Governor Carney Signs Senate Bill 127

Legislation creates Site Readiness Fund to promote job creation, economic growth

MIDDLETOWN, Del. – Governor John Carney on Tuesday signed Senate Bill 127 alongside members of the General Assembly, the Delaware Prosperity Partnership, business owners, and local elected officials. This legislation was laid out in the Governor’s 2021 State of the State Address.

Senate Bill 127 creates a Site Readiness Fund that will promote economic growth and stability by investing in the development or improvement of commercial and industrial sites to attract job-creating businesses. The Fund will provide grants, loans or other economic assistance to qualified businesses or local governments that invest in constructing, renovating or improving infrastructure for sites that will attract new businesses or expand existing businesses within the State.

“We are competing for jobs every day, and we are working hard to ensure Delaware’s future and ongoing economic success,” said Governor Carney. “This legislation will allow us to quickly convert existing properties to meet the needs of prospective employers, spurring growth and new business investment. It’s just another way we are makingDelaware a top choice for businesses to start here and stay here. Thank you to all the members of the General Assembly, the Delaware Prosperity Partnership, and the Division of Small Business for their work on this legislation.”

“A good-paying job can change lives,” said Senator Jack Walsh. “But in today’s highly competitive environment, you can’t just sit back and hope your state will attract major employers. You got to work at it every day. Thankfully, Governor Carney, the Delaware Prosperity Partnership and the Division of Small Business are doing exactly that, and this legislation gives them another tool in their tool belt to help attract the kinds of companies and construction projects that will put our neighbors to work for years to come.”

“To ensure Delaware’s future and ongoing economic success, we need sites that can accommodate businesses and expedite the start-up time for new companies,” said Representative Bill Bush. “By taking this proactive approach in developing a ready supply of sites, we’re keeping Delaware competitive with surrounding states by attracting and retaining businesses with high-quality jobs.”

“Businesses who are considering locating in Delaware often need to make significant infrastructure investments, whether by constructing a new site or renovating an existing one. The Site Readiness Fund provides us the opportunity to offer those businesses an added incentive that can give us an advantage over other states,” said Secretary of State Jeffrey Bullock. “In today’s economic climate where competition among states and globally is heavy, this fund is a critical piece in expanding and sustaining economic growth in Delaware.”

“At a time when there is significant competition from other states, the Site Readiness Fund is an important tool in our economic development toolbox that we can use to stay competitive and incentivize businesses to locate in Delaware,” said Jordan Schulties, Director of the Division of Small Business. “The fund will go a long way in helping our state attract and retain businesses that will create quality jobs for Delawareans.” 

“This measure furthers the efforts of Delaware Prosperity Partnership and its many statewide partners because the improvements it will fund will help businesses choose Delaware for their location or expansion,” said Kurt Forman, President and CEO of the Delaware Prosperity Partnership. “DPP is grateful to the General Assembly for its support of this legislation and for its investment in ensuring that sites throughout the state are ready for the kinds of investment and job growth we all value.”

Photos from today’s bill signing can be found here.

Rewatch the bill signing ceremony here.

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Governor Carney, Delaware Prosperity Partnership to Host Conversations on Economic Development

Public events scheduled in all three counties to discuss Delaware’s economy, economic development

WILMINGTON, Del. – Governor John Carney and the Delaware Prosperity Partnership (DPP) announced community conversations on economic development efforts scheduled in all three counties. Governor Carney, co-chair of the DPP, will join DPP President, W. Kurt Foreman, as well as DPP staff and board members, to provide an update on the public-private partnership that leads economic development for the state.

The Delaware Prosperity Partnership is responsible for attracting, growing and retaining businesses; building a stronger entrepreneurial and innovation ecosystem; and supporting private employers in identifying, recruiting and developing talent in the state of Delaware. The state jointly funds the partnership’s operations with private business.

Governor Carney worked closely with members of the General Assembly to approve the concept and funding for the public-private entity. In August 2017, Governor Carney signed House Bill 226, creating the Delaware Prosperity Partnership and the Division of Small Business within the Delaware Department of State.

Governor Carney signed Executive Order #1 on his first full day in office to create the Economic Development Working Group to explore a new economic development strategy. Governor Carney’s economic development plan was built on recommendations from the Economic Development Working Group. Strategically partnering with the private sector on economic growth was a key recommendation of the Governor’s Action Plan for Delaware.

DPP Community Conversations on Economic Development

Each event is open to members of the public and press.

Tuesday, February 19 – GEORGETOWN

WHO: Governor John Carney
  W. Kurt Foreman, President, Delaware Prosperity Partnership
  Becky Harrington, Director of Business Development, Delaware Prosperity Partnership
  Rob Rider, CEO, O.A. Newton and Delaware Prosperity Partnership Board Member
  Ed Kee, Former Secretary of Agriculture and Delaware Prosperity Partnership Board Member
  State Representative Bill Bush, Delaware Prosperity Partnership Board Member
  State Representative Lyndon Yearick, Delaware Prosperity Partnership Board Member
  State Senator Ernesto Lopez
  State Senator David Wilson
  State Representative Daniel Short

 

WHEN: Tuesday, February 19, 2019
  5:30 p.m.

 

WHERE: Delaware Technical Community College
  Jack Owens Campus
  21179 College Drive
  Georgetown, DE 19947

 

Wednesday, March 20 – DOVER

WHO: Governor John Carney
  W. Kurt Foreman, President, Delaware Prosperity Partnership
  Becky Harrington, Director of Business Development, Delaware Prosperity Partnership
  State Representative Lyndon Yearick, Delaware Prosperity Partnership Board Member
  State Senator Colin Bonini
  State Senator Dave Lawson
  State Representative Kevin Henlsey

 

WHEN: Wednesday, March 20, 2019
  6:00 p.m.

 

WHERE: Delaware Technical Community College
  Charles L. Terry Campus, Jr.
  100 Campus Drive
  Dover, DE 19904

 

Tuesday, April 2 – WILMINGTON

WHO: Governor John Carney
  W. Kurt Foreman, President, Delaware Prosperity Partnership
  Becky Harrington, Director of Business Development, Delaware Prosperity Partnership
  State Representative Lyndon Yearick, Delaware Prosperity Partnership Board Member
  State Senator Anthony Delcollo
  State Representative Krista Griffith
  State Representative Gerald Brady
  State Representative Paul Baumbach
  State Representative Nnamdi Chukwuocha
  State Representative Sherry Dorsey Walker

 

WHEN: Tuesday, April 2, 2019
  6:00 p.m.

 

WHERE: Arsht Hall – University of Delaware
  2700 Pennsylvania Ave
  Wilmington, DE 19806

 


Governor Carney, Delaware Prosperity Partnership Announce Interim CEO

John Riley will help develop strategic plan and lead search for permanent leader

WILMINGTON, Del. – Governor John Carney on Friday announced that John Riley, a former state Director of Business Development, will serve as interim CEO of the Delaware Prosperity Partnership – the newly-established public-private partnership that will lead the state’s economic development efforts.

In the position, Riley will help launch operations, develop a strategic plan for the new nonprofit, and conduct a search for a permanent chief executive.

“John is well-known and respected across our state, and has significant experience in economic development,” said Governor Carney, who will serve as co-chair of the Delaware Prosperity Partnership board. “I’m pleased he has agreed to help us launch the partnership. We are committed to changing the way we do business, fostering innovation, and growing our economy. I’m confident John will help position the partnership to succeed.”

“Establishment of this entity was a critical step to enhance the state’s ability to attract, grow and retain companies; to build a stronger entrepreneurial culture and to support private employers in identifying, recruiting and developing talent,” said Rod Ward, President of CSC and co-chair of the Delaware Prosperity Partnership board. “As Interim CEO, John will work with the board on the recruitment of a permanent CEO and development of a strategic plan for Delaware.”

“Thank you to Governor Carney and the entire board of the partnership for this opportunity,” said John Riley. “Delaware has great assets – a talented workforce, a strategic location along I-95, responsive leadership, and great communities up and down our state. I look forward to doing everything I can to attract investment and additional good-paying jobs to our state, and setting up this new partnership to succeed in helping grow our economy.”

Riley served as Director of Business Development under then-Governor Thomas R. Carper. He retired from Ashland where he was Director of Government Relations and previously served as Director of Public Affairs for Hercules Incorporated. Riley has continued to be active in economic development and assisted Governor Jack Markell’s Administration with Delaware’s strategy in responding to the DuPont-Dow merger.

Members of the Delaware Prosperity Partnership board approved the hiring of Riley at an organizational meeting this week.

Governor Carney, who took office in January, has made it a top priority to restructure Delaware’s economic development efforts, and strategically partnering with the private sector on economic growth was a key recommendation of the Governor’s Action Plan for Delaware. Last month, Governor Carney signed House Bill 226, creating the Delaware Prosperity Partnership and a new division within the Department of State to support small business growth.

The Delaware Prosperity Partnership will be run day-to-day by the chief executive officer and a full-time staff. The nonprofit will lead business marketing efforts for the state, with a focus on attracting early-stage and technology-focused businesses, recruitment of large employers, and expansion of international business opportunities for Delaware companies. Its leaders also will work with employers and Delaware educators to fill key talent gaps in the state. The state will jointly fund the partnership’s operations with private business.

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Governor Carney Announces Strategic Plan to Restructure Delaware’s Economic Development Efforts

Plan will create new public-private entity and new economic development division at the Department of State

WILMINGTON, Del. – Governor John Carney announced a plan on Wednesday to create a public-private partnership and strategically realign Delaware’s economic development efforts, with a new focus on promoting innovation, supporting Delaware’s entrepreneurs, and leveraging private sector resources to create jobs and grow Delaware’s economy.

Governor Carney – who signed Executive Order #1 on his first full day in office to explore a new economic development strategy – will work closely with members of the General Assembly to approve the concept and funding for the public-private entity, as well as a new division at the Department of State to oversee responsibilities for small business development and tourism.

The plan will reorganize Delaware’s economic development efforts by early 2018.

“We can and should do more to promote innovation, support our entrepreneurs, build and retain a talented workforce in Delaware, and strategically partner with the private sector to grow the state’s economy,” said Governor Carney. “This plan will position Delaware to create good-paying jobs, build an entrepreneurial ecosystem, and keep our state a competitive place to do business.”

Governor Carney’s plan calls for the creation of the Delaware Prosperity Partnership – a jointly funded public-private entity that will lead statewide business marketing efforts to recruit and retain businesses, including early-stage technology-based ventures, as well as large employers. The partnership also would provide support for startup businesses, with a focus on high-growth industries, and work closely with employers and education institutions to build and retain a talented workforce in Delaware.

Governor Carney’s plan calls for $2 million in annual state funding for the partnership, and $1 million in annual funding from private business. Contributions from the state would remain contingent on an ongoing, annual financial commitment from the private sector.

The Delaware Prosperity Partnership would be led by a Chief Executive Officer and governed by a 15-member board with members from the public and private sectors.

Governor Carney’s plan also would eliminate the Delaware Economic Development Office (DEDO), and shift responsibilities for small business development and tourism to a new division at the Department of State.

“This is about positioning Delaware to be competitive for good jobs moving forward,” said Jeff Bullock, Delaware’s Secretary of State. “By strategically partnering with the private sector, we can leverage business resources to strengthen the state’s economic development efforts, while continuing to support small business owners and promote our state’s $3 billion tourism industry.”

The new division at the Department of State will maintain a strong focus on supporting small business – especially women, minority, and veteran-owned businesses. It will help business owners identify available resources and navigate local, state and federal rules and regulations.

Division leaders also will administer Delaware’s publicly-funded economic development incentive programs, such as the Strategic Fund, the Main Streets program, and the Blue Collar Workforce Training grant program.

Governor Carney’s plan builds on recommendations last month from the Economic Development Working Group, a committee created by Executive Order #1 to study a new economic development strategy. Exploring a new model for economic development that includes a public-private partnership, and an emphasis on innovation and entrepreneurship, also was a recommendation of the Action Plan for Delaware.

Reaction to Governor Carney’s Plan:

“Even with the strongest economy in this region, Delaware can do better,” said Senator Jack Walsh, D-Stanton, a member of the Economic Development Working Group. “Bringing leaders from the private sector to the table adds a valuable new perspective to our economic development strategy and will help make our economy more dynamic over time. At the same time, Delaware is maintaining its firm commitment to empowering women, minority, and veteran-owned small businesses. Not all public-private partnerships are created equal, but the balance that we’ve struck here not only protects existing businesses and jobs, but also gives us a leg up in attracting promising new industries to our state.”

“There were two specific things I was looking for in considering this public-private partnership: One was there be a high level of transparency with the intermingling of public and private funds. I was concerned that it be as transparent as possible so the public would have every confidence that things were being done above board,” said Senator Brian Pettyjohn, R-Georgetown, a member of the Economic Development Working Group. “The second was to be sure this was not a New Castle County only solution for business development and that both Kent and Sussex Counties also had opportunities to reap the benefits of this new structure, proven to work very well in other states. I am satisfied both those conditions will be met.”

“This venture will put Delaware in a position to leverage the best that the public and private sectors have to offer to continue to strengthen and improve our economic climate,” said Representative Bryon Short, D-Highland Woods, a member of the Economic Development Working Group. “I look forward to working with this new partnership going forward.”

“This is not an end, it is a beginning,” said Representative Lyndon Yearick, R-Dover South, a member of the Economic Development Working Group. “Bringing the pragmatic knowledge of entrepreneurs into the process of creating a better business environment is a major step forward. Now we need to do realize the promise this concept holds for creating new, dynamic employment in Delaware.”

“We know that bringing additional, private-sector resources to Delaware’s economic development efforts can help strengthen our state’s ability to create jobs, grow the economy, and equip our workforce with the skills necessary to succeed in our new economy,” said Mark Brainard, President of Delaware Technical Community College, and co-chair of the Economic Development Working Group. “We are excited to support Governor Carney’s plan and look forward to making Delaware even more competitive moving forward.”

“This plan offers a real chance to dramatically re-think the way Delaware does business – by leveraging additional resources, and bringing more ideas to the table as we seek to grow our economy, attract talent to our state, and create good-paying jobs for all Delawareans,” said Rod Ward, President of Corporation Service Company, and co-chair of the Economic Development Working Group. “Private businesses are ready and willing to be a full partner in this effort, and help create the kind of entrepreneurial, innovation-based economy that will lead to real growth.”

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