The First State’s growing biosciences industry has its roots in the 1992 creation of the Delaware Technology Park, state life sciences and technology advocates told a Senate committee today. Today, that sector of the economy is responsible for 11,000 jobs with $2 billion in gross domestic product, said Mike Fleming, president of DelawareBio, which advocates for and offers support to …
UD alumna jumped into ‘Shark Tank;’ swam away with deal
University of Delaware graduate Joelle Flynn peddled her lipstick-size toothbrush on ABC’s “Shark Tank,” cutting a $250,000 deal with one of the sharks. FunkkOFF! TeethRefreshers was created in 2010 as a way for people to discreetly brush their teeth when they’re on the move – especially when they’re drinking red wine. It hit the consumer market in 2019. Flynn had …
Bethany Beach Marriott makeover includes new restaurant
A hotel on the Bethany Beach boardwalk is getting a multimillion-dollar makeover that includes a new indoor-outdoor pool and a new restaurant, replacing 99 Sea Level, which has closed. The saltwater pool at the Bethany Beach Ocean Suites Residence Inn by Marriott will also be refreshed with a retractable roof. The new restaurant is called Via Sophia by the Sea. …
Delaware gives big grants to 10 small businesses
Ten small businesses in Delaware have been awarded grants in the sixth round of the Encouraging Development, Growth and Expansion competition. Since the state government launched EDGE in 2019, $4.2 million has been awarded to 68 promising small businesses. In this round, more than 120 businesses applied for grants. Businesses that are less than 5 years old and employ no more …
$60K fine, 2½-year suspension for Milltown financial adviser
The president of a Milltown financial advice company will pay $60,000 in fines and serve a 2½-year suspension from registration in Delaware. The penalties were assessed on financial adviser Robert Brandon Prettyman for “making false and misleading statements” to the state securities regulator and “providing advisory services to clients while unregistered to do so.” His Kirkwood Highway company, Summit Wealth …
Brandywine Town Center redevelopment tweaked
Community feedback has inspired tweaks to plans to redevelop the Brandywine Town Center. “They want to elevate the look, the feel and the offerings” in the area closest to Naamans Road, said Mike Hoffman, of Tarabicos, Grosso & Hoffman, the Delaware land use attorney for the Acadia Realty Trust. “It should be the front door and the heart of the …
One store’s still standing at Tri-State Mall
The news coverage of what’s happening at the old Tri-State Mall (which closed in 2015, leaving a small strip shopping center still running) has largely ignored a store that’s thrived there since 1984. Tri-State Liquors is still in business, as several signs on chain link fencing along Naamans Road proclaim, and it’s planning to move soon across the parking lot to …
Warehouse announced on 28 acres in First State Crossing
A developer has sold 28 acres in First State Crossing, a multiuse Claymont site that once housed a steel plant, and the buyer will build a 358,000-square-feet warehouse there. First Industrial Realty Trust is planning a rear-load facility with 68 dock door positions, a 40-foot clear height and parking for 241 trailers and 289 cars. The land is on the …
DuPont trailblazer given state chamber’s highest award
Stacey J. Mobley was given the Delaware State Chamber of Commerce‘s most prestigious award, the Josiah Marvel Cup, Monday during its annual dinner Monday night. Mobley, who was senior vice president, chief administrative officer, and general counsel of the DuPont Corp., was a champion of using technology-based materials and solutions to transform industries and life as well as being a …
24-hour pharmacies on way back to Delaware
Pharmacies trying to surmount national staffing shortages and burnout are buying robots to sort meds, using remote pharmacists, offering bonuses as high as $75,000 and changing how pharmacists are evaluated. They’re also cutting store hours. That’s why it appears that Delaware no longer has any 24-hour bricks-and-mortar retail pharmacies. For now. But there’s hope. Walgreens, the No. 2 pharmacy chain …