DOVER, DE (March 1, 2023) – Young Delaware companies in need of funding to help expand their business can now apply to compete for an Encouraging Development, Growth and Expansion (EDGE) grant from the Division of Small Business (DSB). The division will be accepting EDGE grant applications between now and March 31 from promising early-stage […]

By J. Michael Bowman State Director, Delaware SBDC It’s no secret that owning a business comes with big risks and great rewards. In today’s economy, however, the rewards of business ownership seem harder to come by…and now more than ever, businesses of all types and sizes are facing unprecedented economic and societal challenges that threaten […]

The Division of Small Business (DSB) hosted a webinar for businesses interested in applying for EDGE Grants on April 19, 2021. Participants asked numerous great questions that could not be addressed in just one hour. Below are questions and answers taken from the Q&A and Chat boxes. If, after reading these, you still have questions, […]

We are getting reports of businesses having received the email below. It is not a real email from the Division of Small Business. It is a scam. Please delete it. And let us know if you have any additional issues, by emailing us at business@delaware.gov. EMAIL From: Noreply@sbe.delaware.gov <noreply@sbe.delaware.gov> To: “no-reply@sbe.delaware.gov” <no-reply@sbe.delaware.gov> Subject: Delaware Certification Update You have a message […]

To assist hospitality-related businesses in Delaware that have been economically impacted by Coronavirus (COVID-19), the Division of Small Business is launching the Hospitality Emergency Loan Program (HELP). The state will be making available no-interest loans of up to $10,000 per business per month to help the estimated 2,700 affected Delaware businesses in the hospitality industry […]

Delaware is working on requesting an Economic Injury Declaration from the U.S. Small Business Administration. This will open up new loan options for small businesses in the state to help them better weather effects of the Coronavirus. Before that can happen, we need your help. Federal regulations require that we provide the SBA with information […]

The news release below was sent out by the U.S. Small Business Administration on March 12, 2020. WASHINGTON – SBA Administrator Jovita Carranza issued the following statement today in response to the President’s address to the nation: “The President took bold, decisive action to make our 30 million small businesses more resilient to Coronavirus-related economic disruptions. Small businesses […]

Sussex County native Lauren Swain is ready to help small businesses in the state’s southern region start, grow and succeed. “It’s where I call home,” she said. “I want all of Sussex County to thrive, and I want to be a key partner in that.” Swain joined the Division of Small Business as Regional Business […]

Here’s another reason for small businesses from Kent County to apply for a Division of Small Business EDGE Grant. EDGE Grant winners from Kent County will get up to an additional $10,000 to use for their business under a measure approved recently by Kent County Levy Court. Commissioners OK’d awarding $10,000 to each Kent County-based business that […]

A dozen projects that will help strengthen downtown Wilmington, Smyrna and Milford will receive a total of $5.5 million in rebates under a state program administered by the Delaware State Housing Authority. The projects include construction of  48 condominium units on the Mispillion River in Milford and renovations to the former Metal Masters/Harris Manufacturing plant […]