Money Moves: Grants for education and housing
WSFS Bank’s charitable foundation recently granted half a million dollars to two local nonprofits: TeenSHARP won $200,000 to help underresourced teens get into college, and Be Ready was awarded $300,000 to expand affordable housing on Wilmington’s West Side.
Plus, DuPont acquired another medical device company, a packaging “super-plant” opened in Dover, sports tourism got a $11.3M boost and more in my latest Money Moves roundup.
➡️ Get all the details in this month’s feature here
The majority of Gen Z professionals freelance
More than half of all Gen Z professionals freelanced in 2023, according to research from gigs platform Upwork. That’s a significantly higher rate than the nation overall (53% vs. 40%), and double the rate of freelancing Boomers.
The trend is taking hold because of its increased flexibility, gig workers say, but it’s not easy to maintain — and it complicates the hiring landscape, forcing employers to compete with entrepreneurship.
➡️ Read Technical.ly CEO Chris Wink’s take on the issue
News Incubator: What else to know today
• Presumptive Dem presidential candidate Harris came to Delaware for a speech as Biden’s Wilmington campaign HQ transitions to being hers. [Delaware Online]
• A look at all the Delaware lawmakers backing Harris for president. [WHYY]
• Wilmington-based Solenis has signed an agreement to acquire the flocculants business from German chemical manufacturing giant BASF. [Solenis/BASF]
• The Delaware State Housing Authority is seeking public input on how to spend $9.5 million in federal funding. [Delaware Public Media]
🗓️ On the Calendar
