Opportunity for Delaware and the Delaware Business Community
As businesses and personnel throughout the region assess the impact of BRAC on their business and on them and their families, we believe the State of Delaware is a superb alternative to businesses and families who may be considering relocating in closer proximity to Aberdeen Proving Ground because of BRAC.
BRAC means opportunities for Delaware Businesses
WHY Delaware?
- BRAC will bring $14 billion in contracting opportunities to the Region
- Delaware centrally located in the Region; New Castle County Delaware less than an hour’s drive to Aberdeen Proving Ground, Maryland
- Highly technical and diversified workforce
- Unparalleled quality of life
- Superb academic institutions
- Delaware renowned for its pro-business climate, often referred to as the “corporate capital of the world,” as more than 60% of Fortune 500 companies are incorporated in Delaware. Our national rankings offer a glimpse into why so many companies call Delaware their home.
Milken Institute - 2008 State Technology and Science Index:
- # 1 - IPO proceeds as a percentage of state GDP
- # 1 - Doctoral scientists per 100,000 population
- # 2 - Doctoral engineers
- # 4 - Recent PhD's
- # 7 - Technology and science workforce (up from 29th in 2004)
- # 10 - Human capital (up from 13th in 2004)
- # 12 - R&D inputs (up from 14th in 2004)
U.S. Chamber of Commerce - 2008 Best Legal Environment for Business:
- # 1 - Delaware (7th consecutive year)
CNBC - 2008 America's Top States for Business:
- # 1 - Business friendliness
Forbes magazine - 2008 Best States for Business Costs:
- # 3 - Delaware, based on cost of labor, energy, and taxes
Business Expansion magazine - 2008 Rankings Report:
- # 2 - Best sales tax climate for business
- # 6 - Highest employment concentration - research, testing, medical laboratories, drugs and pharmaceuticals (MSA)
- # 9 - Best overall tax climate for business
- Tax Foundation - 2008 State Business Tax Climate Index:
- # 2 - State tax
- # 7 - Unemployment insurance tax
- # 9 - Overall tax climate
Moody's, S&P, Fitch Ratings - 2008 Bond Rating:
- AAA - Delaware (12th consecutive cycle)
#2 Internet Domain Names
#2 IT Professionals
#3 High-Tech Jobs
#3 Export Focus of Manufacturing and Services
#3 Foreign Direct Investment
#5 Managerial, Professional and Technical Jobs
#6 “Gazelle Jobs”
#7 Technology in Schools
#8 Broadband Telecommunications
#4 Overall Transformation to the New Economy (up from #7 in 2007)
Source: 2008 State New Economy Index,
Kauffman Foundation/Information Technology & Innovation Foundation
Wilmington, Delaware - 2007 Top 10 North American Cities of the Future,
fDi magazine
Dover, Delaware - 23rd, Boomtowns of 2007,
Inc. magazine
2007 Gold and Silver Horizon Interactive Awards for www.visitdelaware.com