Tag: Innovation

MRA Group in Wilmington DE

MRA Group Signs Lease at Chestnut Run

MRA Group Signs First Long-Term Lease at Chestnut Run Innovation & Science Park in Wilmington, Delaware

MRA Group in Wilmington DE

December 23, 2021 –

WILMINGTON, Del. – MRA Group (MRA)  announced that on November 30, 2021, it signed the first long-term lease for research and laboratory facilities at Chestnut Run Innovation & Science Park (CRISP), MRA’s recently announced life science and manufacturing campus in Wilmington, DE.

Prelude Therapeutics Incorporated (Prelude Therapeutics)  is the first major tenant at CRISP, aside from DuPont who is currently leasing approximately 190,000 square feet of space on the campus. However, according to Mike Wojewodka, MRA Group Executive Vice President and Partner, “Activity has been brisk, with a significant pipeline of prospects looking at the various options on the campus.”

“MRA’s acquisition of a significant portion of the Chestnut Run property is great news for Delaware and the state’s role in an ever-expanding life sciences sector,” said Kurt Foreman, President & CEO of Delaware Prosperity Partnership. “We can think of no better location for an innovation park than the place that includes the DuPont Company’s global headquarters. DuPont began Delaware’s tradition in breakthrough innovation and now with MRA’s acquisition that tradition will continue raising the bar for transformative developments created through scientific research.”

“Since our founding in 2016, Prelude Therapeutics has proudly contributed to the growth of an evolving biotech hub in the Wilmington area,” said Kris Vaddi, PhD, Chief Executive Officer. “We believe our planned state-of-the-art office and lab space, and centrality to a life sciences campus, will enable us to continue attracting top-tier, diverse talent to our exceptional team. We look forward to establishing our new headquarters in Chestnut Run as we continue to advance our pipeline of potentially transformative medicines for people living with underserved cancers. We thank the State of Delaware for its ongoing investment in building an entrepreneurial and connected business community.”

“This is great news,” stated Delaware BioScience Association President Michael Fleming. “Prelude Therapeutics’ decision to make their new long-term home at CRISP underlines the significant momentum and opportunity in the Delaware life sciences sector. Prelude’s new, expanded presence in that exciting site will undoubtedly be a magnet for more innovative science companies there and in other great locations, our state offers. Most importantly, we should remember this significant investment and the new jobs it has the potential to create is all focused on the hard but noble work of developing breakthrough therapies for patients with some of the most difficult and deadly cancers, and for that we should be grateful. We look forward to continuing to partner with the MRA Group to ensure CRISP flourishes as a thriving hub of scientific investment.”

“This is how we win the future,” said New Castle County Executive Matt Meyer. “A homegrown, innovative advanced sciences startup is choosing to stay home, thanks to the investment of MRA Group and the collaborative efforts of state and county governments and the Delaware Prosperity Partnership.

“The construction of Prelude Therapeutics’ new headquarters is included in the initial phase of MRA’s $500M redevelopment plans for the campus. Other plans include creating additional R&D laboratories, and advanced manufacturing space, as well as campus amenities such as a hotel, a fitness center, conference space, an outdoor amphitheater, and accommodations for food services including restaurants and eateries. More information regarding CRISP can be found on the campus website at www.crisp-campus.net.

Kurt Foreman

PRESIDENT & CEO

Newsletter Sign Up

Stay Up To Date With Delaware

Continue reading

delaware space grant program Dr. Muldrew

Delaware Space Grant Consortium Launches Students into Innovation

Delaware Space Grant Consortium Launches Students into Innovation

delaware space grant program Dr. Muldrew

NASA is looking for more than a few good scientists, and Delaware is producing an abundance of them through NASA’s Space Grant program.

According to Dr. Milton Muldrow, chair of Science, Biology, and Environmental Science & Policy at Wilmington University and an associate director of the Delaware Space Grant Consortium, NASA’s National Space Grant College and Fellowship Project provides education and research resources for college-level students who have a potential future with the federal aeronautics and space agency.

NASA created the Space Grant program in 1989. Its national network includes more than 850 affiliates from universities, colleges, industry, museums, science centers, and state and local agencies. These affiliates belong to one of 52 consortia in all 50 states, the District of Columbia, and the Commonwealth of Puerto Rico.

Creating a Tech-Savvy Workforce for the Future


Through the Consortium, Delaware aims to contribute to the technologically literate workforce that NASA and other STEM entities will need in the years ahead.

“The project’s mission is to produce the workforce of the future for NASA,” Muldrow said. “They do this through research engagement for college students, internships and fellowship programs.”

The objectives of Space Grant are to encourage cooperative programs among universities, the aerospace industry, and federal, state and local governments, as well as interdisciplinary education, research, and public service programs related to aerospace. Space Grant also aims to promote a strong science, technology, engineering, and mathematics pipeline through higher education experiences. Muldrow’s introduction to the project came six years ago, when he became chair of Wilmington University’s science programs.

“After we developed science programs at Wilmington University, we immediately tried to align with Space Grant,” he said. “We wanted to offer more opportunities to our students.”

Since then, he added, several students have gotten involved and succeeded.

“My first student to receive a grant through the program created hundreds of maps of coral communities off the Florida Keys based off publicly available data,” Muldrow said. “She did amazing work.”

Interested students work with Muldrow, who submits a proposal to Space Grant based on his research goals. Students who participate in the program come away with tangible deliverables to offer potential employers in their chosen field, along with a notable affiliation.

“The name of the game, coming out of college, is no longer about just a degree,” Muldrow said. “Employers really want to see what you have done. And seeing that a potential employee has participated in a NASA project is a big deal for employers.”

The Space Grant program gives Delaware colleges and universities another means of producing valuable contributors to today’s innovation society.

“When our students get jobs at big labs and institutions, it shows the world the kind of talent we have in Delaware,” Muldrow said. “I’m just blown away every semester, not just by how intelligent the students are, but also how motivated they are.”

When students are accepted into the Space Grant program, they don’t just work on their projects. They also learn how to conduct themselves as scientists and comprehend the importance of being competitive. 

“The students learn skills such as working hard and going above and beyond because, at the end of the day, they’re competing with people globally for jobs,” Muldrow said. “Having that NASA banner next to your name is impressive, and our students go on to do great things.”

The Space Grant program also spotlights the work Delaware has contributed to the world of science and technology. Besides Wilmington University, the Delaware Space Grant Consortium includes the University of Delaware, Delaware Technical Community College, and Delaware State University. In Pennsylvania, Swarthmore College and Villanova University are participants. 

“It highlights the work that’s already being done in Delaware – work that people may not know,” Muldrow said. “Our director, Dr. William Matthaeus, is world-renowned. He helps develop satellites, including the Parker Solar Probe that launched to the sun.”

Through Space Grant, a group of Wilmington University students recently saw their work launched into space.

“The students helped to build a payload that takes various measurements while in space,” Muldrow explained. “This one went off into space from Wallops Island, Virginia, this spring. That is a national project, and to be represented on the national stage is putting Delaware innovation on the map.”

The student who produced maps of the ocean floor while still enrolled at Wilmington University was offered jobs in her field before receiving her diploma.

“She has moved up quickly,” Muldrow said. “She now works for DNREC – the Delaware Department of Natural Resources and Environmental Control – doing exactly what she did for us: she is a GIS specialist creating maps.”

Another recent graduate entered the Space Grant program with the primary goal of working in a lab. She procured a job at Merck, a pharmaceutical company, using Space Grant as her primary experience when she graduated. And she’s already been promoted.

An additional Wilmington University alum went on to the environmental engineering program at the University of Maryland, Baltimore County, which partners with NASA. 

“We have students participating in projects such as GIS mapping, policy research, biological research, and genetic engineering,” Muldrow said. “Our students have gone on to do some amazing things thanks to NASA’s Space Grant Project.”

Newsletter Sign Up

Stay Up To Date With Delaware

Continue reading

The Innovation Space expands in Delaware

The Innovation Space™ Expands Lab and Office Space for Startups

The Innovation Space™ Expands Lab and Office Space Available to Startups

The Innovation Space expands in Delaware

September 17, 2021 – 

50,000 Sq.ft.  Of Laboratory and Office Space Available April 2022


WILMINGTON, Del. – The Innovation Space™, an ecosystem with funding, resources, and programs tailored to accelerate and scale science-based startups, announced today that 50,000 ft2 of Class A laboratory and office space will be available in April 2022. This space, located in The Innovation Space’s Wilmington, Delaware headquarter building is comprised of 33 laboratories, 76 offices, and a network of shared conference rooms, collaboration spaces and amenities. Residential clients also gain access to the Experimental Station, a secure, 24/7 supported, innovation campus with a cafeteria, fitness center, exercise classes, and critical infrastructure support resources.

The lab and office footprint aims to enable biotechnology, chemistry, and material science startups as they grow and attain key milestones for expanded facilities. The space available in April 2022 is currently occupied by a large biotechnology client and supports both the advancement of their research and development of their business. Upon this client’s graduation from The Innovation Space in early 2022, the space will be made available to the next generation of startups and scaling companies.

“We are very pleased to be able to intensify our commitment to the growth of science-based startup companies and drive economic growth,” said Bill Provine, CEO of The Innovation Space. “This space would be a perfect fit for biotech or chemistry-based companies and can support multiple smaller growth companies or be a great home for a rapidly scaling larger company.”

“The Innovation Space has been a critical partner for Prelude Therapeutics in support of our rapid growth,” said Kris Vaddi, CEO of Prelude Therapeutics. “We continue to gain value from their entrepreneur-first business focus and flexible engagement strategies which have provided us with the framework to expand our company with them from 5 employees in 2017 to over 100 employees today,” said Vaddi.

“Whether you are just starting out your journey as a science entrepreneur or are have recently raised a multi-million-dollar round of investment, you will find supportive programs and capabilities across The Innovation Space that will enable you to move your startup forward more aggressively,” said Provine. “We are an entrepreneur-first organization and have both physical assets such as leveraged scientific equipment and world-class laboratory capabilities in addition to our supportive suite of business building programs. These programs include our First Fund™ where we provide investment, our Science INC™ cohort-based accelerator where we work intensely over a four month program with early startups on their business models and connect them with partners and investors, and our Spark Factory™ mentoring program where we provide access to and advice from seasoned functional experts and business leaders.”

About The Innovation Space™:

The Innovation Space is a multi-dimensional, non-profit entrepreneurial support organization and an ecosystem where entrepreneurs, scientists, business leaders, community members, investors, and service providers in the advanced materials, industrial and agriculture biotechnology, chemical ingredients, renewable energy, nutrition, therapeutics, diagnostics, and healthcare fields can build business concepts together and accelerate the path to commercialization of each startup. The Innovation Space was formed from a public-private partnership between the State of Delaware, DuPont, and the University of Delaware. The Innovation Space™ is also known as Delaware Innovation Space™ and the Home for Science Entrepreneurs™.

Learn more: innovationspace.org; https://bit.ly/TheInnovationSpace; and www.firstfund.org.

Newsletter Sign Up

Stay Up To Date With Delaware

Continue reading

Global Innovation Program partner CSC Delaware

Global Innovation Program Partners with CSC

Delaware Prosperity Partnership Global Innovation Program Helps Companies Incorporate with Ease and Speed

WILMINGTON, Del. — Delaware is recognized worldwide as a great place to do business. Now, through the Global Delaware Innovation Program in partnership with CSC, Delaware Prosperity Partnership (DPP) is providing hands-on support to international companies looking to incorporate in the First State.

Delaware is the legal home to approximately 1.4 million business entities from around the world, including two-thirds of Fortune 500 companies. As the most business-friendly state in the nation, Delaware boasts a large community of business professionals with the experience needed to help businesses establish themselves here in Delaware.

Key advantages to doing business in Delaware include:

  • Robust infrastructure for corporate governance and intellectual property.
  • Access to lending through major financial institutions with a Delaware presence.
  • Extended hours for services offered by the Delaware Division of Corporations to accommodate filing requests and expedite services for urgent and time-sensitive matters.

“Located in the center of the largest consumer market in the United States, Delaware offers an unparalleled opportunity for businesses to enter the U.S. market,” said Kurt Foreman, DPP president and CEO. “Our Global Delaware Innovation Program makes it easier for small to mid-size companies to incorporate with ease and speed through our partners at CSC, one of the world’s premier providers of business, legal, tax, and digital brand services.”

Headquartered in Delaware since 1899, CSC has adapted to serve companies of all sizes, in every phase of the business life cycle – from startups to 90% of Fortune 500 companies, law firms and financial institutions – streamlining the way they do business across the globe. CSC helps establish, grow and maintain small-to-medium sized businesses through its incorporate.com division, which provides a wide range of business services. Companies can form entities, acquire proper business licenses, file annual reports, assign CSC as a registered agent and access entity-management platforms online at incorporate.com.

“Building and operating a successful business is a rewarding experience that demands an unwavering focus on the details of compliance, risk mitigation and technology,” said Jennifer Kenton, CSC’s executive vice president and head of marketing and customer development. “Our teams are excited to help businesses start and evolve through the DPP Global Innovation Program.”

DPP’s Global Innovation Program helps connect businesses incorporating in Delaware with the agencies and personnel necessary to complete the process. It also acquaints businesses that are exploring their options with the advantages that incorporating in Delaware would offer them.

These include:

  • Modern and flexible business laws. Delaware is known as the preeminent authority on corporate law. The Delaware General Corporation Law is the most advanced and flexible business formation statute in the United States, and Delaware’s body of business law offers companies predictability and stability.
  • An internationally respected and responsive judiciary and legal community that acts with speed. Delaware’s Court of Chancery is recognized internationally as the preeminent forum for resolving business disputes. The Court of Chancery focuses on corporate law disputes and significant business cases, with most judges issuing opinions in 90 days or less.
  • Well-developed case law. Delaware case law is frequently cited by courts throughout the United States and internationally.
  • Innovative arbitration. The Delaware Rapid Arbitration Act allows most disputes to be expertly resolved within 120 days.
  • Low costs and privacy. Annual state franchise tax is limited to approximately $300, regardless of revenue, for entities that incorporate but do not do business in Delaware. Limited liability corporations (LLCs) in Delaware also benefit from privacy not provided in many other states, with only the entity name, registered agent and filing date published.

Another benefit for those working with Delaware’s Global Innovation Program is provided by The Mill. The co-working space headquartered inside Wilmington’s Nemours Building offers Global Innovation participants a discounted rate on turnkey access for a range of products and services. These include flexible workspaces, conference rooms, phone-answering and mail services, furniture and printers.

Further details about incorporating in Delaware and the assistance available through DPP’s Global Innovation Program are at incorporate.com/choosedelaware.

###

About Delaware Prosperity Partnership

Delaware Prosperity Partnership leads Delaware’s economic development efforts to attract, grow and retain businesses; to build a stronger entrepreneurial and innovation ecosystem; and to support private employers in identifying, recruiting, and developing talent. The DPP team works with site selectors, executives, and developers focused on where to locate or grow a business and help with reviewing potential sites, cost-of-living analyses, and funding opportunities, including available tax credits and incentives. DPP advances a culture of innovation in Delaware, working with innovators and startups to spotlight and celebrate successes and connect them with the resources they need to succeed. DPP and its partnerships throughout Delaware support and advance the missions of companies of all sizes and sectors. For more information, visit choosedelaware.com.

About CSC

CSC® is the business behind business.® As the world’s leading provider of business, legal, tax and digital brand services to companies around the globe, CSC is the unwavering partner of 90% of Fortune 500® and more than 65% of Best Global Brands (Interbrand®) corporations, nearly 10,000 law firms and more than 3,000 financial organizations. Headquartered in Wilmington, Delaware, USA, since 1899, CSC has offices throughout the United States, Canada, Europe and the Asia-Pacific region. The global company is capable of doing business wherever its clients are because it employs experts in every business it serves. For more information, visit cscglobal.com.

About incorporate.com

As the small business division of CSC®, incorporate.com supports the life cycle of entrepreneurship. In a few simple steps, entrepreneurs can start their business online as an LLC, corporation, S corporation, or nonprofit. To help companies stay on track and maintain compliance as they grow, incorporate.com offers a variety of products and corporate filing services, including registered agent service, business license services, annual reports, corporate kits, foreign qualifications, operating agreements and employer identification numbers. To learn more, visit incorporate.com.

Newsletter Sign Up

Stay Up To Date With Delaware

Continue reading

UD, Delaware Technology Park and Discover Bank partner on new FinTech building at STAR Campus

Option: 1

UD, Delaware Technology Park and Discover Bank Partner on new FinTech Building at STAR Campus

25 NOVEMBER, 2019 | PETER BOTHUM | UNIVERSITY OF DELAWARE

Once a nearly blank canvas inviting imagination for what the university of the future may look like, the University of Delaware’s Science Technology and Advanced Research (STAR) Campus is realizing such transformation on a daily basis. Combining top academics and research with industry and community partnerships, a renewed future is shaping in real time at this intersection of discovery, education and innovation, driven by a bold vision for positive impact on the world.

UD, Delaware Technology Park (DTP) and Discover Bank will partner on the construction of a new building that continues the STAR Campus’s march into the future, adding a building block that taps into the evolving world of financial services technology — commonly called FinTech — with an eye on growth for Delaware.

Like the previous construction on STAR Campus, the six-story, 100,000-square feet structure will bring various facets of an industry together under one roof, in this case the academic, business and governmental segments of the financial world.

“Working with DTP and Discover to strengthen Delaware’s growing FinTech sector, the University of Delaware is proud to participate in this public-private partnership, continuing development of knowledge and innovations that help drive our state’s economy,” said UD President Dennis Assanis. “Our University is a national leader in finance, technology and entrepreneurship, so combining our expertise and resources in these complementary fields will yield exciting opportunities for our students and faculty with meaningful impact on society.”

The new FinTech building will add immense value to Delaware’s growing prowess in financial technology. More and more financial services companies are morphing into technology companies. Global investment in FinTech-related companies rose from $18.9 billion in 2013 to $111.8 billion in 2018, according to a recent report by the Delaware Prosperity Partnership.

“We’re working hard in Delaware to support those entrepreneurs and innovators who will keep our state competitive in the 21st century economy, and drive new job creation,” Governor John Carney said. “We’re also good at working together in Delaware, and I am really pleased to see this kind of collaboration between the private sector and the University of Delaware. This partnership at the STAR Campus will help create a pipeline of skilled local talent, support our entrepreneurs, build on our strength in financial technology, and strengthen our economy over the long term.”

By constructing a hub where the financial services industry and academia intersect with technology and innovation, UD, Discover and DTP will contribute to the vitality of Delaware’s economy. UD’s research and instruction in data-related disciplines will create a highly capable workforce to feed the FinTech industry in Delaware, including the start-up businesses that will hatch, grow and spin out of the new facility.

The building will house:

  • Spaces for startups to develop and grow, managed by Delaware Technology Park. Tenants will have onsite access to business development resources and technical assistance.
  • Labs and centers associated within UD’s College of Engineering and Alfred Lerner College of Business and Economics. These spaces will link strengths and resources from both colleges on topics such as financial analytics, cybersecurity, human-machine learning and data analysis.
  • UD’s Office of Economic Innovation and Partnerships (OEIP) will relocate its offices from the Delaware Technology Park’s Innovation Way location.
  • Delaware’s Small Business Development Center, which will be synergistically located to offer assistance to OEIP’s Spin In program. This program connects UD undergraduate students with community entrepreneurs and early-stage startups to give them an inside look at business innovation in action and a chance to apply what they’re learning in real-life situations.

“Delaware Technology Park is excited to launch a new building project on STAR Campus in conjunction with the University of Delaware and funded by Discover Bank,” said Mike Bowman, president and CEO of DTP. “It will contain faculty, students and entrepreneurs with outstanding data science knowledge and digital management competencies as well as support resources for business development and community education.”

The $38 million project will be funded via a favorable below market interest rate loan by Discover Bank to DTP, the owner of the building. UD will lease space in the building.

Discover Bank is currently exploring ways to partner with UD on research related to the financial technology needs of the bank that may include cyber-related technologies, and consumer data analytics, applications and behaviors. A national nonprofit focused on improving the financial health of communities, has partnered with Discover Bank to work with UD, DTP, entrepreneurs and the community on the utilization and testing of financial technologies to improve consumer financial health.

“Discover Bank is dedicated to building stronger communities, which is why we’ve championed this project with the Delaware Technology Park and the University of Delaware to expand economic opportunities, create jobs in financial services and FinTech, and promote financial health for underserved populations,” said Discover Bank President James J. Roszkowski. “The development at STAR helps us realize our vision of creating brighter financial futures for consumers as well as creating new opportunities for the business community.”

The building, which is scheduled for a 2021 opening, will mark the first sizable presence of Lerner College on the STAR Campus.

“This project will create an excellent opportunity for UD students to explore new frontiers in data-related disciplines including computer and information sciences, computer engineering and financial analytics,” UD Provost Robin Morgan said. “With a focus on setting up our students for success, the UD community will have access to new space for academic growth and the pursuit of employment opportunities in the continuously expanding FinTech industry here in Delaware.”

Potential plans and programs include a cybersecurity leadership center that would link Lerner’s cybersecurity management with the College of Engineering’s cybersecurity engineering and technology, a space for human-machine learning and social media data analysis and a multi-media studio.

Kurt Foreman

PRESIDENT & CEO

Newsletter Sign Up

Stay Up To Date With Delaware

Delaware: The Small State Big on Innovation

Option: 1

Delaware: The Small State Big on Innovation

21 OCTOBER, 2019 | KURT FOREMAN | INDIA GLOBAL BUSINESS

Some of the world’s most transformative innovations got their start in Delaware. Centrally located on the East Coast of the US, between Boston and Washington DC, Delaware is known for its global leadership in science, tech and agriculture thanks to the track record of successful Delaware companies such as DuPont, which has operated in the First State for more than 200 years.

Thanks to Delaware Governor John Carney, two new business incentives will ensure that Delaware continues its storied legacy of business friendliness and innovation. The Angel Investor Tax Credit offers a 25 per cent tax break to individual backers who invest a minimum of $10,000 in a qualified Delaware company. Businesses eligible for the incentive must have fewer than 25 employees and engage in innovation as their primary business activity. This tax credit includes and is not limited to energy, food technology, cellulosic ethanol, materials science technology, nanotechnology, biotechnology, medical device products, pharmaceuticals, diagnostics, biologicals, and chemistry.

The New Economy Jobs Tax Credit supports employers that add at least 200 new jobs in the state with an annual salary averaging $70,000, or 50 new jobs with salaries of at least $120,000.

Businesses are choosing Delaware because of its highly respected and trusted corporate law system; its enviable East Coast location, varied talent pool its commitment to diversity and ease of incorporation.

When you combine Delaware’s access to an exceptionally experienced and welcoming talent pool from some of Fortune 500’s most innovative companies, emerging entrepreneurs have the best of both worlds, as well as the wonderful quality of life Delaware has to offer.

Just ask research scientist, Sumedh Surwade, PhD. He joined Fujifilm in New Castle, Delaware after post-doctoral research at the University of Pittsburg and Oak Ridge National Lab.

He founded SAS Nanotechnologies and is developing a potentially transformative innovation – environmentally friendly, self-healing, anti-corrosive coatings. It’s not only a green idea, but it also has implications and applications for everything from aerospace to the marine industry. Industries spend billions annually on repairing or replacing corroded metallic structures; a planet-friendly, self-healing coating would revolutionise industries that use metal.

The brand name for the planet-friendly coating is Shobhation. Surwade and his wife named the coating after his mother, Shobha, a Hindi word that means Grace; they blended the name with the defining super-quality of the coatings “to inhibit corrosion” and came up with Shobhation.

SAS Nanotechnologies not only won top honours at a local chamber of commerce’s 2018 Swim with the Shark’s Entrepreneurial Summit, it also garnered one of the AkzoNobel Paint-the-Future Global Start-Up Challenge Awards in Amsterdam. The competition for this international honour is steep and just getting short-listed is an honour, let alone winning.

With several patents in the review process, Surwade could have started his new company anywhere, but he chose Delaware. Surwade thinks Delaware makes it easier to begin a business than other places he has been. Delaware’s strong talent science and tech talent base gave him the encouragement he needed.

“In my opinion, Delaware is a wonderful place to start a business. It is a welcoming and friendly state with extremely talented people willing to share and support scientists and engineers starting out on their own. The support and guidance SAS Nanotechnologies received has been essential to our success,” said Surwade.

Shobhation is now being reviewed by industry partners and potential customers for feedback. Based on their insights, the product will be further refined, inching closer to commercial launch. As a beneficiary of investment capital, Surwade says angel investor tax credits play an important role for science and tech start-ups. “Angel investment is essential in the early days of capital-intensive research. To complete the journey from innovation to bench, to prototype, to commercial scale, is labour and capital intensive. Angel investors make all the difference.”

Batta Environmental Associates found its way to Delaware through a different route. Company founder Naresh Batta arrived in the US in the mid- ‘70s from India to complete an MS degree in Chemistry at the internationally recognised program at the University of Delaware. He liked what he experienced here, and he decided to form his business Batta Environmental Associates in the university-based town of Newark, Delaware.

Since its inception, Batta has grown steadily both domestically and internationally with work in Mexico, the UAE and India. With a solid presence along the East Coast, Batta’s growth plans include expanding its Environmental Engineering and Consulting Services both state-wide and internationally.

Senior VP Neeraj K. Batta says Delaware is a great and safe place to raise a family with the opportunity to experience everything from exceptional parks, beaches, art and culture, with easy access to just about anywhere.

Although Batta Environmental Associates has not leveraged Delaware’s tax credit, incentives or strategic fund, Batta explains that some of their clients have.

“In fact,” says Batta, “Delaware’s Brownfields Grant and Low-Income Housing Tax Credits from Delaware State Housing Authority have enticed some of our clients to actually locate and build in Delaware.”

Delaware has something for everyone, from small-town charm to metro life, and it is one of the most affordable and accessible places to live along the East Coast of the US.

Kurt Foreman is President and CEO at Delaware Property Partnership.

This article was originally posted on the Delaware Business Times at https://indiaincgroup.com/delaware-the-small-state-big-on-innovation-india-global-business/ 

Kurt Foreman

PRESIDENT & CEO

Newsletter Sign Up

Stay Up To Date With Delaware

  • 1
  • 2

Cost of Living Index Calculator

Cost of Living Index Calculator


Cost of Living Index Calculator

Cost of Living Index Calculator

Cost of Living Index Calculator