should take a hard look at current zoning maps and give serious thought to these present-day realities. We have all heard stories about how expensive senior living options are and how high rents have become. In my opinion, there is a direct correlation between the shortages we experience in senior living and multifamily inventory and the prices charged for these limited living spaces. If you agree, it follows that a greater abundance of inventory will benefit seniors, working-age adults, and their families.
On the other hand, some might counter that land prices are inflated, and therefore the economics of impacting housing prices are negligible. Perhaps that’s the case. One potential “work around” could be for the state government, which is a substantial property owner, to abandon older or unimproved properties in its possession and make them available for development. Many of these state-owned properties were probably purchased decades ago and were once at the edge of development. Today, however, some of these sites are in the middle of developed communities and could be converted to address the costly nature of land prices. Whatever the case may be, we need to get busy making the need for diversifying our housing inventory a reality.
DELAWARE BUSINESS
EDITORIAL STAFF
Marie Holliday, CPA Chair Michael J. Quaranta President
BOARD OF DIRECTORS
CHAIR
Marie Holliday, CPA
The Bonadio Group
VICE CHAIR
John C. Gooden
M. Davis & Sons, Inc.
Catherine M. Bassett
Mountaire Farms
Andrew Cottone, Ph.D.
ADESIS
Dr. LaVerne T. Harmon
Wilmington University
Tom Horne
JPMorgan Chase
Natalie Keefer Bank of America
BOARD OF GOVERNORS
Michael A. Albero, CPA, MST*
AKA Advisory, LLC
Tony Allen, Ph.D.
Delaware State University
Pierre Anderson
Artesian Water Company, Inc.
Steve Baccino
Chesapeake Utilities
Christopher W. Baker
George & Lynch, Inc,
Greg Ballance
Diamond Technologies
Mike B. Berardi
Wohlsen Construction Co.
Adam Blackford
Agilent Technologies
Robert A. Book II
Delaware Electric
Cooperative
Julian H. “Pete” Booker
Delaware Public Media
Jennifer Gimler Brady
Potter Anderson & Corroon LLP
Dr. Mark T. Brainard
Delaware Technical Community College
Beth G. Brand University of Delaware
Desa Burton
Zip Code Wilmington
Robert L. Byrd
ByrdGomes
Patrick Callihan Tech Impact
Christopher Carroll Comcast
Stuart Comstock-Gay Delaware Community Foundation
Charlie Copeland
Associates International, Inc.
Pam Cornforth
Ronald McDonald House Charities of Greater Delaware
Jason Danner
Kelly Benefits Strategies
Rick Deadwyler
Corteva Agriscience™
STAFF
Ernest Dianastasis The Precisionists, Inc.
Brian DiSabatino EDiS Company
Walter Donaldson Freeh Sporkin & Sullivan, LLP
Lisa M. Donlon, PE VanDemark & Lynch
Janet Dougherty
Fulton Bank, N.A.
Thère du Pont
Longwood Foundation
Jerry Esposito Espo Enterprises, LLC
G. Kevin Fasic, Esq. Offit Kurman
Brian Frazee
Delaware Healthcare Association
Donald T. Fulton
Weiner Benefits Group
Martha S. Gilman
Cornell Property Management Corp.
Joseph V. Giordano
Whisman Giordano & Associates, LLC
Terry Glebocki
Delaware Park Casino & Racing
Jason D. Gonzalez DuPont
Logan S. Herring, Sr. The WRK Group
Kirsten Higgins Tidewater Utilities, Inc.
Bayard Hogans Enstructure Mid-Atlantic
Michael Houghton
Morris, Nichols, Arsht & Tunnell, ret.
Tim Houseal†
Young Conaway Stargatt & Taylor, LLP
Jessica Hunt
Siemens-Healthineers
Mark Hutton M&T Bank
LeVar Johnson Novo Nordisk
Regina Donato
Editor
Robert McGuckin
Verizon
Michael A. Meoli
The Meoli Companies
Nicholas A. Moriello, RHU Highmark BCBS Delaware
Christina Jones Graphic Design
Greg Smith The Chemours Company
David A. Tam, MD, MBA, CPHE, FACHE Beebe Healthcare
Bridget Therriault AstraZeneca
Ann B. Wayne SUN Behavioral Delaware
Cathy Kanefsky Food Bank of Delaware
Colleen Perry Keith, Ph.D. Goldey-Beacom College
Melissa Kenny ShopRites of Delaware
Apollo Khine
Barclays US Consumer Bank
Matthew Lantagne TD Bank
Rodger Levenson WSFS Bank
Alan Levin
SoDel Concepts
Andy Lubin
Delaware Financial Group
Mac Macleod Carvertise
Scott Malfitano CSC
William E. Manning
Saul Ewing LLP
Mark R. Marcantano, JD Nemours Children’s Health, Delaware Valley
Paul M. McConnell
McConnell Development, Inc.
Katie McEvoy AT&T Delaware
Gregory Miraglia PNC Bank
Jeff Mitchell
Siegfried Advisory
Jonathan D. Moll, CPA Belfint, Lyons & Shuman
Chad Moore Beacon Hospitality
Terry Murphy
Bayhealth Medical Center
Janice Nevin, M.D., MPH ChristianaCare
Chris O’Neill PSCI
Jed Patterson
LabWare
Chris Perdue Perdue Farms
Robert W. Perkins Brandywine Public Strategies
Chip Rankin MilliCare
Michael Ratchford W. L. Gore & Associates, Inc.
Lloyd A. Ricketts
Wilmington University
Robert “Rob” Rider, Jr. O.A. Newton
Bettina Tweardy Riveros ChristianaCare
Salvatore J. “Chip” Rossi Bank of America
James J. Roszkowski Discover Bank
Rhett Ruggerio Ruggerio Willson Watson
Dennis M. Salter
Edinburgh Capital Management LLC
Greg Sawka Bancroft Construction Company
Chris Schell
Schell Brothers
Robert S. Smith Santora CPA Group
Mark Stellini Assurance Media
Mike Tatoian
Dover Motor Speedway
Jim Taylor
Saul Ewing LLP
Ivan Thomas DETV
Jana Tidwell
AAA Club Alliance
Michael S. Uffner AutoTeam Delaware
Mike Vanderslice Environmental Alliance, Inc.
Phillip J. Vavala Delmarva Power
Rod Ward CSC
Robert W. Whetzel
Richards, Layton & Finger Ed Winslow Citizens Bank
Kevin M. Wolfgang Evergreen Apartment Group
*Treasurer †Counsel Michael
Damon Howard
Manager, Digital & Print Advertising
Tyler Micik
Director, Public Policy & Government Relations
Helana Rodriguez Director, The Partnership
Amanda Schimmel
Manager, Marketing & Accounting
Kerri Welcher
Manager, Events
Michael J. Quaranta
LEGISLATIVE PRIORITY
General Assembly Resumes: Key Bills, Executive Orders, and Budget Concerns
BY TYLER MICIK
THE GENERAL ASSEMBLY
returns to session this month following a five-week break for Joint Finance Committee (JFC) hearings. Prior to the break, several business-related bills and resolutions were introduced and saw movement, such as SB 46, HB 13, and SCR 12.
Of note, SCR 12 establishes a Retail Crime Prevention Task Force, on which the State Chamber has a seat. The group will examine and recommend courses of legislative, regulatory, operational, and judicial action that consider or address retail crime broadly. The co-chairs of the task force are directed to compile a report containing a summary of its work regarding the issues assigned to it, including any findings and recommendations, no later than Feb. 1, 2026. The State Chamber looks forward to serving on the task force and is grateful for the opportunity to help provide meaningful solutions to combat organized retail crime—which is a top priority of the Delaware Retail Council, an affiliate of the State Chamber and the National Retail Federation.
education and healthcare (including Medicaid), which account for over half the budget.
Governor Meyer also issued a couple of key executive orders that the State Chamber supports, including Executive Order (EO) #1 and Executive Order #4. EO #1 establishes a statewide working group tasked with developing proposed processes and policies to expand youth apprenticeships and workforce development across the state. EO #4 establishes a working group to develop a plan to create a “one-stop shop” for projects in all three counties to streamline permits and licenses.
While the actions above are good news for businesses, challenges lie ahead. At the time of this writing, the Joint Finance Committee finished its first week of budget hearings, during which concerns were raised about the state’s budget, which some claim is growing unsustainably. Governor Meyer is expected to release his recommended budget in March. Until then, the JFC is working off former Governor Carney’s FY 26 recommended budget, which he released in early January before resigning. His recommended budget totaled $6.5 billion—a 6.9% growth over this year’s FY 25 budget. The costliest items were public
This, combined with the uncertainty around what’s happening nationally regarding tariffs, federal funding freezes, and statements of intent from a few notable CEOs to reincorporate their companies outside Delaware, is raising feelings of uncertainty among businesses, policymakers, and consumers alike. I’ve said this before, but it’s worth repeating: We’re in a time of uncertain and uncharted economic territory. In good economic times, policy decisions can afford to be “roughly right,” but in times like the present, policy decisions must be more accurate than ever before. This includes decisions like the ones mentioned above, as well as the state’s budget.
Over the next few months, the State Chamber looks forward to working with policymakers to support our members. It’s our goal to support policies that solve businesses’ needs and provide them with the predictability they are looking for so that Delaware can thrive and remain a competitive place to do business. To stay up to date on what’s happening in Dover or join one of our policy committees, contact me at tmicik@dscc.com.
Tyler Micik is the Delaware State Chamber of Commerce’s director of public policy and government relations.
Member news&Notes
BUSINESS SPOTLIGHT: DETV
››Focusing the camera on all the positive things happening Delaware, DETV Founder Ivan Thomas has helped reshape the modern media landscape in Delaware. Based in Wilmington, DETV connects with its viewers through a variety of programming by celebrating the stories and voices that make the First State unique.
“I had an idea about 15 years ago to create a platform the community can use regardless of race, color, religious background, or politics,” Thomas says, who is a lifelong Delawarean. “I wanted to create something that brought my community together.”
Thomas’ journey to founding DETV is deeply personal. “When I created DETV, I was in a deep depression,” he recalls. “I was in a Buddhist temple, and this lady walks up to me and says, ‘Do you understand the power of pictures?’ And I said no. She said, ‘Pictures have still energy. They can have a person relive a moment within a second of looking at a picture.’”
And for Thomas, that was the spark. He started taking pictures, learning the science of photography, and then telling stories. “That’s when I saw the gap of information and thought, ‘How can I fill it?,’” reflects Thomas.
“Good Morning Wilmington,” the station’s flagship morning show, delivers local news and events to start the day. Political discussions take center stage on “The Agenda,” while “Every Woman” showcases the resilience and creativity
BY REGINA DONATO
of women from diverse backgrounds. Sports fans tune in weekly for local and national updates, and “DETV Kids” inspires the next generation of storytellers with hands-on training in broadcasting and photojournalism.
“Here in Delaware, it used to be an oasis. For a while, it became a desert for good journalism, good news, and good information,” Thomas says. “That’s what DETV and other organizations are going to fill. We’re building a market in Delaware that hasn’t existed in a very long time.” Thomas stresses the importance of working together. “We’re not in competition; we’re in collaboration with other news outlets in the state. We ultimately just want to get information to the people.”
Thomas and the DETV team are passionate about providing unbiased, quality information. “It’s not just about creating content,” he says. “It’s about creating a listener and a viewer who understands. We need to educate our
audience on how to be part of the conversation, not just the subject of it.”
Thomas’ key to providing the highest quality content is simple: “PUTP — Pick up the phone. Trust, but double-check.”
As the media landscape evolves, DETV evolves with it. “One day I woke up and realized it’s not just about TV,” Thomas says. “The days of appointed TV watching are done and over. I went out onto the street and asked, ‘How are you consuming content?’” These answers shaped DETV’s strategy, who ensures the station is now accessible across platforms like TikTok, Instagram, Facebook, YouTube, and its website.
Whether through timely political debates, morning shows, or covering important community events, DETV is committed to fulfilling Thomas’ original vision of 200% positive news, 100% of the time. “I get paid to work with good friends and do something I love,” concludes Thomas. “It’s the American dream.”
Photo by Saquan Stimpson
Member news&Notes
NONPROFIT SPOTLIGHT: Cinnaire
BY AMANDA SCHIMMEL
››With more than 30 years of investing in Delaware communities, Cinnaire serves as a bridge between banks and communities, investing in high-impact projects that traditional lenders may avoid due to perceived risks. These projects— spanning affordable housing, community facilities, and other transformative initiatives—are designed to uplift individuals and neighborhoods.
Originally known as the Delaware Community Investment Corporation, the organization merged with the Great Lakes Capital Fund in 2013, significantly expanding its footprint across the MidAtlantic and Midwest regions.
“At Cinnaire, we believe in investing in people and places to transform lives and create sustainable opportunities for
all,” says Vice President of Community Connection Dionna J. Sargent.
Guided by its theory of change, Cinnaire prioritizes economic equity, ensuring that its financial investments benefit developers, residents, and holistic community development. By leveraging tools such as Low-Income Housing Tax Credits, investments, and loans, Cinnaire has supported impactful projects, including the Village of St. John (Ministry of Caring), Amani Village (REACH Riverside), and The Flats (Woodlawn Trustees/HDC Mid Atlantic).
A key component of Cinnaire’s policy and advocacy work is collaboration, which plays a significant role in its operations. With a current shortage of 22,000 housing units in Delaware, Cinnaire works alongside organizations
like the Housing Alliance of Delaware and the Delaware Affordable Housing Coalition to advocate for increased state funding to support affordable housing development and preservation.
“Beyond housing, we also invest in community facilities that bring essential services to neighborhoods, such as the Henrietta Johnson Medical Center in Southbridge,” adds Sargent. “A big part of our work involves engaging with the communities to identify gaps in existing funding tools, develop new solutions for both large- and small-scale projects, and ensure that residents—those who know their neighborhoods best—are central to shaping the priorities and needs of their communities.”
In 2020, Cinnaire launched Jumpstart Wilmington to empower and train
aspiring real estate developers in the area. Recognizing barriers to traditional financing, particularly for emerging developers, Cinnaire also created a loan program to support the participants’ projects.
“Oftentimes, it’s very challenging for new developers to obtain access to capital, but they can be very capable of developing property with the right tools and network,” Sargent says. “We created this loan program to break down those barriers for underrepresented developers.”
Another initiative, the Catalyst Fund, helps developers overcome financial obstacles. In partnership with the Delaware State Housing Authority, this program combines construction financing with gap subsidies to cover the difference between rehabilitation costs and sale prices. Funded through ARPA dollars, the program also includes a developer fee incentive. Homes created through the program will be sold to individuals or families earning up to 120% of the area median income, which Sargent says “addresses housing needs across various income levels during the ongoing affordable housing crisis. This is our working class—our teachers, our nurses, our service workers—who directly benefit from this program.”
Above all, Cinnaire’s success stems from its core values: integrity, honesty, and transparency. These principles, combined with an entrepreneurial spirit, inspire a collaborative environment where team members feel empowered to share ideas and improve outcomes. “Our team works and lives by these principles, and it’s evident in our longlasting commitment to bettering our communities every day,” finishes Sargent.
COMMITTEE SPOTLIGHT: Joint Military Affairs Committee
BY TYLER MICIK
››The Joint Military Affairs Committee (JMAC) brings the business community and the Delaware National Guard together to connect and support our service members and their families through events like the annual Francis D. Vavala National Guard Youth Golf Tournament and the State of the Guard Address.
In February, the JMAC held its annual State of the Guard event at the Delaware National Guard Joint Force Headquarters in New Castle. Brigadier General Michael J. Karwatka, director of the joint staff for the Delaware National Guard, provided a briefing on its current missions, operations, and personnel. Attendees also had the chance to learn about the Guard’s Counterdrug Task Force and view capability demonstrations and equipment used by the task force. The task force’s mission is to support the detection, interdiction, disruption, and curtailment of drug trafficking activities and drug use through the application of military-unique skills and resources.
An annual highlight of the event is the presentation of the Warrior Friendly Business Award. It is presented to two businesses each year. This year’s honorees were Dover Federal Credit Union and Chesapeake Utilities, who are doing extraordinary work to support our military members. On behalf of the State Chamber, congratulations to both organizations!
Many of our members at the State Chamber prioritize hiring veterans because they learn durable skills that are transferable from their military to civilian careers—making them highly valuable, especially during a time when employers are struggling to find top talent. Does your business support our military members and their families? Does it prioritize hiring active-duty members and veterans? If so, we hope you’ll join the JMAC and consider applying for next year’s Warrior Friendly Business Award! To learn more, contact me at tmicik@dscc.com.
Safeguarding Innovation and Promoting Economic Growth
CONTRIBUTED BY THE UNITED STATES PATENT AND TRADEMARK OFFICE
››In the ever-evolving landscape of innovation and entrepreneurship, the United States Patent and Trademark Office (USPTO) plays a crucial role in the nation’s innovation ecosystem. As one of the oldest federal agencies in the U.S., the USPTO is responsible for granting patents and registering federal trademarks to ensure that inventors and businesses can protect their intellectual property (IP), such as groundbreaking inventions, brands, and artistic works.
Intellectual property drives the engine of the nation’s economy. Through IP protections—such as patents, trademarks, copyrights, and trade secrets—individuals and businesses alike can more effectively share, commercialize, and enforce creativity.
IP and its protections are as old as the nation itself; they appear in the U.S. Constitution and were reinforced with the issuance of the first U.S. patent in 1790. Since that time, over 12 million U.S. patents have been issued. Patents—which help generate more than $8 trillion in economic activity annually in IP-intensive industries—are critically important to incentivizing innovation and investment, growing America’s economy, and solving worldwide challenges such as climate change and pandemics.
Delaware is no stranger to intellectual property. As the first state to officially ratify the U.S. Constitution, inventors within its borders have been contributing to the nation’s technological progress since the country was young. One such
example was Oliver Evans, the inventor of a high-pressure steam engine, who was born in Newport, Del. in 1755. He was granted several patents within the first years of the patent system. Patent models now housed at the Hagley Museum and Library in Wilmington reveal a plethora of technologies patented by Delaware inventors. These include an early refrigerator, an apparatus for operating shuttle boxes for looms, and an improved indicator for train stations. Several National Inventors Hall of Fame inductees have connections to Delaware, including Evans. Harry Coover, the inventor of Super Glue, was born in Newark in 1917. Maria Telkes, a pioneer in solar technologies known as the “Sun Queen,” taught and researched at the University of Delaware for much of her later career. Stephanie Kwolek, the inventor of Kevlar, perfected her technology in DuPont’s Wilmington research lab. These are just a few examples of the many innovators from Delaware who have improved the lives of Americans over the generations. Through a range of resources and initiatives, the USPTO ensures that Delaware’s innovators and businesses have the tools they need to protect their intellectual property and bring their ideas to life. USPTO’s Northeast Regional Outreach Office hosts free webinars and events that cover a wide range of topics, from the basics of IP protection to advanced strategies for leveraging patents and trademarks to drive business growth.
Elizabeth Dougherty, regional director in the U.S. Patent and Trademark Office’s Northeast Regional Outreach Office, took the time to learn about the innovations coming out of University of Delaware before delivering the keynote address at the Inventor’s Recognition event, held on October 22, 2024. Photo courtesy of the University of Delaware.
Another resource available to Delaware inventors and small business owners is the USPTO’s Patent Pro Bono Program, a nationwide network of independently operated regional programs that match volunteer patent attorneys and agents with financially under-resourced inventors and small businesses to provide free legal assistance in securing patent protection. The USPTO’s presence in Delaware is a testament to our commitment to empowering innovators and promoting economic growth throughout the state. They will continue to support a culture of innovation to drive the state’s business development and contribute to the broader national innovation landscape.
For more information on inventor and entrepreneur resources, visit the USPTO’s website at www.uspto.gov.
Delaware Businesses Honored for Supporting Military and Veteran Talent
››The Joint Military Affairs Committee (JMAC) of the Delaware State Chamber of Commerce and New Castle County Chamber of Commerce named the 2025 recipients of the Delaware Warrior Friendly Business Award: Chesapeake Utilities and Dover Federal Credit Union. This honor recognizes businesses’ efforts to support service members, veterans, and their families through workplace initiatives.
Chesapeake Utilities
Chesapeake Utilities Corporation is committed to building a workforce that reflects the diversity and resilience of the communities it serves. Recognizing the value veterans bring, the company actively recruits service members and supports their transition into civilian careers. In 2024, Chesapeake Utilities partnered with over 130 veteran service organizations, leading to the hiring of 12 veterans and bringing the total number of veterans in its workforce to 102. Chesapeake Utilities further extends support through its Veterans Employee Resource Group (ERG), which fosters camaraderie, provides mentorship for navigating civilian careers, and promotes career development while raising awareness of veterans’ strengths.
“Veterans bring leadership, teamwork, adaptability, and technical expertise to Chesapeake Utilities,” said Michael Cassel, vice president of governmental and regulatory affairs at Chesapeake Utilities. “Through veteran recruiting, our employee resource group, volunteering
and partnerships, we honor veterans, military families, and reservists. Being named a Warrior Friendly Business highlights our commitment to diversity, inclusion, and supporting those who serve.”
Dover Federal Credit Union
Dover Federal Credit Union serves a membership that includes U.S. military personnel, Delaware National Guard members, civilian employees at Dover Air Force Base, their families, and members of affiliated organizations like Friends of Bombay Hook. The credit union supports service members, veterans, and their families through targeted hiring initiatives, including recruitment at military job fairs, collaboration with the Veterans Multi-Services Center, and hiring veterans for its retail department.
“Members of the military community, from active duty to veterans and their families, are such an influential part of
our Credit Union’s rich history,” says Deb Jewell, AVP of marketing at Dover Federal Credit Union. “While we were founded in 1958 by Dover Air Force Base and civilian members, Dover Federal Credit Union has remained committed to serving our military community, including their spouses and children, by providing financial stability and empowerment. This award reflects the conscientious efforts that our credit union takes to create employment opportunities, provide financial education and resources, and offer equitable access to financial products and services for those who have sacrificed the most for our country.”
The honorees were recognized at the JMAC’s State of the Guard Address on Thursday, February 20, which included the annual State of the Guard briefing to the community on current missions, operations, and people of the Delaware National Guard.
Making Delaware the Heart-Healthiest State
HEART IN THE GAME TEAMS WITH JPMORGANCHASE’S “TECH FOR SOCIAL GOOD”
CONTRIBUTED BY HEART IN THE GAME
››Heart in the Game is a nonprofit organization aimed at eliminating preventable sudden cardiac arrest in youth by staging EKG screenings and training in CPR/AED across the state of Delaware. In fall 2024, the organization was chosen to participate in a Code for Good hackathon hosted by JPMorganChase.
The Tech for Social Good team at JPMorganChase focuses on building technological capacity for socially focused organizations and increasing access to technology experiences for community members, all underpinned by the skills of the firm’s technology workforce. The Code for Good hackathon, a Tech for Social Good program, brings together technologists and socially focused organizations to generate ideas for solving real-world problems.
Heart in the Game was one of only two nonprofit organizations based in Delaware selected for the hackathon.
The following student-built prototypes were proposed:
Fourteen teams of university and college students from across the country gathered at the JPMorganChase Global Technology Center in Delaware to work on challenges submitted by local nonprofit organizations. Seven teams took on the challenge of using technology to raise awareness and advocacy for sudden cardiac arrest and life-saving training measures. Notably,
• AI Chat Box: Defined sudden cardiac arrest and heart attack, including instructions for how to use CPR and AED.
• Increased Accessibility: Developed interactive elements, including navigation buttons and access to organizationspecific forms.
• Gamification: Created interactive games to entertain users while increasing their knowledge of the nonprofit and how to be an advocate.
• Dropdown Functions: Included a list of songs whose rhythms imitate CPR compressions.
• Enhanced SEO Optimization: Improved search engine optimization (SEO) by restructuring the organization’s existing website.
• Improved User Experience: Designed a clearer visual structure, making the website easier to navigate and faster to use.
• Reimagined Organizational
Tracking: Created a process to help the nonprofit track insights and streamline organizational processes for staff.
Heart in the Game left the hackathon
with a collection of forward-thinking solution prototypes set to inspire future initiatives and strengthen its mission to make Delaware the “hearthealthiest” state and a model for the nation. The organization is exploring how artificial intelligence and chatbots can be leveraged to better educate users on heart health, distinguish between sudden cardiac arrest and heart attack, and provide practical instructions on CPR and AED usage during emergencies.
By incorporating gamification, Heart in the Game aims to create engaging games that not only entertain but also deepen users’ understanding of the nonprofit’s mission and empower them to become advocates. Additionally, the organization seeks to restructure its website to improve visibility, outreach, and user experience. These initiatives are paving the way for Heart in the Game to enhance its mission and plan future steps with renewed clarity and purpose. Heart in the Game team members Greer Firestone and Rich Wagner noted that they left the event “inspired and honored to be chosen for Code for Good.” Firestone added: “Our next step is to speak to legislators for amendments to the 2014 Grace Firestone Act for Sudden Cardiac Awareness to make Delaware the ‘heart-healthiest’ state. To that end, we have partnered with the American Health Association.”
Chair Message
BY MARIE HOLLIDAY, CPA
››The Government Accountability Office estimates that fraud in the federal government costs taxpayers between $233 billion and $521 billion each year. Our current presidential administration has promised an increased focus on fraud, waste, and abuse. Tech giants are visibly aligning with these initiatives and recommending artificial intelligence (AI) to help detect fraud in government. But is AI really the magic bullet that can stop these losses?
Last year, the Association of Certified Fraud Examiners released its first-ever Anti-Fraud Technology Benchmarking Report to give professionals a sense of what tech products are available to combat fraud and how they are being used in both the private and public sectors. Ninety-one percent of organizations surveyed were already using some form of automated data analysis—such as flagging suspicious transactions—to prevent fraud, and the top risk areas being monitored were disbursements and purchasing. The use of AI is expected to triple over the next two years due to widespread adoption of generative AI. Even now, professionals can use programs like ChatGPT to analyze datasets, read contracts, and identify inconsistencies in text exchanges that may indicate fraud.
What about state government? Are there fraud detection use cases in Delaware? The answer is yes—many of them, even in niche areas. For example, New York state is currently piloting FraudFindr, a software for aging services agencies to detect financial exploita-
tion of older consumers. Social service caseworkers are analyzing consumer financial records for suspicious transactions and stopping abuse faster. AI categorizes the transactions and looks for trends and anomalies indicative of financial abuse. Law enforcement agencies nationwide also use the software, and their findings support prosecution and other forms of intervention.
For our state to successfully deploy technology to combat fraud, here’s my advice:
Assess data readiness and integrity: Before investing in software, departments need to ensure they have the appropriate data available for analysis—and in the proper format. As the adage goes, “garbage in, garbage out,” and we cannot afford more waste.
Assess skill sets within departments: Does the department have the resources for implementation, not just in terms of bandwidth but also experience? If not, should they hire or outsource the task?
Embrace public-private partnerships: Out of the box anti-fraud tech solutions are readily available. While many states and municipalities have historically developed their own databases and other programs, the rapid pace of technological change is too fast for governments to manage alone. Nor should departments attempt change management without experience. Private businesses in Delaware are ready to assist with procurement and implementation of projects like these.
No organization is immune to fraud. As a Delaware taxpayer, I urge the State to adopt these AI technologies as soon as feasible to prevent or minimize fraud.
A Roadmap to Prosperity
THE 2025 COMPETITIVENESS BLUEBOOK OFFERS DATA-DRIVEN TAKEAWAYS ON DELAWARE’S ECONOMIC HEALTH
››The Delaware State Chamber of Commerce recently released a new publication, the 2025 Competitiveness Bluebook, to provide an in-depth, unbiased, and data-driven analysis of the state’s economic health across nearly 60 metrics. The goal of the Bluebook is to track year-over-year performance, highlighting areas where our state performs well and identifying opportunities for improvement before it’s too late. This collective knowledge will, in turn, better inform policy decisions.
DELAWARE’S STRENGTHS AT A GLANCE
Innovation: Delaware stands out for its investments in venture capital (third per capita) and research and
BY KELLY BASILE
development spending (sixth per capita). When comparing our tiny state—in geography and population— our spending per capita in these areas places us with giants like California, New York, and Massachusetts who have longtime invested in the startup and innovation economy.
Private Sector Growth: Delaware’s state liability system is the best in the nation and consistently ranks at the very top. This is one of many reasons why Delaware saw more than 298,165 entities form in 2023 and ranks second in the nation for business applications per capita. It’s important to protect this “product,” as it contributes to one-third of the State’s revenue.
Workforce: CNBC placed Delaware seventh on its 2024 workforce ranking. The state ranks in the top 10 for both annual average investment per employee in manufacturing (eighth)— one of Delaware’s growing sectors— and highest median wage for the tech workforce (ninth). Additionally, 15.5% of the workforce holds an advanced degree, placing Delaware 13th.
Supporting industries like technology, biotechnology, advanced manufacturing, biopharmaceuticals, and health care will bring more employees with advanced degrees to the state who will, in turn, pay higher income taxes and support the local economy around where they live and work. With skilled
workers increasingly in shorter supply and the definition of qualified workers expanding, it becomes imperative to continue looking for ways to enhance, attract, and retain our workforce.
OPPORTUNITIES TO IMPROVE DELAWARE’S COMPETITIVENESS
Demographic and Future Workforce:
While Delaware benefits from positive in-migration (16th), particularly when compared to neighboring states like Pennsylvania, Maryland, New Jersey, and New York, much of that growth is attributed to retirees and our ranking as the fifth oldest state. This demographic shift will have profound implications for the state’s future workforce, education and healthcare systems, and public investment decisions. Delaware’s declining labor force participation rate— from 62.27% in 2019 to 59.17% in October 2024—is in part due to an aging workforce. It is the lowest rate among neighboring states, including Virginia, Maryland, New Jersey and Pennsylvania.
Cost of Doing Business and Business Friendliness: CNBC ranked Delaware 46th—down 20 places from 2023—for business friendliness and 44th for cost of doing business in 2024. Combined with ranking 50th for corporate taxes and 42nd for individual income tax by the Tax Foundation, Delaware must consider strategies around expediting permitting and approval processes, controlling wage and utility costs, supporting emerging industries, and protecting incentives and tax breaks offered to reduce business costs.
DELAWARE’S STRENGTHS
• 1st state liability system, best in nation
• 2nd business applications per capita
• 2nd roadway investment per capita
• 3rd venture capital investment per capita
• 6th R&D spending per capita
• 7th workforce
• 10th economic strength
OPPORTUNITY AREAS
• 34th in CNBC’s Top States for Business
• 6th oldest population
• 50th corporate tax & 42nd individual income tax
• 44th economic, fiscal, & regulatory freedom
• 42nd gross domestic product
• 11th for business taxes per employee as a share of all taxes and GSP
• 5th for health care services expenditures per capita
Health Care Expenses: Delaware ranks fifth in the U.S. for health care expenditures per capita and seventh highest for total percent of personal income. Medicare is a major contributor to this issue, which ties back to the state’s aging population. Focusing on attracting a younger population is crucial, as they tend to be higherspending consumers who contribute more to the economy.
WHAT’S NEXT?
This is just the beginning. While some
strengths and opportunities were outlined, there is much work to do around infrastructure, education, housing, and more. Over the course of 2025, the Delaware State Chamber will provide in-depth analysis of some of the key data from our Competitiveness Bluebook to help us understand and chart a path forward.
We urge policymakers and business leaders to use the data to create smart policies to move our state forward and create prosperity for every Delawarean.
See where Delaware ranks across numerous economic indicators in the 2025 Competitiveness Bluebook for Delaware, available at dscc. com/bluebook. Reach out to Regina Donato at rdonato@dscc.com to receive a free copy of the book.
WELCOME New Members
BROOKS COURIER SERVICE
www.brookscourier.com (302) 762-4661
2810 N. Church St., Wilmington, DE 19802
Brooks Courier Service is a third-generation, family-owned courier service, founded in 1951 as an extension of Brooks Armored Car. Specializing in both scheduled, routed work, and on-demand deliveries, they offer tailored logistics solutions for businesses and individuals.
END COMMUNITY VIOLENCE NOW
www.ecvndelaware.org (484) 432-3369
112 S. French St., Wilmington, DE 19801
Incubated through a public-private partnership, End Community Violence Now serves as a community-based Office of Violence Prevention, coordinating efforts across Delaware’s community gun violence reduction ecosystem.
FIRST STATE EDUCATE
www.firststateeducate.org (202) 322-7373
8 Boysenberry Dr., PMB 426 Hockessin, DE 19806
First State Educate is a nonprofit organization focused on strengthening school boards across Delaware to ensure every student has access to a high-quality education.
GREY FOX WEALTH ADVISORS
100 S. Rockland Falls Rd., Rockland, DE 19732
Grey Fox Wealth Advisors provides comprehensive, practical, and consultative wealth solutions to support the long-term success of small business owners, executives, and their families.
HATZEL & BUEHLER, INC.
www.hatzelandbuehler.com (302) 596-4766
1 Righter Pkwy., Ste. 110 Wilmington, DE 19803
Established in 1884, Hatzel & Buehler, Inc. is the oldest electrical contractor in the United States. A full-service company, they offer expertise in electrical design, construction, engineering, integration, and maintenance.
HOLT LOGISTICS CORP.
www.holtlogistics.com (609) 221-2260
101 S. King St., Gloucester City, NJ 08030
Holt Logistics Corp. is a family-owned, single-source service provider of end-to-end port, warehouse, and logistics solutions. Their vertically integrated solutions are designed to streamline and simplify customers’ supply chains.
INSITEHUB LLC
www.insitehub.com (717) 468-1473
591 Collaboration Way Newark, DE 19713
InsiteHub moves businesses forward with expert advisory services and cutting-edge content development tailored for the life sciences, clinical research, and healthcare industries.
MODERN GROUP LTD.
www.moderngroup.com (302) 657-1606
2501 Durham Rd., Bristol, PA 19007
Modern Group LTD is a material handling company that specializes in forklift sales and rentals along with most warehousing needs, including racking sales, service and installation, dock and door sales, installation, and service.
PAQ SOLUTIONS
www.paqsolutionsde.com (302) 219-4782
4 E. Laurel St., Ste. 102 Georgetown, DE 19947
PAQ Solutions’ mission is to help people by transforming their ideas into safe, compliant, and effective systems, solving real-world problems through the development of tangible processes.
ROCK ROOF
www.rockroofde.com (302) 757-2350
109 N. DuPont Rd. Wilmington, DE 19807
Rock Roof is a residential and commercial roofing company serving the Delaware, Pennsylvania, and Maryland areas.
TAPP NETWORK
www.tapnetwork.com (610) 331-7510
2041 Jeb Dr., Unit 44
Rehoboth, DE 19771
As a proud partner of state agencies, nonprofit organizations, local industry leaders, and global enterprises, the Tapp Network’s mission is to empower communities through technology, data, and creative innovation.
VITALCORE HEALTH STRATEGIES
www.vitalcorehs.com (614) 499-2435
160 Greentree Dr., Dover, DE 19904
VitalCore Health Strategies provides healthcare services in correctional healthcare, state hospital service and accreditation, telehealth, behavioral health services, monitoring and oversight services, and substance use treatment.
With 1,100 business, community, and government leaders gathered in one room, the Delaware State Chamber of Commerce’s 188th Annual Dinner was an evening to remember. Quite simply, the success of our signature event came to fruition with the support of our sponsors, speakers, attendees, and distinguished guests joining us at the Chase Center on the Riverfront.
PHOTOS BY DICK DUBROFF / FINAL FOCUS PHOTOGRAPHY
Thomas R. Carper Honored with Josiah Marvel Cup
THE DELAWARE STATE CHAMBER OF COMMERCE awarded its prestigious Josiah Marvel Cup to the Honorable Thomas R. Carper. Established in 1951, the Marvel Cup honors a Delawarean who has made an outstanding contribution to the state, community, or society. Celebrating its 75th anniversary, the State Chamber’s highest honor is named in memory of the Honorable Josiah Marvel, who reorganized and served as the first president of the State Chamber in 1913. As a tradition, the recipient of the Marvel Cup is kept secret until the night of the dinner.
Former state treasurer, congressman, governor, and U.S. senator, Carper dedicated himself as a public servant for nearly 50 years. After moving to Delaware and obtaining an MBA from the University of Delaware, he was elected as state treasurer in 1976 where he led the development of Delaware’s first cash management system. He then went on to serve five terms as Delaware’s lone congressman in the U.S. House of Representatives.
In 1993, Carper stepped into the role as Delaware’s 71st Governor with a strong focus on economic development. During his two terms, he is credited with the prevention of the closure of the General Motors and Chrysler plants; the recruitment of AstraZeneca’s U.S. headquarters; signing legislation that elevated Delaware State College to Delaware State University; creating the Delaware Workforce Development Board; and spearheading the development of Wilmington’s Riverfront. As Governor, more jobs were created in his administration than any eight-year period in Delaware history.
“No man has had a more influential, longer lasting, or farther-reaching impact on Delaware’s political landscape than that achieved by my friend and wingman
Tom Carper.” — U.S. Senator Chris Coons
Carper returned to the nation’s capital in 2001 to serve four terms in the U.S. Senate. During his time in Congress, Carper was described by many as a pragmatic, bipartisan leader. Carper will often say, “Bipartisan solutions are lasting solutions.”
A former naval flight officer in the U.S. Navy, Carper served three tours of duty in Southeast Asia during the Vietnam War. He remained in the U.S. Naval Reserve as a P-3 aircraft mission commander for another 18 years and retired with the rank of captain. He was the last Vietnam
veteran in the U.S. Senate. A staunch advocate for veterans, Carper played a pivotal role in the passage of some of the most historic expansion of veterans’ health care benefits in the nation’s history.
“No man has had a more influential, longer lasting, or farther-reaching impact on Delaware’s political landscape than that achieved by my friend and wingman Tom Carper,” said U.S. Senator Chris Coons. “He has accomplished so much for so many, regardless of party or alignment. Now that he has stepped away from a life of public service, we know two things: we will have to work overtime to fill the shoes he left behind; but we can also take solace in knowing he will never truly retire, and we will see him on a mic again soon.”
Annual Dinner
Dick DiSabatino Award
Presented to Nancy W. Cook
IN A SURPRISE ANNOUNCEMENT at the 188th Annual Dinner, the Delaware State Chamber of Commerce presented the Honorable Nancy W. Cook with the esteemed Dick DiSabatino Award, which was established in the mid-1990s to recognize significant contributions to shaping opinion and public policy in the state of Delaware.
Nancy W. Cook began her storied career as the first elected female Democratic Delaware state senator and concluded her formal career in public service as the longest-serving woman in the Delaware General Assembly. Cook took the seat in 1974 after the death of her husband Allen J. Cook, who held it for 16 years before that. She served the area west of Dover for 36 years under seven governors.
Cook is described as a woman who treated the job of legislating and improving the state’s finances as a personal commitment to the people of Delaware. While in the senate, Cook held various leadership roles, including senate majority whip, chair of the Senate Highways and Transportation Committee, and chair of the Joint Capital Bond Bill
Committee. She is also the longest serving Joint Finance Committee (JFC) co-chair in Delaware’s history.
Known as a Delaware General Assembly icon, you will still find Cook in Legislative Hall working to improve the quality of life for all Delawareans. She still serves on the board of the Delaware Strategic Fund, which supports business expansion, retention, and relocation through grants and low-interest loans to projects that grow Delaware’s economy in a significant way.
“The DiSabatino award is given out to people who have made an impact on public policy in Delaware. There are few more deserving of this award than my friend, Senator Nancy Cook,” said City of Wilmington Mayor John Carney. “Senator Cook has been my loyal, supportive advisor throughout my career in public service. She’s been my guide in navigating the General Assembly and has been a sounding board for many of the tough decisions we came up against in my administration. I’m grateful for her service and her friendship and congratulate her, her son Tommy, and all of her friends and colleagues for this recognition.”
From left: Robert L. Byrd, Nancy W. Cook, and Michael J. Quaranta
KEYNOTE SPEAKER
Delaware: A Unique Cornerstone in Global Business
ROD WARD, president and CEO of CSC, opened his keynote remarks with a reflection on Delaware’s unique position as a leader in corporate law, emphasizing the importance of collaboration and innovation to maintain its competitive edge.
“Delaware has long set the standard for corporate law,” Ward declared, sharing that 68% of Fortune 500 companies and nearly 80% of U.S. IPOs are registered in the state. However, he warned that this success could not be taken for granted.
Ward reminded the audience of Delaware’s corporate law legacy, tracing its roots to 1899 with the creation of the General Corporation Law. He also spotlighted CSC’s parallel growth, beginning with its founding by Christopher Ward and Josiah Marvel—the namesake of the State Chamber’s highest honor, the Marvel Cup.
“For over 125 years, CSC has been the business behind business,” Ward said. “From our earliest days, we have supported Delaware’s rise as the domicile of choice for corporations, providing best-in-class solutions that help our clients grow responsibly and confidently.”
Ward stressed the importance of Delaware’s corporate franchise to the state’s economy. “The corporate franchise represents more than one-third of the state’s total revenue,” he said. “This revenue supports essential services, from education to infrastructure to workforce development and housing needs, while enabling Delaware to remain one of the few states without a sales tax.”
Ward then turned his attention to both domestic and international competitors. “The advantages that made Delaware the leader in corporate law are now being replicated elsewhere,” he said, citing Texas’ newly established Business Court as an example. Internationally, Ward noted competition from places like Ireland, Luxembourg, and the Cayman Islands.
These examples highlight the urgent need for Delaware to innovate and adapt. “History doesn’t repeat, but it often rhymes,” Ward cautioned, referencing New Jersey’s fall from its position as the nation’s corporate capital over a century ago.
In front of Delaware’s business, government, and community leaders, Ward issued a call to action with four key strategies: invest in strengths, seek consensus, maintain transparency, and compete with confidence.
Ward finished with a personal commitment to preserving Delaware’s legacy. Reflecting on his late father, Rodman Ward Jr., a prominent Delaware corporate litigator and champion of the state’s corporate
“Strength united is stronger. Let us rise to this occasion together, ensuring that when our efforts are complete, we can look forward knowing that we have passed on to future Delawareans a franchise that remains second to none.” — Rod Ward
franchise, Ward said, “This is very personal for me. My father spent his life advocating for Delaware’s corporate legacy. He’s looking down tonight, and I can hear him say, ‘Don’t mess this up.’”
“Strength united is stronger,” Ward concluded. “Let us rise to this occasion together, ensuring that when our efforts are complete, we can look forward knowing that we have passed on to future Delawareans a franchise that remains second to none.”
GOVERNOR
A New Chapter for Delaware
JUST BEFORE HIS INAUGURATION, Governor Matt Meyer opened his remarks at his very first Annual Dinner with a message of gratitude towards the Delaware State Chamber: “I truly appreciate the work that Mike, Marie, and the State Chamber do every day, year-round, to keep our economy vibrant and innovative and to help expand quality job opportunities across Delaware.”
He reflected on Delaware’s history of punching above its weight, highlighting the entrepreneurial spirit that has defined the state since the founding of DuPont. “Businesses are born here, grow here, and thrive here,” he emphasized. “As your next governor, I’m committed to fostering an environment where we partner with you so you can grow. We will make it easier for you to expand, pioneer, and succeed. And we will lead with policies that serve as a model to our nation.” Next, he outlined those policies:
Economic Development: Doubling down on innovation and creating jobs in clean energy, biotech, and life sciences while enhancing the stability of our corporate franchise, financial services sector, and agriculture.
Workforce Development: Creating a world-class workforce to attract and retain businesses who want to relocate and do business here.
Referencing the Dinner’s keynote speaker, Rod Ward of CSC, Governor Meyer praised the Ward family’s contributions to Delaware over the last 125 years, calling CSC “a shining example of entrepreneurial spirit and community reinvestment.”
Education: A former public school math teacher, Governor Meyer emphasized a renewed focus on public K-12 education, particularly early childhood learning, and providing resources centered on students and teachers.
Recognizing the connection between business success and community well-being, Governor Meyer stressed the importance of investments in health care, affordable housing, and public infrastructure. An avid cyclist, he also advocated for expanding recreational opportunities, jokingly proposing that Delaware become the “pickleball capital of America.”
Closing his remarks, Governor Meyer thanked the State Chamber and its members for their partnership. “We need the whole package I outlined if we’re going to build a Delaware for today and tomorrow,” he emphasized. “I’m going to need the Chamber’s assistance to make these and other policies a reality. I want to work with you and listen to you to develop policies that will invest in creating a stronger community for all of us.”
“I truly appreciate the work that Mike, Marie, and the State Chamber do every day, year-round, to keep our economy vibrant and innovative and to help expand quality job opportunities across Delaware.”
— Governor Matt Meyer
DSCC Welcomes New Board Members in 2025
THE DELAWARE STATE CHAMBER OF COMMERCE has welcomed new members to the Board of Directors and Board of Governors.
Members joining the Board of Directors are:
Greg Smith, Chemours
Ann B. Wayne, BSN, RN, SUN Behavioral Delaware
Bob McGuckin, Verizon
The following business leaders were elected to the State Chamber’s Board of Governors:
Michael A. Albero, CPA, MST, AKA Advisory
Christopher Carroll, Comcast
Janet Dougherty, Fulton Bank, NA
Brian Frazee, Delaware Healthcare Association
Joseph V. Giordano, Whisman Giordano & Associates, LLC
Bayard Hogans, Enstructure Mid-Atlantic
Michael Houghton, Morris, Nichols, Arsht & Tunnell LLP, , ret.
Mark R. Marcantano, JD, Nemours Children’s Health, Delaware Valley
Lloyd A. Ricketts, Wilmington University
Mike Tatoian, Dover Motor Speedway
Ivan Thomas, DETV
Phillip J. Vavala, Delmarva Power
Rod Ward, CSC
Ed Winslow, Citizens Bank
“ On behalf of the D elaware State Chamber and its Board, we are pleased to welcome these representatives from our member organizations to our Board of Directors and Board of Governors. Their perspectives and active engagement with the State Chamber will help us continue to fulfill our mission of connecting people, solving problems, and fostering a stronger, more competitive Delaware for all.” — Board Chair Marie Holliday
Board Member of the Year
EACH YEAR, a board member is recognized by State Chamber staff as Board Member of the Year. This year, John Gooden, chief operating officer at M. Davis & Sons, was chosen as the honoree for his exceptional contributions to the organization. John serves as vice chair of the Board of Directors, co-chairs the Delaware Manufacturing Association, and chaired the State Chamber’s Strategic Planning Committee.
THANK YOU TO OUR 188TH ANNUAL DINNER SPONSORS
Presenting
Assurance Media, LLC
Belfint, Lyons & Shuman, CPAs
Blackwell HR Solutions
Brown Advisory
CBM Insurance
Colonial Parking
Delaware Cadillac, Delaware Subaru & Kia of Wilmington
Delaware Electric Cooperative
Diamond Technologies, Inc.
Donate Delaware
Easterseals Delaware & Maryland’s
Eastern Shore
Environmental Alliance, Inc.
Evergreen Apartment Group
Excel Business Systems, Inc.
First Citizens Community Bank
Goodwill of DE & DE County
Horizon Farm Credit
Jamestown Hospitality Group
milliCare Floor & Textile Care
New Castle Insurance
Ronald McDonald House
Charities of Greater DE
Santora CPA Group
VanDemark & Lynch, Inc.
Weiner Benefits Group, LLC
Wohlsen Construction
Your Part-Time Controller
Cover Story
Governor Meyer taking a bike tour of Newark’s Main Street ahead of his inauguration.
Leading Delaware Forward
A conversation with Governor Matt Meyer
AS DELAWARE’S NEW GOVERNOR, Matt Meyer is no stranger to leadership. From his background in education and business to his tenure as New Castle County executive, Governor Meyer has built a reputation for collaboration and results. Speaking at the Delaware State Chamber of Commerce’s 188th Annual Dinner, he emphasized his commitment to working with the business community, calling on the State Chamber as a key partner in shaping policies that drive economic growth. Now in the the state’s highest office, we sat down with him to discuss his priorities, early executive actions, and vision for Delaware’s future.
For competitive and cost-effective reasons, the business community needs our permitting decision-makers to move much faster. Some progress on this subject was made in the prior administration, but not nearly enough. We believe much of this can be done via executive order and departmental leadership. What specific plans do you have to address this top concern?
When companies want to create jobs, government should work quickly so that jobs can be created. That is a necessity for state government. That is a necessity for local government. One of the first executive orders I signed as governor will create a one-stop shop for the building of affordable and workforce housing. We will look to do the same to expedite permitting in both state and local government for job-creating development. In my last job, through the Jobs Now program, we created more than 12,000 jobs by expediting permitting. As governor, we will make an even greater impact.
A diversified housing inventory is important for many reasons. We need more senior housing to accommodate residents who pivot from larger single-family detached homes or independent living circumstances to something else. Similarly, we need more multifamily housing options for a wide range of working Delawareans. The price of rentals is a stretch for many, in part because inventory is limited. What ideas do you have to address housing issues?
The cost of housing in Delaware continues to rise, with limited inventory driving up costs. We must take bold action to increase supply. I have started to create a “one-stop shop” for housing projects in all three counties, streamlining the permitting and licensing process and setting out a playbook for unprecedented collaboration between state and local land use agencies. By modernizing technology and setting clear timelines for approvals, developers can spend less time navigating red tape and more time building homes for all Delawareans.
Addressing the skills gap between workers and employer needs has been a longstanding priority for the State Chamber. While we commend the efforts of our high schools, colleges, universities, and independent training providers, we believe more can be done to provide unemployed or underemployed Delawareans with full-time, fast-track training programs that prepare them for jobs in just a few weeks. The Delaware Skills Center is a successful model we believe could be expanded to other areas of the state. What are your thoughts on workforce development, and how do you view the potential of expanding this model?
The future of Delaware’s economy depends on having a skilled workforce that is ready to meet the demands of a rapidly changing job market. My very first executive order, signed minutes after I was inaugurated, is geared to expanding youth apprenticeships across state government and improving pathways to high-need careers. Workforce development is not just about training—it’s about ensuring that every Delawarean has the opportunity to secure a good-paying, stable job that supports them and their families.
As our population ages and Delaware continues to attract retirees, healthcare costs will inevitably rise. We do not support efforts to arbitrarily set prices for any business. What are your thoughts about healthcare and managing state employee costs in particular? Delaware’s healthcare costs are among the highest in the country, and
the challenge we face is clear—how do we provide high-quality care while keeping costs manageable for residents, businesses, and the state? We will expand access to telehealth, supporting mobile health clinics in high-need communities, and incentivizing primary care providers to serve rural and underserved areas. For state employees and retirees, we are focused on negotiating better rates with healthcare providers and reducing administrative waste. Long term, I am committed to building a medical school in Delaware, creating a pipeline for our state’s best and brightest healthcare practitioners to stay and practice here. n
Photo by Kyle Grantham
Bracing For Change
The potentially expiring provisions of the Tax Cuts and Jobs Act
BY KEVIN J. GOBEIL, CPA
THE TAX CUTS AND JOBS ACT (TCJA), enacted in 2017 under Donald Trump’s first presidential term, made sweeping changes to the U.S. tax code, affecting both individual and corporate taxes. However, many of these provisions were temporary and are set to expire at the end of 2025. With this date getting closer each day, you may wonder how your federal tax bill could be affected in 2026. Despite the results of November’s presidential and congressional elections, the fate of many expiring provisions is still unclear.
While not exhaustive, this list summarizes some key TCJA provisions set to expire in 2025 unless Congress acts to extend them:
Individual Income and Corporate Tax Rates: The TCJA lowered income tax rates for many individuals, reducing the top rate from 39.6% to 37%. If not extended, individual income tax rates would return to their higher pre-TCJA levels. The TCJA cut the maximum corporate tax rate from 35% to 21%. While the individual rate cuts expire in 2025, the law made the corporate tax cut “permanent.”
Increased Standard Deduction:
pass-through entities, including S corporations and partnerships, as well as from sole proprietorships. This deduction would no longer be available if the provision is not extended.
Estate Tax Exemption: The lifetime gift and estate tax exemption, which was more than doubled by TCJA, would plummet to near2017 levels in 2026 unless Congress steps in. In 2025, the basic exclusion amount is $13.99 million, or double for married couples. If Congress does not act, the exclusion will drop to approximately $7 million, or double for married couples, in 2026.
On the individual side, the TCJA significantly increased the standard deduction, reducing the number of taxpayers who benefit from itemizing deductions for expenses such as charitable donations and medical costs. If not extended, the standard deduction available to taxpayers will reduce significantly.
State and Local Tax (SALT) Deduction: The TCJA imposed a $10,000 cap on the deductibility of state and local taxes for taxpayers who itemize their deductions. If the cap expires, it will be eliminated entirely, which could benefit taxpayers in high-tax states. However, its overall effect on taxpayers’ financial situations remains uncertain.
Deduction for Small Business Income: Section 199A provided a 20% deduction for qualified pass-through income from non-corporate
The expiration of these provisions could have widespread consequences for taxpayers. Some provisions, such as the increased standard deduction and lowered individual tax rates, have been particularly beneficial to many taxpayers. Without legislative action, many taxpayers will face higher tax bills in 2026.
As the expiration date of the TCJA provisions draws closer, it is crucial for taxpayers to stay informed about potential changes and understand how these could affect their tax situation. With
Republicans in control of the both the White House and Congress after November’s election, all signs point to many of the extenders being made permanent. However, this is still widely uncertain. As the TCJA provisions get closer to expiring, it’s important to know what might change and what tax strategies you can make if the provisions are not extended. n
Kevin J. Gobeil, CPA is a principal at Santora CPA Group.
Taxes
Skill in the Game
A bold new solution for skills transformation
BY JASON TYSZKO
THE U.S. WORKFORCE, some 170 million people strong, is the world’s most productive. However, workers’ skills are quickly becoming outdated. Recent World Economic Forum research1 estimates that 39% of workers’ core skills will change within the next five years, driven primarily by technological advancements. To ensure economic mobility and global competitiveness, the U.S. workforce will need a massive and innovative skills upgrade.
In response to this urgent issue, the U.S. Chamber of Commerce Foundation has developed an innovative solution. The Skill Savings Account2 concept creates a financial instrument that addresses the growing skills gap with a proven framework. Designed like existing Health Savings Accounts (HSAs) or Flexible Spending Accounts (FSAs)—and, ideally, similarly incentivized through federal and state tax policy—these accounts would help individuals save money to pay for qualified upskilling and reskilling expenses. In addition to offering a bold solution, Skill Savings Accounts deliver several important benefits.
Incentivizing Employee Growth
Skill Savings Accounts would complement existing employee education benefits, such as tuition reimbursement programs, in a more workercentric way, prioritizing skill development. In addition, Skill Savings Accounts could be funded with relatively small contributions up front, lowering the barrier to entry for both employees and employers. Much like HSAs, the funds would be easily accessible, and the accounts are designed to be portable, encouraging employees to invest in themselves throughout their careers.
Investing in Employees
While the U.S. spends $30 billion per year on Pell grants, just a fraction of that—$3.5 billion—is devoted to training. Even when paired with existing organizational resources, it’s not enough. Skill Savings Accounts, designed for today’s knowledge-based, technologyenabled workers, could bridge the gap. In addition, the accounts can be combined with other skills-based innovations, such as Learning and Employment Records (LERS)—digital tools that store and manage skills data—to better identify and fulfill training needs.
Building a Billion-Dollar Marketplace
Skill Savings Accounts also have the potential to create a new marketplace. If just one-third of the current workforce had Skill Savings Accounts with balances ranging from $1,500 and $2,000 each, that critical mass would create an upskilling marketplace worth approximately $100 billion without
significant taxpayer commitments or government administration. That’s about three times the benefit Pell Grants provide each year.
Improving Global Competitiveness
The marketplace fueled by Skill Savings Accounts could result in an estimated 500 million new skills being developed. When workers can keep up with new skills required to do their jobs, they improve their marketability and earning power. When companies can build and retain a skilled workforce that stays ahead of rapidly evolving demands, they are more competitive globally, including in fast-growth areas like technology, additive manufacturing, artificial intelligence, machine learning, and sustainability.
The Solution We Need Now
While there is no one “silver bullet” to entirely resolve the skills gap, which is careening toward a crisis level, Skill Savings Accounts would use a well-established model to ensure workers have the skills they need.
The U.S. Chamber of Commerce Foundation is exploring industry and population-specific pilot programs. This is the power of business and innovation to do good. n
1. World Economic Forum. The Future of Jobs Report 2025. Jan. 7, 2025. 2. U.S. Chamber of Commerce Foundation. Skill Savings Accounts.
Jason Tyszko is senior vice president at the U.S. Chamber of Commerce.
EARNing a New Way to Save
BY MAGGIE BLAIR
DELAWARE EARNS, a new retirement savings program sponsored by the Office of the State Treasurer, officially launched on January 1, 2025. The program addresses a critical gap, as many Delaware employees previously lacked access to workplace retirement savings options. Studies show that consistent, small contributions can have a significant impact on financial security in retirement. Similar programs are already in place in neighboring states like New Jersey and Maryland.
The goal of Delaware EARNS is to empower workers to establish and increase retirement savings through an automatic, low-cost, trusted retirement plan. With EARNS, businesses can help their employees save for retirement in a Roth Individual Retirement Arrangement (IRA) through convenient payroll deductions. Once enrolled, accounts are automatically funded from employees’ wages, providing an easy way for Delawareans to prepare for the future, with the flexibility to opt out if they choose.
Delaware businesses that have been operating for at least six months and have five or more W-2 employees are required to register for the program if they do not already offer a tax-qualified retirement plan to employees. EARNS is also available to self-employed individuals.
EARNS comes at no cost to employers, making it an affordable option for businesses of all sizes. The program is easy to set up and works seamlessly with existing payroll systems, minimizing any disruptions. By offering EARNS, employers can provide a valuable retirement savings benefit to their
employees, helping to attract and retain top talent. When employees feel supported in planning for their future, it can lead to higher job satisfaction and loyalty.
For employees, this is a secure and simple way to save for the future. The account stays with employees through career changes without the need for complicated rollovers. Employees can customize their contribution amounts to meet their individual needs and have the flexibility to opt out or re-enroll at any time. They also gain access to free online tools and chat support to answer retirement questions.
Delaware EARNS applies to part-time and full-time W-2 employees. If a company hires a new employee, they have 120 calendar days to enroll the new hire, should the company not have an existing plan. Seasonal workers may be excluded but have the option to enroll themselves.
Help support your employees’ future. If your company has not registered yet, we advise you to register as soon as possible to avoid potential penalties. You can register and manage your account at www.EARNSDelaware.com. n
Maggie Blair is a staff accountant at AKA Advisory LLC
Kevin Sanok, EA, MSA Manager
Alex Lalani, CPA Director
Lisa DeRose, CPA, CGMA Managing Director
Edward Devenny, CPA Director
Thomas Dyer Senior Manager
Tech-Powered Treatment
Harnessing AI to transform healthcare and strengthen Delaware’s workforce
CONTRIBUTED BY BAYHEALTH
INNOVATION IN HEALTHCARE is not just about improving patient care—it’s also about driving economic growth and ensuring that Delaware remains at the forefront of medical advancements. At Bayhealth, we’re leveraging artificial intelligence (AI) and personalized medicine to enhance diagnostics, treatment precision, and patient outcomes.
One of the most promising applications of AI is early cancer detection, a critical factor in improving survival rates and reducing long-term treatment costs. By integrating AI into mammography, Bayhealth is detecting breast cancer earlier than ever before, providing patients with more treatment options and a better chance of survival.
These advancements represent more than just a leap in technology. They strengthen our community, attract top talent, and position Delaware as a leader in the future of medicine.
How AI is Helping Bayhealth Discover Breast Cancer Earlier
Early detection is critical in the fight against breast cancer, offering more treatment options and better chances of long-term survival. Bayhealth has incorporated AI into mammography, providing radiologists with a powerful new tool to aid in the early detection of breast cancer.
“Our goal is always to catch cancer as early as possible,” said Diagnostic Radiologist Daniel Wood, MD, head of breast imaging at Bayhealth. “AI
helps us do that. It gives our patients the best chance at long-term survival, and we’re proud to offer this technology here at Bayhealth.”
What is AI, and How Does it Help with Mammograms?
AI mimics human thought processes by analyzing vast amounts of data. In mammography, AI programs review hundreds of images produced by a 3D mammogram and flag areas that might need additional attention.
“Our AI system looks at every single slice of a 3D mammogram, often more than 400 images, and flags areas that might need a second look,” explains Wood. “This serves as a kind of second set of eyes for the radiologist, helping ensure that nothing is missed.”
While radiologists still make the final decision, AI enhances their ability to spot subtle changes in breast tissue that might otherwise go unnoticed. This is especially valuable in detecting early-stage cancer.
A Game-Changer for Early Detection
Bayhealth became an early adopter of AI in mammography in 2021, making it one of the first community healthcare systems to implement this technology. The impact has been significant.
“We’ve seen an improvement in our cancer detection rate since we began using AI,” says Wood. “We’re catching cancers that are smaller and earlier-
stage, which means they’re easier to treat and come with a better prognosis.”
Research supports Bayhealth’s experience. Studies show that AI improves detection of smaller cancers while also reducing false positives. This means fewer patients are called back for unnecessary tests, reducing anxiety and additional procedures.
How AI is Revolutionizing Radiology
Bayhealth is part of a growing trend in AI adoption across healthcare. As of July 2024, the U.S. Food and Drug Administration had cleared more than 950 AI algorithms for medical use, with radiology accounting for 76% of these approvals. The number of AI-powered radiology tools continues to grow by more than 100 each year.
Radiology is a leading field for AI integration because of its reliance on detailed image analysis. AI reduces radiologists’ workload, improves accuracy, and speeds up reading times. For example, AI can identify critical findings faster, assist with measurements for greater precision, and streamline workflow to provide quicker diagnoses—all reducing wait times and increasing accuracy.
The Future of AI in Healthcare
AI is transforming radiology, but early detection still depends on regular
screenings. While technology is a powerful tool, the most important factor in breast cancer survival remains consistent mammograms and follow-ups.
“It’s important to remember that technology is only part of the equation,” says Wood. “Staying on top of regular screenings is the first and most crucial step in fighting breast cancer. AI—combined with continued awareness and prevention—helps us do that more effectively than ever before.”
Bayhealth remains committed to leveraging AI and other innovations to provide the highest quality care to our community. By integrating advanced technology with expert care, we’re improving outcomes, strengthening Delaware’s healthcare system, and positioning our state as a leader in medical innovation. n
Sources:
Radiology Business: “Only 21% of healthcare leaders say they’ve implemented AI in medical imaging,” Jan. 24, 2024.
Radiology Business: “10 clues suggest scope, shape of AI’s future in mammography,” May 15, 2022.
Cardiovascular Business: “Cardiology still a leader in healthcare AI, trailing only radiology in FDA-cleared algorithms,” Aug. 7, 2024.
The Imaging Wire: “FDA keeps pace on AI approvals,” Aug. 12, 2024.
WELCOME TO BRIGHT MINDS, CARING HEARTS AND TOTAL COMMITMENT.
There is a place where you don’t have to choose quality over convenience. Where you don’t have to choose outstanding medical care over being cared about. Where a team of people have chosen to make health care more of what you want it to be, so that you can choose to have it all.
A Blueprint for Better Health
BY DONNA ANTENUCCI, MHA, BSN, RN AND EMILY SAHM, EA
WE KNOW RISING HEALTH CARE COSTS can feel overwhelming for both employers and employees. As Delaware’s largest private employer—with nearly 23,000 employees, spouses, and dependents enrolled in our self-funded health plan—ChristianaCare faces these challenges every day. That’s why we’re committed to finding smart, innovative solutions that improve employee health while keeping costs in check. We don’t stop there—ChristianaCare partners with businesses that have an interest in providing high-quality health care for their employees while keeping costs manageable.
Prioritizing Preventive Care
The key to a healthier, more resilient workforce is tackling health issues early to prevent the need for costly emergency or “rescue” care. By prioritizing prevention and early intervention, we’ve made progress in improving employee health while controlling costs. In 2023, inpatient facility costs for our employees—which include hospital admissions for surgeries, medical treatments, and other care requiring overnight stays—dropped by
9%. Wellness incentives and chronic disease management that shifted care to more cost-effective outpatient settings have been driving these results.
One of ChristianaCare’s differentiators is CareVio®, our care coordination and chronic disease management platform. CareVio® provides personalized support to help employees and their families manage conditions and stay on track with preventive care. CareVio®’s diabetes program, for example, has delivered remarkable results. Nearly all participants improved their blood sugar levels in 2023, with average A1c reductions of 1.7 points.
Enhancing Primary Care and Wellness Programs
We’ve also focused on encouraging primary care visits through collaboration between our Population Health and Total Rewards teams. Together, we designed a voluntary wellness incentive program that rewards employees and their families for healthy choices, including support for tobacco-cessation programs to help employees quit smoking and lead healthier lives. In 2023, we expanded our wellness incentive program to include primary care visits for employees and their spouses. Over the next 18 months, primary care utiliza-
tion increased by more than 10%, rising from 66% to 77% as of January 2025. Employees who stay connected to primary care catch health problems early and build stronger relationships with their doctors.
We’ve launched programs targeting specific health needs. Our breast cancer screening initiative, focused on women ages 52 to 74, increased participation rates from 63% to 72% in 2023, exceeding our target. Additionally, the CareVio® metabolic health program is helping a growing number of participants manage complex conditions with tailored support.
Flexibility is essential. That’s why we created the Center for Virtual Health, which provides virtual-first primary care to more than 1,200 employees. This program makes high-quality, preventive care more accessible. Employees can fit care into their schedules while maintaining consistent support for their health.
We encourage employees to stay up to date on immunizations by offering frequent vaccination events and tying participation to eligibility for the Caregiver Rewards Program payout. By making it easy and rewarding to stay protected, we’re fostering a safer, healthier workplace for everyone.
Collaborative Networks and Cost Management
In January 2023, we announced the ChristianaCare Clinical Alliance, a new clinically integrated network in partnership with Highmark. Implemented in our employee health plan in July 2024, the network connects ChristianaCareemployed and community clinicians to provide evidence-based, coordinated
care. Focused on improving wellness and managing chronic conditions, the Clinical Alliance is helping caregivers and their families stay healthier while reducing costly emergency visits and hospital stays. Employees who choose Clinical Alliance providers also enjoy lower deductibles for their care.
Through all these initiatives, we are making a meaningful difference for our caregivers and our costs. In 2023, thanks to our focus on prevention and smarter care delivery, we kept our overall health care cost growth below the national average. Healthier employees lead to lower expenses and a more engaged, productive workforce. By showing that we value employee health, we’re creating a stronger, more resilient workplace.
Healthier workplaces also build healthier communities. If you’re an employer who would like to learn how ChristianaCare can help you provide better care and control health care costs for your workforce, contact Donna Antenucci at Donna.Antenucci@christianacare.org. n
Donna Antenucci (left) is vice president of population health operations for ChristianaCare.
Emily Sahm (right) is vice president of Total Rewards for ChristianaCare.
“ Our relationship with Jefferson not only saved my life, but made sure I'm able to live my life and continue doing what I do for a long time. “
David Tam, MD, MBA, CPHE, FACHE President & CEO, Beebe Healthcare Stroke Survivor
Beebe Healthcare is a proud member of the Jefferson Health Neuroscience Network. Powered by the latest innovations in telemedicine specially designed for acute stroke care, this clinical collaboration enables us to leverage our expertise as a certified Primary Stroke Center. Combined with the worldclass skills of Jefferson’s team, we are able to quickly and safely diagnose patients experiencing stroke symptoms and decide the best course of treatment when minutes matter most.
SUSSEX COUNTY
is Our Specialty
Scan to hear Dr. Tam's story and learn about our affiliation with Jefferson Health
Build Your Workforce Through Apprenticeships
With record-low unemployment, more Delaware employers are turning to apprenticeship to develop talent
BY JONATHAN PAYNE, PH.D.
IN TODAY’S TIGHT LABOR MARKET, Delaware
employers face a critical challenge: finding skilled talent at sustainable wages. While many businesses struggle to recruit talent from an increasingly competitive market, forward-thinking employers are choosing to “build” their workforce through registered apprenticeship programs.
The evidence for apprenticeships’ effectiveness is compelling. Nationally, employers see an average return of nearly $1.50 for every dollar invested in apprenticeship programs, with retention rates exceeding 90%.1 The benefits extend beyond direct training outcomes: Businesses report improved workplace culture, enhanced employee loyalty, and access to various incentives, such as tax benefits.
Delaware is emerging as a leader in this space, particularly in youth apprenticeship. As part of the state’s ongoing commitment to expanding apprenticeship opportunities, Governor Matthew Meyer recently
signed Executive Order #1, which directs state agencies to prioritize the development of youth apprenticeship programs across the state. This builds on Delaware’s recent success in youth apprenticeship, where more than 750 young people entered programs between 2020-2024.2
The Delaware Department of Natural Resources and Environmental Control (DNREC) showcases how state agencies are embracing this model. Here at Jobs for the Future, a nonprofit that transforms education and workforce systems, we partnered with DNREC and Delaware’s vocationaltechnical school districts as they established a building maintenance generalist apprenticeship program. This included facilitating the registration of their apprenticeship program from start to finish—from developing the on-the-job learning and the accompanying classroom instruction to helping them set the wage scale. Today, this innovative program prepares apprentices for careers maintaining Delaware’s 17 state parks.
This model has also seen similar success in Delaware’s private sector across many industries, including the construction trades, manufacturing, hospitality, and more.
Ready to start your own apprenticeship program? Here are the key steps:
1. Assess your needs: Identify positions that are consistently hard to fill or require significant training investment. These roles often make excellent apprenticeship opportunities.
2. Research existing programs: Visit apprenticeship.gov to explore more than 1,000 registered occupations. These preapproved programs offer flexible frameworks that can be customized up to 20% to meet your specific needs.
3. Plan your training: Delaware’s vocational-technical school districts provide related technical instruction for more than 60% of apprenticeships in the state. Consider partnering with these established providers for classroom training.
4. Design your program: Determine whether you’ll recruit internally to develop existing employees or externally to bring in new talent. Remember, successful apprentices often show grit and eagerness to learn rather than existing technical skills.
5. Get support: The Delaware Department of Labor’s State Apprenticeship Agency offers guidance throughout the process, from program design to registration.
By investing in apprenticeship programs, Delaware employers can cultivate a skilled, loyal workforce while strengthening their industries for the future. With the right strategy and support, apprenticeship can be a game-changer for both employers and job seekers alike. Ready to learn more? Contact the Delaware Department of Labor State Apprenticeship Agency at de.gov/apprenticeship. n
1. Urban Institute: “Do Employers Earn Positive Returns to Investments in Apprenticeship? Evidence from Registered Programs Under the American Apprenticeship Initiative,” Oct. 26, 2022.
2. Delaware Government News: “Departments of Labor & Education Team with Jobs for the Future to Celebrate National Youth Apprenticeship Week,” May 7, 2024.
Jonathan Payne, Ph.D., is a director in the Center for Apprenticeship & Work-Based Learning at Jobs for the Future (JFF), a nonprofit that drives transformation of education and workforce systems to help people secure quality jobs.
The Advantage of Apprenticeships
Building Delaware’s construction workforce through apprenticeship programs
BY JOHN C. GOODEN
THE CONSTRUCTION INDUSTRY, like other industries, faces an ongoing challenge in developing and maintaining a skilled workforce. As emphasized in Governor Matt Meyer’s recent signing of Executive Order #1, which prioritizes the expansion of youth apprenticeship programs across Delaware, apprenticeship programs offer a proven solution that creates value for employers, workers, and the broader Delaware business community.
At M. Davis & Sons, over 100 team members are enrolled in the State of Delaware’s Construction Apprenticeship Program across multiple trades, including pipefitting, plumbing, electrical work, and welding. This investment in workforce development demonstrates how apprenticeships
can be leveraged to build a company’s talent pipeline while providing valuable career opportunities for employees.
The apprenticeship model delivers unique advantages for employers. Companies gain workers explicitly trained in their trade while developing loyalty through investment in employee growth. The program structure ensures consistent skill development across trades, with apprentices learning directly from experienced professionals in real-world settings. This hands-on training approach results in workers who are thoroughly prepared for the demands of construction work.
For employees, apprenticeships provide a debt-free path to valuable career credentials. Participants “earn while they learn,” gaining practical
Driving Careers Forward
How AutoTeam Delaware is building the next generation of technicians
BY MICHAEL S. UFFNER
THERE IS TREMENDOUS VALUE for both employers and associates in a strong apprenticeship program.
AutoTeam Delaware—comprising Delaware Cadillac, Delaware Subaru, and Kia of Wilmington—established an Automotive Service Technicians Apprenticeship Program many years ago, and it has since become a key part of our success. Many of our best technicians have come through this program, and those who complete it tend to stay with us for years. Our associates appreciate the support it provides, as it allows aspiring technicians to work alongside experienced professionals, gaining hands-on knowledge and expertise in automotive service and repair.
In addition to our own apprenticeship program, Delaware Cadillac participates in the General Motors Automotive Service Educational Program (ASEP). ASEP provides students with a comprehensive education in automotive technology, combining classroom instruction with hands-on training at General Motors dealerships. This dual approach ensures that students are well-prepared to meet the demands of the automotive industry and transition smoothly into full-time employment upon program completion. This longstanding partnership between our company and Delaware Technical Community College allows graduates to earn a college degree while preparing for a well-paying and satisfying career in automotive technology.
to handle these innovations, keeping businesses competitive and customers safe on the road. By investing in continuous training and staying ahead of industry advancements, these programs play a vital role in shaping the future of the automotive service industry.
These initiatives are crucial for several reasons. First, they bridge the gap between education and employment, providing individuals with the practical skills and experience needed to succeed in their chosen fields. Secondly, they contribute to the community’s economic growth by ensuring that local businesses have access to a pool of skilled and qualified workers.
As technology continues to evolve, the need for highly trained automotive technicians is more pressing than ever. Cars today are more advanced than ever before, with new technology that requires specialized skills to repair and maintain. From updated safety features to electric vehicles, technicians need hands-on experience to keep up with industry changes. Apprenticeship programs ensure that the next generation of technicians is well-equipped
Local businesses like AutoTeam Delaware are not only investing in their own future success with apprenticeships and workforce infinitives, but also in the well-being and prosperity of the community as a whole. These programs serve as a model for other businesses, demonstrating the positive impact that such initiatives can have on individuals and the broader community. We’ve seen great success with these programs—why don’t you give it a try at your business? n
Michael S. Uffner is chairman of AutoTeam Delaware, comprising Delaware Cadillac, Delaware Subaru, and Kia of Wilmington.
Photo contributed by Delaware Technical Community College
Workforce Development
STEP into Higher Education
Turning vocational experience into college credit with the new Smart Transfer Enrollment Program
BY KERI PAPILI
THE DELAWARE DEPARTMENT OF LABOR
(DOL) and Wilmington University (WilmU) have partnered to offer the new Smart Transfer Enrollment Program (STEP PathTM) for the vocational workforce—an initiative that gives individuals in select registered apprenticeship programs the opportunity to earn up to 42 college credits toward a bachelor’s degree at WilmU.**
Higher education can lead to promotions, higher income, and greater career advancement, making it an attractive option for those in apprenticeship programs. Employers can use this opportunity to help retain skilled talent. Journeypersons can apply to WilmU, where their experience and job training will be assessed for academic credit and potential cost savings toward a relevant degree, such as WilmU’s Bachelor of Science in Applied Business.
Individuals who can benefit from the STEP PathTM include:
• High school graduates beginning a registered apprenticeship program
• Individuals currently enrolled in a registered apprenticeship
• Those with prior apprenticeships in a registered program
• Journeypersons seeking the career benefits of a college degree
STEP PathTM is available to both past and current apprenticeship participants. Credits earned may also apply to additional WilmU programs in technical instruction and apprenticeship training.
“We are excited to partner with Wilmington University on this important educational initiative,” said former Secretary of Labor Karryl Hubbard. “The STEP PathTM program is a great way to allow those who
**This is dependent upon the journeyperson’s total on-the-job training (OJT) and related technical instruction (RTI) hours.
chose to obtain training through apprenticeship an opportunity to also earn college credits toward a degree.”
“Partnering with the Delaware Department of Labor for the STEP PathTM for the vocational workforce program aligns with our commitment to preparing students to succeed in high-demand, trade-oriented careers,” said Wilmington University President Dr. LaVerne Harmon. “We look forward to welcoming high school and vocational-technical students, as well as adults navigating their apprenticeship journeys.”
High school and vocational-technical students interested in DOLregistered apprenticeship programs should speak with their school counselors and contact the Department of Labor for more details. Adults looking to start or complete an apprenticeship can reach out to the DOL’s Office of Apprenticeship.
“Registered apprenticeship programs are vital to expanding opportunities for young people to pursue careers in the building trades and other industries,” said Jazelle Plummer, apprenticeship and training manager for the DOL’s Division of Employment and Training.
WilmU is providing Delaware’s workforce with the skills and support needed to succeed in high-demand industries, helping individuals build rewarding careers and brighter futures. Find more information about the new STEP PathTM for the Vocational Workforce at wilmu.edu/trades or labor. delaware.gov/apprenticeship. n
Keri Papili is the marketing services manager at Wilmington University.
Keep the Pressure On
Continuing to focus on streamlining the permitting and development timelines
BY JEFF DISABATINO
WE HAVE ALL HEARD THE PHRASE, “The squeaky wheel gets the grease,” and in the case of the project permitting and development process, this phrase often applies. Development projects frequently receive hundreds of comments either in support of or in opposition to them as they proceed through the required review and comment period. Such varying viewpoints are a healthy part of the process and often lead to a better outcome. Having consistent, factbased recommendations with supporting data will increase the likelihood that project stakeholders take notice, especially if they are received from multiple parties.
Applying this approach to improve the overall permitting process throughout the state should be an immediate priority for business leaders and development industry stakeholders. Governor Meyer’s Executive Order #4, which establishes a working group to develop and implement strategies to streamline the permitting and licensing timeline, provides parties with a meaningful opportunity to be the “squeaky wheel.” While the executive order mainly focuses on permitting for affordable housing, it is also a chance for stakeholders to be laser-focused on improving the overall permitting process, which many businesses cite as their number one frustration when choosing to locate or expand in Delaware.
Since the need to streamline the permitting and development timeline is not a new or unknown concern, it is important to review and refresh previously prepared suggestions. One such example is the Delaware Business Roundtable’s Ready in Six initiative and the progress that has been made since its launch in late 2019. The goal of this initiative was to improve Delaware’s competitiveness by reducing the timeline for permit approval from 24 months to approximately six months. Of the four-bill package introduced during the 2023 legislative session, two bills (HB 102 and HB 104) were signed into law in June 2023. Providing specific examples of projects that have benefited from these laws would help strengthen the case for further permitting reform and show the data behind why efforts such as this are important to the economic well-being of the state.
While it may seem daunting to compile or find the data needed to bolster calls for improvement in the permitting process, reports released by government agencies can provide this information. One example is the annual report issued by the Office of State Planning Coordination, which includes a wealth of data on permit activity reported by the state, counties, and 57 municipalities responsible for reviewing and issuing building permits. This report also analyzes trends in permitting across the state and provides recommendations for future planning activities. Using this data to generate
Now that Governor Meyer’s executive order has established a working group that includes all of these agencies, the time is ripe to analyze the development and permitting process and identify ways to streamline the timeline from application to putting a shovel in the ground.
meaningful, constructive comments about the permitting process is an easy way for business community stakeholders to engage with the working group and legislators regarding improvements to the permitting process.
While the Office of State Planning Coordination’s 2024 annual report is fairly comprehensive, one item missing from its list of 2025 recommendations is the need to optimize the permitting process. Even though the business community has repeatedly emphasized the need for a more efficient permitting process, such commentary has yet to result in meaningful action within the agencies responsible for reviewing and approving permits. Now that Governor Meyer’s executive order has established a working group that includes all of these agencies, the time is ripe to analyze the development and permitting process and identify ways to streamline the timeline from application to putting a shovel in the ground. Identifying and understanding the bottlenecks in the process and then finding ways to allocate resources and simplify the process should be well within reach with all stakeholders engaged.
Maintaining momentum for improvements in the state permitting process—created through the most recent election cycle—should remain a top priority for both government officials and businesses. We need to be the “squeaky wheel,” armed with plenty of data and specific examples, if we want to help improve this process. We need to be a voice for balanced, strategic approaches that ensure predictable timelines and outcomes. We need to develop projects that support stronger communities and smart growth. We must also ensure that a diverse range of stakeholders contributes to this improvement process so that it incorporates as many great ideas as possible. The opportunities for progress are within reach. n
DiSabatino is vice president of construction at DiSabatino Construction Company.
Jeff
Breaking New Ground
How Delaware’s only women-owned LIHTC developer is expanding housing opportunities
LAST FALL, Carson Development LLC broke ground on the future Reese Apartments, a significant affordable and workforce housing initiative in Felton, Del., aimed at addressing the urgent need for affordable housing in the state. This project also marks a significant milestone, as Carson Development proudly stands as the first and only women-owned business enterprise (WBE) low-income housing tax credit (LIHTC) developer in the state, showcasing a commitment to diversity and inclusion in the housing development sector.
The Reese Apartments, located at 130 Reese View Circle, will have a profound impact on the local community, adding 48 new affordable units and providing essential social services, including health and nutrition education, family programs, and financial counseling to residents for free.
“We are thrilled to develop quality, affordable housing for families at a range of incomes in Kent County,” said Danielle Smith, president of Carson Development. “This development is not just about building apartments; it’s about creating opportunities to empower families and build brighter futures that strengthen our community. Everyone deserves a place to call home, so we are proud to contribute to the future of Felton and the surrounding areas,” she added.
Smith’s work and tireless commitment to changing the landscape of affordable housing in Delaware is inspired by the work of the late Marvin Gilman and the support of Martha Gilman.
The Delaware State Housing Authority and Kent County have recognized this project’s impact since it was first introduced in 2021 and have been committed project partners throughout the process. “The Reese Apartments’ improvements to off-site infrastructure will bring essential public sewer and water services to the area, laying the groundwork for future commercial growth and job creation along this sector of Route 13,” said Smith. Its strategic location near commercial job centers and access to public transportation will create valuable employment opportunities for residents. Carson Development plans to enhance the on-site bus stop, further improving public transit services and increasing connectivity. These initiatives underscore Carson Development’s commitment to fostering a vibrant community, equipped with accessible infrastructure and sustainable living solutions that enhance the quality of life in the area.
The federal LIHTC program is vital in providing the necessary financing tools for developers, but it requires expansion to keep pace with the increasing demand for affordable housing and rising construction costs. Delaware’s latest housing needs assessment highlights a critical shortage of more than 20,000 affordable housing units, with projections indicating
BY KRISSY MCNEIL
that this figure could rise significantly in the coming years. Approximately 50,000 households in the state are currently spending more than 30% of their gross income on rent and utilities, while another 25,000 are spending more than 50%.
“By increasing funding for the LIHTC program at 20% annually, Delaware could double its affordable housing production in under five years,” said Max Friedman, vice president of development for Carson Development. “Housing projects create hundreds of jobs while contributing to local infrastructure and school improvements. New residents also bring employment options to support local businesses.”
The Reese community is set to be completed in spring 2026. The property will feature a mix of one-, two- and three-bedroom units, ranging from $345 to $1,550 per month. The brand-new apartments will feature modern kitchens with Energy Star appliances, LVT flooring, energy-efficient air conditioning, and washer/dryer hookups. Residents will have access to community amenities, including an on-site management office, community room, walking paths, playground, laundry facility, and bike storage.
The Reese Apartments exemplify the vital role affordable housing plays in addressing the state’s critical housing shortage. As Delaware continues to expand its commitment to affordable housing, Carson Development LLC is proud to contribute to this mission by developing sustainable, inclusive communities that provide lasting opportunities for residents. n
Krissy McNeil is director of PR and media relations at EMME Solutions on behalf of Carson Development.
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Building a Better Delaware
Q&A with Jennifer Cohan, president of Associated Builders and Contractors Delaware
WITH ED CAPODANNO’S RETIREMENT, Associated Builders and Contractors (ABC) Delaware is beginning a new chapter under the leadership of Jen Cohan, who stepped into the role of president in January 2025. With a strong background in public service and a deep commitment to the construction industry, she is ready to lead the organization forward. We caught up with her to learn more about her vision and goals for ABC Delaware.
What inspired you to take on the role of president of Associated Builders and Contractors Delaware, and how have your previous leadership roles prepared you for this position?
I have always been drawn to roles where I can make a meaningful impact, and leading Associated Builders and Contractors Delaware is an incredible
opportunity to advocate for one of the most essential industries in our state— construction. My background in public service, particularly as secretary of the Delaware Department of Transportation, has given me deep insight into infrastructure, economic development, and workforce needs. I’ve worked extensively with business leaders, government agencies, and legislators to drive solutions that create jobs and strengthen our economy. This role allows me to continue that work, ensuring Delaware remains a place where builders and contractors can thrive.
What is your vision for driving collaboration between the construction industry and policymakers to ensure sustainable growth for the state? Collaboration is key to sustainable growth, and my vision is to serve as a bridge between industry leaders and policymakers. Delaware
From left: M. Davis & Sons’ Mike Gilmartin and John Gooden with Jen Cohan
needs policies that encourage private investment, support workforce development, and streamline regulatory processes without unnecessary burdens. I want to foster open conversations where builders and policymakers work together to address infrastructure challenges, workforce shortages, and permitting inefficiencies. We must also promote fair and open competition, ensuring that both union and nonunion contractors have equal opportunities to contribute to the state’s growth.
What do you see as the greatest barriers to launching new development projects in Delaware, and how can they be addressed?
One of the biggest barriers is the lengthy and complex permitting process, which can delay projects and drive up costs. Additionally, workforce shortages make it difficult to meet the growing demand for skilled labor. Addressing these issues requires a multipronged approach: streamlining permitting at the state and local levels, investing in workforce training programs, and ensuring that businesses have access to the resources needed to succeed. ABC Delaware is committed to working with policymakers to find solutions that encourage responsible, efficient development.
What steps do you think are necessary to create a more diverse and affordable housing landscape in Delaware?
Expanding affordable housing requires a mix of strategic policy decisions and industry collaboration. We need to incentivize development in underutilized areas, modernize zoning laws to allow for mixed-use and higher-density projects, and ensure builders have the flexibility to innovate. Workforce housing is also a critical component—by investing in skilled labor training, we can increase the number of professionals able to build high-quality, cost-effective housing. ABC Delaware is dedicated to supporting initiatives that make homeownership more attainable for Delawareans across all income levels.
Are there any policies or strategies from other states that you believe Delaware should adopt to foster a more competitive environment for development?
Many states have successfully implemented policies that Delaware could learn from. For example, states like North Carolina and Texas have created fast-track permitting processes that reduce unnecessary delays. Others have expanded public-private partnerships to fund critical infrastructure projects. Additionally, adopting best practices in workforce development— such as increased investment in apprenticeship programs and technical education—could help address labor shortages and create a pipeline of skilled workers. By embracing these strategies, Delaware can create a more dynamic and competitive environment for development. n
Managing Growth with Planning and Partnerships
BY MAYOR KENNY BRANNER
WHEN ASKED TO DESCRIBE how the Town of Middletown has become an example of strategic growth in Delaware, I have to say in my 36 years as mayor, there have been several collaborations that stand out as successes, which I’d like to share.
We have become known as a business-friendly community, mostly because my staff and I meet weekly with all kinds of business opportunities. I always tell them, “Yes, we can do that,” and then work with the town staff to figure out how to make it happen. But seriously, it has always been beneficial to say “yes” because we have our own water, sewer, permits, inspections, and electric departments in place—everything is done in-house.
The Town of Middletown made the decision in the 1990s to forge its own destiny as we examined our comprehensive plan and saw New Castle County surrounding our borders. We were faced with either growing ourselves or watching the county grow and box us in.
So, we had our facilities ready for hookup. Next, we reviewed our processes and found that if a business wanted to be open as quickly as possible, we could get them through meetings with planning and zoning and the mayor and council in about two months—if they had their engineering plans complete and were zoned for the parcel. If, like Amazon, they wanted to be up and open in about 10 months, we proved in 2012 that we could do that with effective communication and a solid game plan. Because we look at all businesses in town as partners, we sit down one-on-one to have a discussion—from a small mom-andpop business to a 10-story distribution center with AI robots working inside, something the town will see being built in the next few months.
We held a referendum in 2000 to build our own wastewater treatment facility, and residents wholeheartedly supported the vote. Once we had our wastewater system in place, expanded our water system to include interconnections with Artesian Water, and added an electric substation to the town’s portfolio, we were able to confidently say “yes” to development.
As part of that referendum, we also made a promise to current residents that they would not pay for this future infrastructure. We set up a system to collect impact fees from developers and builders, using those funds for growth. Because of this plan, we have never raised taxes and do not use the impact fees for our general budget. Residents should never be responsible for the cost of the growth around them.
Over the years, we found that when potential businesses sat down with us, they had these questions:
• Do you have water, sewer, and electric?
• How fast can we get through the government process?
• What about working with DelDOT and DNREC?
And finally, DelDOT. The Town of Middletown was one of the first municipalities in Delaware to incorporate a traffic improvement district (TID) with our Westown area. Because we had a developer at the time who had created a master plan for Westown, we met with DelDOT and put together a plan for traffic improvements, including turning lanes, lights, and access roads for 1,500 acres involving at least 13 developers. Since 2004, more than $30 million in transportation improvements have been completed, with at least another $16 million planned. The town has since implemented a TID on the east side of Middletown, the Eastown TID.
Looking ahead, Middletown’s growth isn’t slowing down. With a new distribution center on the way, plans for the area’s first hydrogen fuel production facility, and continued development in Eastown and Westown, we’re keeping the momentum going. It’s an exciting time for our town, and we’re proud to continue building a community where businesses and residents thrive. n
Kenneth “Kenny” Branner is mayor of the Town of Middletown, Del.
POWERING WHAT’S
Constructing a Future
Bancroft celebrates 50 years of innovation and leadership
CONTRIBUTED BY BANCROFT CONSTRUCTION
FIFTY YEARS AGO, Bancroft Construction began as a vision fueled by the entrepreneurial spirit of Stephen M. Mockbee, a U.S. Marine Corps veteran with a passion for building. Mockbee’s journey started humbly as Mockbee Builders in 1975. With the transition to Bancroft Builders and eventually Bancroft Construction, his vision evolved into what is now a $250 million construction management firm.
Bancroft’s first project—a space renovation for sculptor Charles Parks at the historic Bancroft Mills in Wilmington, Del.—was more than just a construction project. It symbolized an opportunity for Mockbee to stake his claim on the construction industry and make an impact on the surrounding community.
During Bancroft’s 40th anniversary, Mockbee recalled, “Growth through customer satisfaction was more important than profit margins. Building a strong and loyal customer base is the key to sustaining longterm success.” That philosophy guided the company from its humble roots to becoming a trusted partner for prestigious projects, including the recently completed $250 million Longwood Gardens Reimagined project.
LEGACY AND BECOMING AN IDUSTRY LEADER
Over the decades, Bancroft transitioned from a small, familydriven business into an employeeowned company—a shift that reflected its deep commitment to collaboration and shared success. Founded on 12 guiding principles such as integrity, concern for others, continuous improvement, and trustworthiness, the company’s culture has remained steadfast while adapting to the evolving construction landscape.
In 2011, Greg Sawka assumed the role of president and CEO, guiding Bancroft into its next era of growth. Under his leadership, Bancroft expanded its reach throughout the Mid-Atlantic region with offices in Princeton, N.J., and Salisbury, Md., and embraced technology-driven innovations in project management.
MAJOR ACHIEVEMENTS: A CELEBRATION OF IMPACT
From constructing the largest living green wall in North America at Longwood Gardens to delivering Delaware’s first LEED-certified school, Bancroft’s achievements reflect its dedication to sustainability and excellence. Key milestones include:
• DuPont OPD1: The largest project in Bancroft’s early history
• P.S. DuPont Middle School: The largest school renovation in Delaware’s history
• Longwood Gardens East Conservatory Plaza: Home to the nation’s largest living green wall
• Hanby Elementary School: Delaware’s first LEED-certified school
• Longwood Reimagined: Bancroft’s largest project to date, redefining the iconic gardens for the next century
• Bristol-Myers Squibb: Bancroft celebrates completing more than 1,400 projects during its nearly 20-year alliance agreement with BristolMyers Squibb
• Christiana Care Freestanding Emergency Department: A milestone in healthcare construction
As Bancroft looks to the future, its focus remains on bettering communities, fostering innovation, and building lasting
relationships. “Our guiding principles are more than words—they are the foundation of how we approach every project and partnership,” says Sawka.
LOOKING AHEAD: BUILDING THE NEXT 50 YEARS
Bancroft’s commitment to its team, clients, and trade partners continues to shape its legacy. Guided by a culture of integrity and innovation, the company’s trajectory is clear: to lead with purpose and leave an enduring impact on the communities it serves.
From its modest beginnings in a Marine Corps veteran’s vision to becoming an industry leader, Bancroft’s journey is a testament to perseverance, teamwork, and a relentless pursuit of excellence. Here’s to 50 years of not just constructing buildings but bettering our communities, driving innovation, and building lasting relationships. n
Newsbites
Dover YMCA Hires New Community Executive Director
After an extensive search, the YMCA of Delaware has named John Rice as the new community executive director of the Dover YMCA. With more than a decade of YMCA leadership experience, Rice brings a wealth of expertise in program innovation, staff development, and community engagement to his new role.
His commitment to equity and inclusion, shaped by experiences across four continents, reflects his dedication to advancing social justice and fostering stronger communities. A graduate of Springfield College, Rice holds a Bachelor of Science in youth development with a minor in YMCA professional studies. He also carries certifications in YMCA leadership, lifeguarding, and other areas.
Recognized as a thought leader in youth development, Rice has shared his insights at numerous conferences, presenting on topics such as inclusive programming, staff training, and fostering member engagement.
“I am honored and excited to join the Dover YMCA as community executive director,” Rice said. “The YMCA has been a cornerstone of my life since I was a young volunteer, and I am deeply passionate about its mission to empower individuals and strengthen communities. I look forward to working alongside the incredible staff, volunteers, and members of the Dover community to build innovative programs, foster inclusivity, and create opportunities for growth and connection.”
Longwood Foundation Awards Grant to Easterseals
Easterseals Delaware & Maryland’s Eastern Shore, a nonprofit organization dedicated to creating an inclusive community through innovative services, recently received a grant from the Longwood Foundation to fund two critical projects at Easterseals Camp Fairlee: replacing the aquatics area and adding a sensory-friendly cabin.
“We are grateful to the Longwood Foundation for their incredible gift to our Camp Fairlee projects. Our new pool and sensory-friendly cabin will create decades of memories for current and future campers,” Easterseals President and CEO Kenan Sklenar said. “It is thanks to our partnerships that we are able to continue to provide innovative services to our community.”
After 61 years of memories made in the current pool, Easterseals plans to demolish and rebuild the aquatics facility, which will include a pool, pump house, and pool house. The new aquatic area is set to be ready for the 2025 summer camp sessions. The state-of-the-art
facility will feature a zero-entry ramp, rails, a chair lift, a soft deck transfer station for safety, and a lanai for sun protection, ensuring a safe and enjoyable experience for individuals of all abilities.
Christina Kelley joins GGA Construction
GGA Construction recently welcomed Christina Kelley as its new business development manager. Kelley brings more than 25 years of experience in media and advertising, including a successful career at Today Media and as manager of business development for American Express. Her expertise and fresh perspective are poised to make a significant impact on the construction industry.
Kelley’s dedication to the industry is reflected in her longstanding involvement with Associated Builders and Contractors (ABC) Delaware, where she has been an active member since 2009. Her contributions include serving on the Public Relations and Membership committees and volunteering for the ABCares Committee. Kelley is also a regular participant at industry events and
was previously recognized as Associate Supplier of the Year by ABC Delaware.
“We are thrilled to have Christina join our team,” said Lorri Grayson, partner and founder at GGA Construction. “Her extensive experience, industry knowledge, and passion for community engagement will be instrumental in driving GGA Construction’s mission forward.”
Dr. Colleen Perry Keith
Elected as NCAA Vice Chair
The NCAA is a member-led organization committed to the wellbeing and success of college athletes. Each year, its schools provide nearly $3.5 billion in athletic scholarships, with student-athletes graduating at higher rates than their peers.
At the NCAA Convention, held Jan. 14-17, 2025, in Nashville, Tenn., Dr. Colleen Perry Keith, president of GoldeyBeacom College, was elected vice chair of the Board of Governors. Keith, who currently serves as chair of the Division II Executive Board, will serve a one-year term as vice chair. Her term as Division II board chair expires in January 2026.
John Rice
JLAM Opens New Charlotte Office
Jack Lingo Asset Management (JLAM), a leader in real estate investment and development, is expanding into the Carolinas with the opening of a new office in Charlotte, N.C. This strategic move positions the firm to capitalize on the region’s rapid growth, fueled by a strong job market, a favorable business climate, and a high quality of life.
Located in Charlotte’s South End neighborhood, the office will serve as a hub for sourcing investment opportunities across the Carolinas. It will be led by Parker Smith, market leader and director of investments, who brings extensive expertise and industry connections to the role. Smith previously served as director of investments at Grubb Properties and holds an MBA in real estate from the University of North Carolina’s KenanFlagler Business School.
“I am honored to join JLAM and lead our investment efforts in the Carolinas,” Smith said. “The firm’s focus on creating and investing in places where people want to be aligns with my own vision for impactful real estate investment. I look forward to contributing to JLAM’s continued success in this thriving region.”
Constellation to Acquire Calpine Corp.
Constellation (Nasdaq: CEG) and Calpine Corp. recently announced they have entered into a definitive agreement under which Constellation will acquire Calpine in a cash and stock transaction valued at an equity purchase price of approximately $16.4 billion, composed of 50 million shares of Constellation stock and $4.5 billion in cash plus the assumption of approximately $12.7 billion of Calpine net debt.
The agreement creates the nation’s largest clean energy provider, opening opportunities to serve more customers coast-to-coast with a broader array of energy and sustainability products. Already the nation’s largest producer of 24/7 emissions-free electricity, Constellation will add Calpine, the largest U.S. producer of energy from low-emission natural gas generation and an expanded renewable
energy portfolio, including the largest geothermal generation operation in the U.S. The combination also forms the nation’s leading competitive retail electric supplier, providing 2.5 million customers with a broader array of customized energy and sustainability solutions and new product offerings to help them manage energy costs and achieve their sustainability goals.
Lerner College Launches Early Career Co-op Program
The University of Delaware’s (UD) Alfred Lerner College of Business and Economics has secured a grant with the Delaware Workforce Development Board to give Lerner students a unique opportunity to gain real-world experience while continuing their academic learning.
The Lerner-Delaware Early Career Co-op Program is an exclusive oneyear, paid internship/co-op opportunity designed for rising juniors and seniors enrolled in UD’s Lerner College. Participants gain meaningful work experience, develop their professional network, and apply classroom knowledge, all while earning credits toward their degree and receiving monetary compensation from their employers.
For employers across the state, the program offers the chance to bring motivated and skilled Lerner students into their companies, gaining access to a pipeline of future business leaders eager to apply their knowledge and develop their skills within the workplace.
The program is currently in the beginning stages where area companies are signing on and providing job descriptions, and students are submitting resumes. Interviews will be conducted and job offers will be finalized through May, with the program officially starting in June.
Did you miss the Chamber Chatter online? Here are some posts about us on social media...
@Delaware State Chamber of Commerce
@DelawareStateChamber
@MattMeyerDE: Tonight, it was a pleasure to join the @DEStateChamber for their 188th Annual Dinner, sharing my vision for a thriving Delaware where businesses are born and stay here.
@DEStateChamber
By investing in our people and communities, Delaware will continue to be an epicenter of innovation — a place where companies from across the world want to do business.
Office of the State Treasurer: It was a fun and delicious time at the Taste of Delaware last night in Washington, DC. In addition to Honorary host Senator Christopher Coons, several elected officials including Senator John Hickenlooper of Colorado, joined many other attendees as they sampled some of the finest culinary flavors from the First State! ��
Morris James LLP: We were honored to attend the Delaware State Chamber of Commerce Annual Dinner, Delaware’s premier business event bringing together over 1,100 leaders from across business, community, and government.
It was inspiring to hear keynote speaker Rod Ward, president and CEO of CSC, share insights on leading a global business powerhouse.
We also would like to extend our congratulations to Senator Tom Carper, this year’s recipient of the prestigious Josiah Marvel Cup, for his incredible contributions to Delaware and its community. #DelawareBusiness #Networking
IN CASE YOU MISSED IT
The Starboard: Earlier this week, some of our crew took a road trip to the Russell Senate Building in DC for the Annual Taste of Delaware, hosted by the incredible Senator Chris Coons! We were proud to represent the First State by serving up Delaware’s official state cocktail – the iconic Orange Crush. �� What a fantastic event showcasing the best culinary traditions Delaware has to offer! #TasteOfDelaware
Anastasia Jackson: What a fantastic evening at the Delaware State Chamber of Commerce annual dinner! It was a pleasure connecting with new professionals during the networking hour. We even captured some memories at the amazing photo booth! Huge congratulations to US Senator Tom Carper and Senator Nancy Cook on your well-deserved awards. Your unmatched service is a beacon of hope for Delaware’s future
U.S. Senator Lisa Blunt Rochester: Thrilled to stop by the most anticipated event of the year on Capitol Hill celebrating Delaware’s food and festivities — Taste of Delaware!
Chamber Calendar
MARCH 27, 2025
Spring Manufacturing & Policy Conference
The Spring Manufacturing & Policy Conference recognizes the many important contributions that manufacturers make to Delaware’s economy. The event also features the reveal of the Coolest Thing Made in Delaware contest winner.
$75 Members | $95 Future Members
Sponsorship opportunities and exhibit tables are available.
APRIL 29, 2025
Navigating Delaware Pathways Summit
This full-day summit is an immersive experience designed to unite educators, higher education professionals, and employers in a comprehensive exploration of education and workforce development. The event also features the Superstars in Education and Training awards luncheon.
$100 Members | $125 Future Members
Sponsorship opportunities are available.
MAY 15, 2025 Small Business Day in Dover
Join us in Delaware’s capital for Small Business Day in Dover! Connect with legislators who shape policies that impact your business, attend a Small Business Caucus meeting, and discuss key issues that matter to you.
FREE to attend
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The State Chamber of Commerce staff works for you, serving our member companies and organizations statewide. This State Chamber staff directory lists phone numbers and email addresses, as well as individual areas of responsibility. If you need business assistance or information, please don’t hesitate to call.
Michael J. Quaranta President (302) 576-6585 mquaranta@dscc.com
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