What happens when Global Delaware joins forces with Spitzberg Partners, a corporate advisory and investment firm based in Germany? They build a partnership that aims to bring some of the most innovative firms in the world to Delaware to open launch their United States operations. The question, now, is can they do it?
Global Delaware, an initiative by the Delaware Department of State, Division of Corporate and International Development, was started in order to help Delaware companies develop markets overseas, attract foreign companies to establish operations in Delaware and strengthen and expand Delaware’s role as leader in corporate governance. This new partnership aims to capitalize on the Delaware Blockchain Initiative to attract businesses to the state.
“This collaboration is terrific news for European companies looking for a soft landing in the U.S., especially those interested in exploring the Blockchain ecosystem,” Global Delaware Director Andrea Tinianow said, in a blog post on the organization’s site. “Global Delaware knows how to help businesses get up and running quickly, and we are delighted to join forces with Spitzberg to facilitate the process for businesses seeking growth and success in the U.S.”
Spitzberg Partners have worked with various other businesses from around the world, including the financial technology firm Ripple and Munich -based Ming Labs.
The partnership will highlight “the unique advantages of investing in Delaware, including the lower cost of doing business, easy access to government officials, a friendly regulatory climate, first-rate university and research centers and attractive location of being near major cities such as Philadelphia, New York City, and Washington, D.C.,” according to the blog post.
“We are very excited about the potential of this strategic partnership and are extremely pleased to lend our services to help build and raise awareness of the Delaware Blockchain Initiative,” Ulf Gartzke, Managing Partner of Spitzberg Partners, said in a statement. “We specialize in assisting innovative firms with establishing a beachhead in the U.S. as they expand beyond their home markets, and the advantages of the state of Delaware combined with the quality of Andrea Tinianow’s team are very compelling. There is a natural fit between our respective domain expertises.”
This is not the first time Spitzberg Partners has worked in Delaware. In 2015, former Governor Jack Markell went on a trade mission to Germany and later helped bring coworking space Factory Berlin to Delaware.
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