From U.S. Small Business Administration: BY: SBA Delaware District Director John Fleming For the 18 months since COVID-19’s onset in the United States, America’s small businesses have grappled with historic uncertainty. For many, SBA’s COVID-19 small business recovery programs—the Paycheck Protection Program (PPP), the Economic Injury Disaster Loan Program (EIDL), the Restaurant Revitalization Fund (RRF), […]

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, […]

Press release from Small Business Administration WASHINGTON – Building on a month of strong results, the Biden-Harris Administration and the U.S. Small Business Administration are taking steps with the Paycheck Protection Program to further promote equitable relief for America’s mom-and-pop businesses. The latest round of Paycheck Protection Program funding opened one month ago and already the Biden Administration has succeeded in making major […]

The Small Business Administration issued the following press release ATLANTA – The U.S. Small Business Administration announced today that Economic Injury Disaster Loans are available to small businesses, small agricultural cooperatives, small businesses engaged in aquaculture, and private nonprofit organizations located in Kent, New Castle and Sussex counties in Delaware as a result of excessive […]

Delaware is about to add to the roster of publicly traded companies headquartered here. The latest is a Wilmington cancer drug company helped in its early years by two grants from the Delaware Strategic Fund. Prelude Therapeutics Inc. is planning an initial public offering of as much as $100 million in stock, according to its […]

Release originally posted at sba.gov   Friday, April 24, 2020   WASHINGTON – Administrator of the U.S. Small Business Administration Jovita Carranza and U.S. Treasury Secretary Steven T. Mnuchin issued the following statement today on the resumption of the Payroll Protection Program (PPP): “We are pleased that President Trump has signed into law the Paycheck Protection […]

Inc. Magazine and the U.S. Chamber of Commerce hosted a webinar last week with advice for small business owners on applying for the $349 billion Paycheck Protection Program (PPP). The magazine summarized some of the major takeaways from the webinar in an article: 1. Accepting a reduced PPP loan of less than 2.5 months payroll […]

Cómo verificar si se ordenó el cierre de su negocio antes de las 8 a.m.del 24 de marzo de 2020: Encuentre el código NAICS de su empresa : Mirando sus formularios de seguro de desempleo Mirando sus declaraciones de impuestos más recientes Buscando en Google su industria y “código NAICS” Identifique los primeros CUATRO dígitos […]

WORKING WITH BUSINESSES Regional Business Managers The Small Business Unit, which is comprised of four Regional Business Managers (one four each county and Wilmington), is on the front lines of the Division’s business assistance efforts. Through direct outreach, phone calls, website contacts, social media and more, small business owners inside and outside Delaware connect with […]

This past fiscal year was one of growth for the Division of Small Business (DSB) as a resource for Delaware’s small business community. The Division worked to turn its vision of making Delaware the best state for starting and growing a small business into concrete programs that are benefiting Delawareans. The Division’s Regional Business Managers, […]