5 things small business should know about today’s Latino Summit
The state of Delaware spent $314.3 million in the last fiscal year on contracts with small and diverse businesses, including those owned by women, minorities and veterans.
The large spending figure — a 9.4 percent increase from FY 2017 — presents a huge opportunity for small businesses. That was a key takeaway from a panel discussion on small business at Tuesday’s Latino Summit 2018.
Here are some other takeaways from the panel, which include Division of Small Business Director Damian DeStefano:
The Downtown Development District program offers rebates of up to 20 percent for qualified investments in any of Delaware’s eight downtown districts: Dover, Georgetown, Harrington, Laurel, Milford, Seaford, Smyrna and Wilmington.
Finanta, a nonprofit Philadelphia-based community lender, entered the Delaware market about a year ago and offers SBA-backed microloans up to $50,000.
To learn more about opportunities for doing business with the state of Delaware visit the website for the Office of Supplier Diversity or come to their Vendor Day on Thursday from 9 a.m. to 1 p.m. at the Stockley Center in Georgetown.
The Delaware Division of Small Business offers a host of services to help you start or grow a small business in Delaware.
The Delaware Division of Small Business, part of the Delaware Department of State, is a service-focused agency committed to supporting businesses starting and growing in Delaware. Small businesses can reach out to the Division for assistance in connecting to the resources and advice to succeed. The Division is a champion for Delaware small businesses and is here to help take companies to the next level.