According to The News Journal, Delaware has provided $213 million to corporations in grants and loans since 2009.
As part of the Strategic Fund initiative, Fisker Automotive received more than $20 million before filing for bankruptcy without ever creating any of the 2,500 jobs it promised. As part of the bankruptcy plan, $16.5 million will be paid among all debtors, with Delaware expected to recover between $1.6 and $10 million.
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