MESSAGE FROM THE PRESIDENT


September 16, 2024

Before the reality is the dream. That one sentence or phrase is more than just philosophical for entrepreneurs who eventually go on to start and run businesses. Those words capture everything from the idea to the rough draft of a business plan. Therefore, when those fledgling businesses start, take root, and grow, it’s worth noting and celebrating.


Our Superstars in Business awards luncheon is just that—a celebration of small businesses that form the backbone of our economy. Yes, the “big guys” get all the notoriety, especially the publicly traded companies. But it’s the millions of small businesses that employ half of the full-time working adults in our state, while providing meaningful products and services with the hope of growing into something bigger one day.


This year’s winners are a great group, and I congratulate them and all who applied. Our nonprofit winner, the Delaware Nature Society, is celebrating its 60th year, and what a great way to celebrate! Courageous Hearts is our winner in the 1-14 employee category. The company uses equine therapy to assist people in various ways to manage their mental health. RiversEdge Advisors helps individuals and companies with a wide variety of services to achieve financial goals, plans, and strategies. Finally, twenty years ago, the first Surf Bagel location opened its doors in Lewes and has since grown to four locations in southern Delaware, with two more on the way. I admit to being a big fan and, hey, who doesn’t love a toasted everything bagel with a little cream cheese, lox, some onions, and a slice of tomato!


The contributions to our state and communities by our winners and all who applied for the Superstar recognition should be priased and honored. I encourage you to join us on November 6 to celebrate these organizations and the small business community as a whole. You will also hear from DSCC Board of Directors member and keynote Mike Meoli who owns and operates 25 (and counting!) McDonald's restaurants across the Delmarva Peninsula.

News You Can Use

This week's economic data begins on Tuesday with August retail sales, July business production, and a look at the home builder confidence index for September. On Wednesday, Fed Chair Powell will gives remarks and we will see housing starts and building permits data for August. The week concludes on Thursday with the release of the Philadelphia Fed's manufacturing survey and a look at US leading economic indicators from August.


General Mills is the Wednesday headliner for a very short week of earnings calls. FedEx, Lennar, and Cracker Barrel are among Thursday's calls.

Michael J. Quaranta

President

Delaware State Chamber of Commerce

Dick Dubroff is a professional portrait photographer specializing in corporate and commercial photography, headshots for business professionals, and special event photography. His company, Final Focus, is located in a 4,000 square foot studio located on the riverfront in downtown Wilmington, Delaware.

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Upcoming Events

Delaware Business Expo

Thursday, September 19

4:00 pm - 7:00 pm

 

Chase Center

815 Justison St.,

Wilmington

Register

Networking Breakfast at Aloysius Butler & Clark

Tuesday, September 24

7:30 am - 9:00 am


600 N. King St., 3rd Fl.,

Wilmington

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Developing Delaware Conference

Wednesday, October 2

8:30 am - 1:00 pm

 

Modern Maturity Center, 1121 Forrest Ave, Dover

Register
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