Delaware Business Magazine - November/December 2023

Page 4

Message from the President Over 90% of the employers in Delaware are, by definition, small businesses. Half of the workforce in the state is employed by a small business. A large majority of State Chamber members are small businesses because they value the opportunity to meet other large Michael J. Quaranta and small business leaders and expect us to carry their concerns to policymakers on proposed laws and regulations. Running a small business is both rewarding and maddening. A typical day finds a small business leader filling in for an absent employee, talking to key customers or suppliers, bidding on new work, resolving human resources issues, or deciphering a new law or regulation. It’s a dizzying array of responsibilities and most of these tasks are learned over the course of time. For most small businesses, and especially those with under 10 or 15 employees, there is no legal counsel, environmental compliance specialist, or human resource professional “just down the hall” to consult with when issues arise. All of this makes starting a business, growing it, and managing it to higher levels, exciting, worrisome, and challenging. That is why each year we recognize and celebrate many of the very best small businesses and nonprofits in Delaware by acknowledging them for their many accomplishments. Our Superstars in Business awards program and the Marvin S. Gillman Bowl recognize some of the very best among us. This is the 25th anniversary of the event and we could not be more excited! My hope is that you will consider applying in future years (if you are eligible), recruit other small businesses to do similarly, and nominate small business leaders deserving of recognition.

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DELAWARE STATE CHAMBER OF COMMERCE

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DELAWARE BUSINESS EDITORIAL STAFF Marie Holliday, CPA Chair

Michael J. Quaranta President

Kelly Basile Editor

Christina Jones Graphic Design

Steve Chambliss Brookfield Properties

Natalie Keefer Bank of America

Michael A. Meoli The Meoli Group

Andrew Cottone, Ph.D. ADESIS

Rodger Levenson WSFS Bank

Jason D. Gonzalez DuPont

Barbara McCullough AstraZeneca Pharmaceuticals LP

Nicholas A. Moriello, RHU Highmark BCBS Delaware

BOARD OF DIRECTORS CHAIR Marie Holliday, CPA Cover & Rossiter VICE CHAIR John C. Gooden M. Davis & Sons, Inc. Catherine M. Bassett Mountaire Farms

Dr. LaVerne T. Harmon Wilmington University

Janice Nevin, M.D., MPH ChristianaCare

Tom Horne JPMorgan Chase

BOARD OF GOVERNORS Tony Allen, Ph.D. Delaware State University

Brian DiSabatino EDiS Company

Walter Donaldson Pierre Anderson Artesian Water Company, Inc. Freeh Sporkin & Sullivan, LLP Steve Baccino Lisa M. Donlon, PE Chesapeake Utilities VanDemark & Lynch Chris Baker Thère du Pont George & Lynch, Inc, Longwood Foundation Greg Ballance Jerry Esposito Diamond Technologies Espo Enterprises, LLC Mike B. Berardi Wohlsen Construction Co. G. Kevin Fasic, Esq. Offit Kurman Robert A. Book II Don Fulton Delaware Electric Weiner Benefits Group Cooperative Julian H. “Pete” Booker Martha S. Gilman Cornell Property Delaware Public Media Management Corp. Adam Blackford Joseph A. Giordano* Agilent Technologies Whisman Giordano & Jennifer Gimler Brady Associates, LLC Potter Anderson & Corroon A. Richard Heffron LLP Delaware State Chamber Dr. Mark T. Brainard of Commerce, ret. Delaware Technical Logan S. Herring, Sr. Community College The WRK Group Beth G. Brand Kirsten Higgins University of Delaware Tidewater Utilities, Inc. Kevin C. Broadhurst Michael Houghton Comcast Morris, Nichols, Arsht & Tunnell, LLP, ret. Robert L. Byrd ByrdGomes Tim Houseal

Robert (Rob) Rider, Jr. O.A. Newton

Alan Levin SoDel Concepts

Andy Lubin Bettina Tweardy Riveros Delaware Financial Group ChristianaCare Mac Macleod Carvertise

Salvatore J. “Chip” Rossi Bank of America

Scott Malfitano CSC

James J. Roszkowski Discover Bank

William E. Manning Saul Ewing Arnstein & Lehr

Rhett Ruggerio Ruggerio Willson & Watson

Guy Marcozzi Verdantas

Dennis M. Salter Edinburgh Capital Management LLC

Greg Sawka Paul M. McConnell McConnell Development, Inc. Bancroft Construction Company Katie McEvoy Chris Schell AT&T Schell Brothers Gregory Miraglia Fred C. Sears II PNC Bank Delaware Community Jeff Mitchell Siegfried Advisory

W. Douglas Mokoid Delmarva Power Jonathan D. Moll, CPA Belfint, Lyons & Shuman Chad Moore Beacon Hospitality LaKresha R. Moultrie, Esq. Delaware State University

Foundation, ret.

Greg Smith The Chemours Company Michael Smith Navient Robert S. Smith Santora CPA Group Mark Stellini Assurance Media David Tam, M.D. Beebe Healthcare

Jim Taylor Mark Mumford Nemours Children’s Health Saul Ewing Arnstein & Lehr System James Tevebaugh Tevebaugh Architecture Jessica Hunt Stuart Comstock-Gay Terry Murphy Siemens-Healthineers Delaware Community Bayhealth Medical Center Jana Tidwell Foundation AAA Club Alliance Mark Hutton Chris O’Neill M&T Bank Charlie Copeland PSCI Michael S. Uffner Associates International, Inc. LeVar Johnson AutoTeam Delaware Jed Patterson Novo Nordisk Pam Cornforth LabWare Mike Vanderslice Ronald McDonald House of Christopher L. Kenny Environmental Alliance, Inc. Chris Perdue Delaware, Inc. ShopRites of Delaware Ann B. Wayne, BSN, RN Perdue Farms SUN Behavioral Delaware Barry Crozier Apollo Khine Robert W. Perkins Belfint, Lyons & Shuman, ret. Barclays US Consumer Bank Robert W. Whetzel Brandywine Public Richards, Layton & Finger Jason Danner Strategies Nick Lambrow Kelly Benefits Strategies M&T Bank, ret. Katie K. Wilkinson Colleen Perry Keith, Fulton Bank Rick Deadwyler Ph.D. Matthew Lantagne Corteva Agriscience™ Goldey-Beacom College TD Bank Robert Wirth Marta DeLisi Theodore J. Prushinski DuPont Country Club Richard H. LaPenta Beasley Media Group Citizens Bank CBM Insurance Kevin M. Wolfgang Evergreen Apartment Group Ernest Dianastasis Stephan Lehm Michael Ratchford Patrick Callihan Tech Impact

Young Conaway Stargatt & Taylor, LLP

The Precisionists, Inc.

VanDemark & Lynch, ret.

W. L. Gore & Associates, Inc. *Treasurer

Michael J. Quaranta President

Melissa Brayman Office Administrator

Kelly Basile Vice President, Strategic Communications

Regina Donato Manager, Program & Communications

Tyler Micik Director, Public Policy & Government Relations

Amanda Schimmel Manager, Marketing & Accounting

Fred Miller Advertising/Retention

Kerri Welcher Events Manager

STAFF

1201 NORTH ORANGE STREET, P.O. BOX 671 WILMINGTON, DE 19899-0671 WWW.DSCC.COM

Ken Evans Account Executive

Helana Rodriguez Director, The Partnership

November/December 2023

| DELAWARE BUSINESS


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Articles inside

Message from the President

2min
page 4

Newsbites

9min
pages 58-60

The Right Balance in AI Governance

3min
page 56

Raising the Bar on Tech in Delaware

4min
pages 54-55

Investing Where We Live and Work

3min
page 52

Generative AI

3min
page 50

Delaware's Entrepreneurial Mindset

4min
page 48

Delaware is a Tech Hub

3min
page 46

The Next Era of Exploration is Here

3min
pages 44-45

How to Build a Thriving Small City

3min
pages 40-41

Embrace Variety

4min
pages 38-39

We Are All Connected to the Housing Crisis

3min
page 36

Continuing to Evolve

5min
pages 34-35

Delaware Voices & Data

4min
page 32

Making Affordable Housing a Priority

3min
page 31

Superstars in Business Winner: Belfint, Lyons & Shuman, P.A.

4min
pages 28-29

Superstars in Business Winner: Breakwater Accounting + Advisory

4min
pages 26-27

Superstars in Business Winner: NERDiT NOW

4min
pages 24-25

Superstars in Business Winner: Children's Beach House

4min
pages 22-23

Marvin S. Gilman Superstars in Business

3min
pages 20-21

Now is the Time for Tax Relief, Not an Increase

3min
page 15

Funding Success and Equity

3min
page 14

Message from the Chair

3min
page 13

How Delaware Will Benefit from Offshore Wind

3min
page 12

Ambassador Spotlight: Nadir Rasheed

3min
page 11

Diverse Supplier Spotlight: GGA Construction

2min
page 10

Committee Spotlight: Tax & Finance

2min
page 9

Nonprofit Spotlight: American Cancer Society

3min
pages 8-9

Business Spotlight: First Citizens Community Bank

3min
page 7

Legislative Priority: Reflecting on 2023

3min
pages 5-6
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