Technology and innovation are a fickle date. In January of 2007, Apple introduced the world to the iPhone. At the time, critics panned the “smart phone” and couldn’t believe consumers would pay $600 for a device when they could jump on board with a Nokia phone for $100.
Apple introduced the world to the iPhone 12 this week. Is anybody still doing business with Nokia? Remember Motorola? How about Kodak? Understanding data, unlocking the key insights, and acting upon those findings helped Apple and others innovate, and this was the theme of our Developing Delaware Conference this past Wednesday. Some highlights from two of our speakers:
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DATA IN DELAWARE
Gary S. Laben
Gary and his team recently surveyed people who moved to Delaware in the past decade and those interested in moving to the state to learn WHO they are and WHY they chose or are considering Delaware. Some very interesting insights were revealed this week:
• The data presented implies Delaware should expand its outreach beyond the mid-Atlantic.
• Delaware's quality of life is appealing to potential residents.
• Entrepreneurship is a possible attractor.
• Delaware has more to offer than lower taxes.
• There is an opportunity to attract families, singles and young achievers.
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NEXT IN RETAIL
Jared Chupaila
Brookfield Properties is a global real estate services company, managing, leasing and re-envisioning one of the largest retail portfolios in the US. Their regional shopping centers create a sense of place in the key markets throughout the country — including Delaware's Christiana Mall.
• The entire retail industry has been transitioning to a "One Channel" strategy for some time, with the coronavirus only accelerating this trend.
• Physical retail is alive and well, rewarding online retailers that invest in a physical presence with an overall incremental sales lift.
• High-quality retail real estate is poised to win long-term.
• A increasingly important skill for the retail industry is data literacy.
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The Winter Ready Restaurant Grant Program is open to independent locally owned restaurants, as well as Delaware-based franchises, that have a permit for outdoor space, whether it is for a temporary parklet or sidewalk cafe, or permanent, private patio.
Up to $5,000 can be requested to cover the costs of winterization, including tents, awnings, heaters, propane, lighting, and furniture. Applicants must ensure proper New Castle County Land Use or municipality permitting has been followed to ensure grantees do not violate county code.
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SUPPORT SMALL
BUSINESS DOWNTOWN
Come see for yourself all that downtown Wilmington has to offer
Small businesses are the heart of our cities and the backbone of our communities. They are there during good times and bad, which is why it is more important than ever that we support them during these uncertain times. On June 12, 2020, Downtown Visions, in partnership with the City of Wilmington and The Committee of 100, launched an effort to support Downtown businesses through Curbside Wilmington. With European café-style, outdoor on-street seating, Downtown restaurants have more ability to provide safe dining. Read more >
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DSCC's Kelly Basile named to DBT 40 list
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The Delaware State Chamber is proud to announce that Kelly Basile, vice president of strategic communications, was named to this year's DBT 40 list.
The DBT 40 Awards is a select group of the region’s best and brightest young professionals, all under the age of 40, who are making a difference with their intelligence, initiative, and innovation. DSCC extends an enthusiastic congratulations to the entire DBT 40 Class of 2020!
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JPMorgan Chase Commits $30 Billion to Advance Racial Equity
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Structural barriers in the U.S. have created profound racial inequalities that have been exacerbated by the COVID-19 pandemic. The existing racial wealth gap puts a strain on families’ economic mobility and restricts the U.S. economy.
On October 8, JPMorgan Chase announced long-term commitments to advance racial equity, drive an inclusive economic recovery and break down barriers of systemic racism. Over the next five years, they will harness their expertise in business, policy and philanthropy and commit an additional $30 billion to provide economic opportunity to underserved communities, especially the Black and Latinx communities. Read more >
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BUSINESS SPOTLIGHT:
Back to Basics Learning Dynamics
Whether you are a school district looking to translate IEPs into Spanish or Urdu, a school that needs English Language Learner (ELL) teachers, or a student that needs help passing biology, Back to Basics provides it all. Back to Basics Learning Dynamics, based in Wilmington, is the only true one-stop shop for everything in education. Read more >
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Delaware Business Now
Delaware Business Times
Delaware Public Media
Delaware State News
Roll Call
The News Journal
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US Political Election Update with the US Chamber
October 28, 2020
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22nd Annual Superstars
in Business Awards
November 4, 2020
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Navigating Generations in the Workplace
November 17, 2020
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