First State Community Loan Fund is seeking applications for funding from  its Corridor Revitalization Fund. The program provides loans of up to $25,000 for eligible business projects along Market Street in Wilmington and in the surrounding area. The funding is in the form of a forgivable loan of up to five years. No payments are due […]

An analysis by the New Jersey Business and Industry Association, a business advocacy group, found Delaware had the most competitive business climate in a seven-state region stretching from Maryland to Massachusetts. NJBIA looked at six factors important to business owners: minimum wage the top state income tax rate the top corporate income tax rate the state […]

The New Castle County Office of Economic Development is now accepting applications for its new First Founders Accelerator program. The course is a collaboration between the county and local entrepreneur Garry Johnson III. The 12-week course is a boot camp for New Castle County residents from underrepresented communities who want to learn how to build […]

Rehoboth Beach coffee lovers now have a new place to fuel up. Mudslingers opened a drive-thru coffee shop at 18969 Coastal Highway in the parking lot next to Rosenfeld’s Jewish Delicatessen. According to an article in Delmarva Now, the shop is just 100 square feet. The coffee shop, which, according to its website is owned […]

Delaware’s new Angel Investor tax credit helped propel Delaware into the No. 7 spot in a new ranking of states based on the strength of their science and technology sectors. It is the highest ranking ever for the state in California-based Milken Institute’s bi-annual State Technology and Science Index, which was first published in 2002. Delaware […]

It’s been a strong holiday season for store owners with the National Retail Federation forecasting a sales increase of between 4.3 percent and 4.8 percent compared with the 2017 season. Christmas may be over, but this is no time for retailers to take a breather. Two of the 10 busiest shopping days of the season […]

A new business park planned for Smyrna could bring 4,000 jobs to the area, the project’s developer told the News Journal. Chestertown, Md.-based KRM Development Corp. plans to begin construction of the first buildings at Duck Creek Business Campus early next year, KRM vice president Bryan Matthews told the newspaper. The 206-acre complex will be […]

A conference Wednesday at the University of Delaware explored in depth Delaware’s 25 Opportunity Zones, including where they are located, how they work and how they can benefit both investors and communities. These zones are located in each of Delaware’s three counties. They are low-income census tracts where, in order to encourage development, investor receive […]

A California-based maker of fresh, human-quality dog food plans to open a production kitchen in New Castle County that will employ up to 50 people. The 21,000 square-foot facility will be Irvine, California-based JustFoodForDogs’ first kitchen on the East Coast and serve the company’s growing list of retail locations including stores planned for New York and Boston, […]

It’s National Veterans Small Business Week (Nov. 5-9) and we salute the more than 7,200 veteran-owned businesses in Delaware. Veteran-owned businesses are an important part of Delaware’s small business environment. Indeed, a  larger percentage of businesses in Delaware are owned by veterans than in the United States as a whole. These five industries account for the […]