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October 31st, 2006
Delaware is getting ready for a new entrepreneurial economy in the state
Heretofore, Delaware has staked its successful business reputation on big-name traditionalists that have spawned related business ventures. The DuPont Co. and W. L. Gore and Associates come to mind.
Obviously, this was perfect business synergy for the 20th century.
But 21st century challenges from a newer and more influential global marketplace requires a different entrepreneurial milieu for business development.
Thankfully, a key group of Delaware's business leaders calling themselves First State Innovation are thinking forward.
Pledging to create a fertile environment where smaller, innovative technology-focused ventures can thrive, the private/public partnership has the right mix of leadership for success.
Gov. Ruth Ann Minner and former Gov. Pete du Pont serve as honorary chairs of First State Innovation. The board of directors includes CEOs and leaders from the state's business and academic communities:
The nonprofit will concentrate on biotechnology, advanced materials, nanotechnology and information technology.
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