Aqua Science is asking for $50,000 from the state as part of the Delaware Technical Innovation Program. (Photo from Aqua Science website)

Aqua Science asks for state-funded bridge grant to support growth to $6.8M revenue in 2029

Jarek RutzHeadlines, Business

NEWARK – Aqua Science, a women-owned business led by Iwona Evans, is asking the state to provide a grant to help it take off from a long development runway. It is seeking $50,000 from the Council on Development Finance, part of the Delaware Economic Development Authority’s Division of Small Business, at its Dec. 9 meeting. The company, founded in 2020 …

Incyte

Incyte update: new drugs, cancer cures, downtown office plans

Betsy PriceBusiness, Headlines

Some of Incyte’s biopharmaceutical drugs can help skin problems and one seems to be a cure for vitiligo, CEO Hervé Hoppenot said in an update Thursday. He also said the company plans to renovate the two downtown MBNA buildings in a way that will make them unrecognizable to the people familiar with how they look now. And he predicted that …

Stem Delaware Center for Life Science Education and Training

$3 million pilot program to find, train people for STEM jobs

Betsy PriceBusiness, Headlines

A new 3-year pilot program bolstered by federal and state money will recruit and train Delawareans in STEM skills needed for basic laboratory and advanced biomanufacturing jobs. The move is part of a state focus on training a workforce for the future, partly to attract and keep the kind of STEM-related businesses expected to grow and provide more jobs in …

biosciences

Bioscience leaders prime legislators on growth of sector

Betsy PriceBusiness, Headlines

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 …

a close up of a hillside view of a city

Delaware grants pave way for Siemens expansion in Glasgow

Charles MegginsonBusiness, Headlines

Siemens Healthineers plans to add 29,000 square feet to its existing facility at the Glasgow Business Community.   Medical technologies company Siemens Healthineers is investing $32 million to expand its footprint in Glasgow. The company plans to add 29,000 square feet to its existing facility located at the Glasgow Business Community park off Route 896, according to a Monday press …