Delaware, sometimes called “the First State” because it was the first to ratify the United States Constitution, is the second-smallest state by area but also a hub for many corporations’ headquarters thanks to a corporation law that is attractive to business. More than half of all publicly traded companies based in the U.S. – and more than 60 percent of the Fortune 500 - are incorporated in Delaware. Education, banking, chemical and pharmaceutical development, healthcare and farming are all important drivers of the state economy. In this research brief, we will review some of the state-level funding and support initiatives that are available to serve new and established businesses in Delaware.
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