Delaware Economic Development Office Reorganizes
The Delaware Economic Development Office is the Delaware State Agency responsible for attracting new investors and businesses to the state, promoting the expansion of existing industry, assisting small and minority-owned businesses, promoting and developing tourism and creating new and improved opportunities for all citizens of the State.
It’s going through some changes.
The goal is to improve efforts to help businesses grow and to create jobs by implementing a new business structure for the office. The new design will eliminate the “cluster” models of the past and create a business structure that positions Delaware for greater economic growth and vitality. While the former cluster focused economic development structure served Delaware well, today the emphasis is on being less specialized and more adept at servicing all businesses.
“DEDO’s restructuring comes at a time when entrepreneurs and businesses need support the most. The department has always been focused on Delaware’s business needs; however, today’s economic climate has forced us to reevaluate the services we offer and how they are delivered,” states Delaware Economic Development Director Alan Levin. “I am excited about the team we have put in place and even more excited about the improvements we have made.”
The new Business Development Division continues to support the state’s leading industries while identifying and supporting sectors of growth. While the department is always looking for new opportunities, DEDO’s primary focus remains the retention and growth of Delaware businesses. To accomplish this, the Business Development Division will continue to assist entrepreneurs and minority-owned businesses and coordinate “Downtown Delaware.” In addition, the division will have business leaders designated to work within each county to support business outreach and expansion efforts.
Recognizing the economic impact of Delaware’s tourism industry, DEDO will place a greater emphasis on the self-funding tourism division. Tourism development leaders will concentrate on sales in the areas of group tours, sports marketing, meetings and conventions.
- Delaware Business Weekly Round Up – August 7th, 2009
- Notice of Public Hearing on Intention to Form Depository Trust Company of Delaware, LLC