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Carney holds signing event for bill overhauling state economic development

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Photo by Fred Bourdon

Gov. John Carney yesterday held a signing ceremony for a bill overhauling the state’s economic development efforts.

The bill will effectively dissolve the Delaware Economic Development Office and create a public-private partnership in its place. The new Delaware Prosperity Partnership will seek to promote entrepreneurship, support workforce development efforts, and produce long-range analysis of economic trends.

The signing ceremony took place at the Delaware Innovation Space at the DuPont Experimental Station in Alapocas.

“By restructuring our economic development efforts, we’re positioning Delaware to create good-paying jobs, build an entrepreneurial ecosystem, and ensure that Delaware remains a leading state to do business,” said Gov. Carney. “We will partner with private business to draw on new resources, and ideas, for improving our economy.”

The bill also creates a new Division of Small Business, Development and Tourism to continue the work of DEDO supporting small business owners, minority-owned businesses, and entrepreneurs.

The partnership, meanwhile, will focus on attracting large employers and technology and early stage businesses.

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