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Division of Small Business

 Pages Tagged With: "Delaware Division of Small Business"

Closing the funding gap for small business. EDGE Grants are here to help.

A report from the Ewing Marion Kauffman Foundation points out the difficulty many business owners have in accessing outside capital to start a business and the impact this has on the health of the business. Just 16.5 percent of business owners said they received a business loan from a bank or other financial institution when […]

Retailers, be ready for Memorial Day weekend

If you own a store, you know that Memorial Day weekend likely means extra business. In 2018, consumers said they expected to spend an estimated $36 billion during the three-day holiday weekend, according to MFour Mobile Research and Vistar Media. That works out to an average of $489.46 per adult with men expected to spend an […]

Most small business owners are happy, survey finds

It seems like happiness and owning one’s own business go hand-in-hand. Thirty-seven percent of current and would-be small business owners rated their happiness a “10” on a scale of 1-to-10, according to a survey by small business lender Guidant Financial and LendingClub. The average rating was “8” and almost three-quarters of the more than 2,700 […]

Get a free small business consultation on May 10, as Chase brings its BizMobile to Wilmington

Chase for Business’s BizMobile will be in downtown Wilmington on May 10, offering small business owners free one-on-one consultations on how to get access to capital. The 27-foot mobile business advice center, which Chase launched in 2018,  will be in Rodney Square from 10 a.m. to 4 p.m. It is part of a nationwide tour that this year […]

Sign up for Small Business Administration’s online workshops May 7-8

National Small Business Week is May 5-11. As part of the activities, on Tuesday, May 7 and Wednesday, May 8 the U.S. Small Business Administration and SCORE are hosting two days of webinars covering a variety of topics of interest to small business owners. The hour-long programs range from an explanation of  SBA’s various funding programs to how to improve your […]

Co-working space to add North Wilmington location

The Mill, a co-working space on the fourth floor of the Nemours Building in downtown Wilmington, is adding a location in North Wilmington, according to a story in Delaware Business Times. The location in The Concord, a mixed-use complex on Silverside Road developed by Buccini/Pollin Group, is scheduled to open this fall, DBT reports. The Mill, which […]

DE.CO, billed as Wilmington’s first food hall, holds ribbon cutting

Wilmington’s small business scene expanded Wednesday as Buccini/Pollin Group and Baltimore’s Seawall Development held a ribbon cutting for their DE.CO food hall. Located on the first floor of the DuPont Building at 10th and Orange streets, DE.CO features the DECO Bar and eight restaurant stalls, including a Pop-Up space that will be home to different chefs on a short-term basis. Customers […]

Saving for retirement? Surveys show many small business owners don’t

Small business owners could do more to prepare for retirement. That’s the takeaway from two surveys of small business owners. A survey of 1,960 small business owners by online small business website Manta found that more than one-third (34 percent) said they don’t have a retirement savings plan. The most common reasons were: “I don’t make enough […]

How Much Money Do You Need to Start a Business?

A recent article in Inc. magazine by editor-at-large Maria Aspan asks a crucial question for small business owners: how much money do you need to launch a business? The amount today is probably a lot less than the $31,500 average noted in a 2009 report published by the Ewing Marion Kauffman Foundation, says Aspan, the author of […]

Delaware’s a great state for veterans to start a business

You’ve learned so many valuable skills in the military. Why not put them to work in starting your own business? Delaware, home to Dover Air Force Base, is a great place for veterans looking to start a business. The state ranks 11th as a best state for veterans to live, according to an August 2018 analysis by SmartAsset. […]

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