DE's Capital Toolkit

Issue 10.34

August 30, 2024

MINISODE | MEET PHIL VAVALA

REGION PRESIDENT OF DELMARVA POWER

After more than three decades at the company, Phil Vavala brings a wealth of knowledge and experience to the role of region president at Delmarva Power. A born and raised Delawarean, Phil shares his career journey—from intern to president—top priorities for the company, and Delmarva Power’s approach to workforce transitions and cleaner energy.

Listen to the episode on your favorite streaming platform >

Check out past episodes of the Conversations with Kelly podcast >

DELAWARE'S CAPITAL TOOLKIT

FINANCIAL SOLUTIONS FOR SMALL BUSINESS SUCCESS

September 19 | Delaware Business Expo

Starting and running a small business often comes with significant financial challenges. Whether you're launching a new venture or looking to expand an existing one, it will require money. The Delaware Division of Small Business offers a myriad of funding opportunities to help with things like upskilling and training employees, investing in technology, acquiring or renovating office space, marketing, and so much more. Learn how to maximize all that the Division offers when it comes to accessing capital to help launch or scale your business.

Moderator: Anastasia Jackson, Kent County Regional Business Manager, Delaware Division of Small Business
Kevin Schatz, Owner, Volunteer Brewing
Michael Rasmussen, Owner, Painted Stave Distilling, Taco Jardin, & G&R Industries
Andrew Harton, Director of Business Finance, Delaware Division of Small Business

AMBASSADOR SPOTLIGHT:

JP SAWYER

"What is exciting about the Delaware State Chamber is that it takes advantage of something that is so ingrained in Delaware: connectivity. I see Delaware’s tight-knit community as an advantage. Knowing that you’re likely to share a mutual acquaintance with someone you meet can help break the ice, facilitating quicker and more effective relationship-building compared to other states." Read more >

BUSINESS SPOTLIGHT:

BROWN & BROWN INSRUANCE

Brown & Brown Insurance,

a major player in the risk

management and insurance industry, isn’t your average large insurance

firm. Established in 1939, this

family-owned business has grown

into a national leader, boasting over

500 branches across the United States and the fifth largest insurance

brokerage in the nation.

PRESIDENT'S MESSAGE

September is around the corner—it's next week! As the State begins to roll out its paid leave program, September 1 is an important date for employers to remember. The Delaware LaborFirst portal opens and this is where employers can set up an account to enroll or request to use a private plan. If you find that you still have some questions about the new Delaware Paid Leave program—does my company qualify; what are the benefits of opting in; what types of paid leave are offered; etc.?—a recent episode of our Conversations with Kelly podcast provides many of these answers. Read more >

In Case You Missed It