Where are the smart money VCs staying? #Delaware. "Our answer remains: Delaware is the best place for high growth, venture-backed companies to incorporate."
https://t.co/rlhoHuyYlc
They were really shouting "Boon, Boon," as in AI will be a boon for the economy, I mean sure there will be some disruption, but when everything works out there'll be more work and money than ever. After all, this was an educated crowd. https://t.co/XyBrx5kKYM
"Of the $110 trillion in global GDP, AI capital expenditure represents $1 trillion this year, with another $7 trillion to $8 trillion more capex added in the next five years"
https://t.co/8y2TgB92rK
"American manufacturers grew in April for the fourth month in a row — the longest streak in four years — but an embryonic recovery faces fresh hurdles from rising oil prices and higher inflation tied to the Iran war" https://t.co/ZqrYsk2138 via @MarketWatch
"Barclays finalized the $800 million acquisition of Best Egg on Friday, bringing the Delaware-based personal loan origination company into the fold of the multinational bank and financial services company"
https://t.co/mM8d7LgFWZ
8/ Plus: the Carper Collaborative on Climate and Jobs launched at UD with nearly 200 attendees and the full Delaware Congressional delegation.
Full roundup in the newsletter 👇
https://t.co/No2p0qNRer #EconDev#NetDE
1/ New issue of First State Economic Development News + Notes is out.
Delaware's port expansion, rail freight revival, EV grid tech, startup ecosystem — and the national stories connecting to all of it.
https://t.co/No2p0qNRer
🧵👇
7/ And a must-read: how Loudoun County, VA went all-in on data centers.
The U.S. spent ~$425B on data centers in 2025. In Loudoun, they now fund 45% of county tax revenue — paying for schools, roads, and parks while cutting homeowner tax rates 40%.
Calling all undergrads: For future reference, I'm likely to hire you if you mention the Belt and Road initiative in your personal statement. Well played.