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Division of Small Business


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Need some emergency funds for your DE small business because of coronavirus? Here are some possible sources

We’re keeping a running list of sources of emergency funding for your Delaware small business economically affected by coronavirus. We’ll update the list as we learn of more. Here’s what we’re aware of so far. As of March 20 at 4 p.m. The state of Delaware Hospitality Emergency Loan Program provides no-interest loans of up […]





Small business owners, keep an eye out for possible Coronavirus loan scams

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 […]





Delaware launches emergency loan program for hospitality industry small businesses. Here are the details.

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 […]





Delmarva Power’s business customers should check whether they qualify for a lower rate, PSC and Public Advocate say

As many as 5,200 businesses served by Delmarva Power may be eligible for lower rates for their electric service, an investigation by staffs at the Delaware Public Service Commission and Delaware Division of the Public Advocate found. More than 5,200 Delmarva commercial customers receiving Medium General Service (MGS) or Large General Service (LGS), may be […]





Delaware restaurant owners can now welcome dogs — and their owners

Delaware restaurants have a new way of attracting dog owners as customers, thanks to legislation signed into law this week by Governor John Carney. House Bill 275 allows owners of food establishments and beer gardens to allow leashed dogs on licensed outdoor patios. Gov. Carney signed the bill Tuesday at Woody’s in Dewey Beach. Click […]





Governor’s proposed budget includes $82M for economic development

Economic development is a major priority of Governor Carney’s proposed fiscal year 2021 budget, which allocates $82 million for economic development. “We presented a responsible budget plan today that makes investments to improve our economy, strengthen our public schools and protect Delaware’s unique quality of life,” Carney said when he presented his spending plan to […]





First Dover Make Me a Match a big success

The Division of Small Business brought its Make Me a Match supplier networking event to Kent County for the first time on Jan. 8. The morning workshop at the Kent County Levy Court building gave central Delaware small business owners the chance to hear from and have one-on-one conversations with representatives from some of the […]





Delaware a top 10 state for business

U.S. News & World Report ranks Delaware a top 10 state for business. Delaware came in #8 in the rankings, which were released in December. In compiling its rankings, the magazine looked at the rate at which new businesses are formed in the state (3.5 percent), the tax rate on personal income (6.6 percent) and […]





New report focuses on Delaware small business lending

A new report from online small business lending platform Lendio shows how Delaware small businesses seeking loans stack up against the rest of the U.S. Delaware borrowers were in business a shorter length of time (6.6 years compared with 7.8 years nationally) but had substantially higher average annual income ($2.2 million compared with about $807,000), […]





10 resolutions small business owners can make to get 2020 off to a good start

You’ve rung in the New Year. Now it’s time to start putting into place some simple steps to make 2020 less stressful and more profitable and fulfilling. The Balance Small Business website offers 10 New Year’s resolutions to make for a better New Year for you and your business. Here are a few of their […]







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