Want to winterize your New Castle County restaurant for outdoor cold weather dining? A $5,000 grant could help

New Castle County and the Committee of 100 announced a new program Wednesday offering grants of up to $5,000 to restaurants in New Castle County to purchase equipment so they can continue offering outdoor dining once the weather turns cold. Restaurants will be able to spend the Winter Ready Restaurant Grant on items such as […]

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Small Business Administration and Treasury Deparment Announce Simplified Process for Forgiving Smaller PPP loans

Businesses that received small loans under the federal Paycheck Protection Program will have an easier time having those loans forgiven under new rules announced Thursday. The U.S. Small Business Administration, in consultation with the Treasury Department, unveiled a simpler application for businesses seeking not to have to repay PPP loans of $50,000 or less. U.S. […]

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Wondering how to position your business for Phase 2 and beyond? Here are some ideas.

Delaware entered Phase 2 of the state’s economic reopening on Monday, enabling businesses like restaurants and retail shops to increase their indoor capacity. As Delaware businesses look to adapt to new ways of doing things, the SmallBusinessTrends website pulled together suggestions from various blogs about moves business owners may wish to consider. From increasing spending […]

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If you received a PPP loan, you’ll want to know about these changes

The federal Paycheck Protection Program Flexibility Act, which was signed into law June 5, makes several significant changes to the program designed to make it easier for businesses to have at least a portion of the loan forgiven. Under the new law, businesses need to spend at least 60 percent of the loan on payroll, […]

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Barclays US Consumer Bank to Support Communities Impacted By COVID-19

This is a news release issued by Barclays US Consumer Bank Nonprofit organizations in Delaware, Nevada and Ohio are latest to receive funds from the global $125 million Barclays’ COVID-19 Community Aid Package May 26, 2020 11:11 AM Eastern Daylight Time This is a news release issued by Barclays US Consumer Bank WILMINGTON, Del.–(BUSINESS WIRE)–Barclays […]

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Kent County Levy Court Establishes a COVID-19 Business Relief Fund

PRESS RELEASE For Immediate Release Contact: Kelly Pitts May 13, 2020 [email protected] (302) 744-2304 KENT COUNTY LEVY COURT ESTABLISHES A COVID-19 BUSINESS RELIEF FUND Dover, Del. – What grew out of a request for assistance from the Central Delaware Chamber of Commerce to help businesses acquire Personal Protective Equipment and cleaning supplies, became the establishment […]

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Applying for a Round 2 PPP loan? Consider applying through a community bank.

Banks can begin submitting applications to the Small Business Administration for the second round of Paycheck Protection Program loans on Monday, so if you haven’t applied for a PPP loan yet, where should you apply? Laura Bilazarian, a venture capitalist and company founder who has been writing about the PPP, has a post out suggesting […]

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Here’s how one Delaware small business is adapting to the challenges of doing business in a pandemic

Sigma Data Systems Inc. in Newark is facing the same problem other businesses large and small are dealing with in the age of coronavirus: how to change business practices to keep things safe for customers and employees. The IT services support company serves clients whose business is essential, even during these difficult times. So, it […]

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