Press Release from U.S. Department of Commerce WASHINGTON – Today,(Feb. 4, 202i)  the U.S. Department of Commerce’s Economic Development Administration (EDA) is awarding a $1.5 million CARES Act Recovery Assistance grant to the Delaware Division of Small Business, Dover, Delaware, to establish and administer a Revolving Loan Fund (RLF) that will provide critical gap financing […]

Press release from Delaware Prosperity Partnership Delaware launches pilot program to expand availability of ready-to-go laboratory space   WILMINGTON, Del. (Jan. 29, 2021) — Delaware has launched a pilot grant program designed to spur private sector-led projects that will help the state attract and retain science and tech companies by expanding its inventory of ready-to-go lab space. […]

The following press release was issued by the US Small Business Administration. U.S. SBA Delaware Office to Host Twice-Per-Week Zoom Sessions Outlining the Re-Opened Paycheck Protection Program Open-to-the-Public Zoom Sessions to Include PPP Program Overview and Question-and-Answer Period for Session Participants   WILMINGTON, Del. – The U.S. Small Business Administration’s Delaware Office will host twice-per-week Zoom sessions […]

The U.S. Small Business Administration, Delaware regional office,  issued the following press release: Shopping Small® Finds New Footing this Holiday Season Last year, American consumers spent $19.6 billion at independent retailers and restaurants on Small Business Saturday. Behind that total spend were a 3 million year-over-year increase in number of consumers participating in Small Business Saturday and […]

WSFS Bank and Delmarva Power are each making donations to support small businesses in Delaware, the companies announced this week. WSFS is donating a total of $200,000 to four organizations in the region including Wilmington-based True Access Capital, a nonprofit lender which runs the Women’s Business Center, among other small business programs. Delmarva Power announced […]

A new program that starts on Friday will make it easier than ever to shop and dine in downtown Wilmington. Free valet parking will be offered at three intersections on Market Street — 5th, 7th and 9th streets – and parking spaces will be designated for curbside pickup from downtown restaurants and shops, as part […]

Fifteen small businesses on Wilmington’s Wast Side have been awarded grants of $500 each through a program run by the West Side Grows coalition. The program assists small businesses in the West Side neighborhood that have experienced a drop in business as a result of the Coronavirus pandemic. The organization is accepting applications for a […]

As Delaware battles Coronavirus some small businesses are pivoting from their normal activities to produce needed medical and health supplies. Painted Stave Distillery in Smryna is now, in addition to Silver Screen Vodka and Candy Manor Gin, manufacturing hand sanitizer for police and other first responders. “We’re focusing on getting this out to first responders, […]

With the Delaware Division of Small Business and the U.S. Small Business Administration launching loan programs to assist Delaware small business owners negatively affected by Coronavirus, it’s important to keep an eye out for possible scammers looking to prey on unsuspecting business owners. In fact, DSB has received multiple loan scam emails in the past […]

The Delaware Department of Labor has made changes to the unemployment benefits program to assist hospitality industry employees affected by Coronavirus (COVID-19) outbreak. DOL will begin processing unemployment claims as they are received, with the goal of making benefits available within a week. DOL will permit hospitality employees to earn part-time income while collecting benefits […]