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Delaware may be a small state but it has a burgeoning startup scene that is gaining attention from entrepreneurs and investors across the country with a rich history of innovation and entrepreneurship delaware is wellpositioned to be a leader in the global startup landscape delawares history of entrepreneurship dates back to the colonial era when the states strategic location and strong economy made it a major center of trade and commerce today delawares startup scene is supported by a strong network of entrepreneurs investors and mentors as well as several universities including the university of delaware and delaware state university despite its small size delaware is home to a number of innovative startups including the fintech company marlette funding and the biotech company incyte in addition several large corporations including dupont and wl gore are headquartered in the state providing a strong foundation for innovation and entrepreneurship delawares startup scene is thriving in part because of the states businessfriendly environment which includes a low corporate tax rate and easy access to venture capital funding additionally the states proximity to major metropolitan areas like philadelphia and washington dc makes it an attractive location for entrepreneurs looking to access customers and investors in those markets however delawares startup scene also faces challenges including a relatively small population and a lack of diversity in its economy the states unemployment rate is currently around 5 which is slightly lower than the national average and its gdp is around 70 billion despite these challenges delawares startup scene is poised for continued growth and innovation in the years to come with a supportive community of entrepreneurs and investors a strong foundation of established corporations and a businessfriendly environment delaware is wellpositioned to be a leader in the global startup landscape
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