Long-term assistance for small businesses affected by Hurricane Sandy is being made available through expanded funding to the U.S. Small Business Administration’s resource partners working in conjunction with state and local organizations.
SBA’s resource partners will issue $13.1 million to collaborative teams, which will integrate local economic recovery efforts and bring delivery of business services.
This second phase of funding, part of $19 million in emergency appropriations approved by Congress, will be distributed by SBA’s resource partners — the Small Business Development Centers (SBDCs), SCORE, and Women’s Business Centers (WBCs) — to collaborative teams in 11 states and a U.S. territory. The following grant is expected to go to Delaware:
$304,000 – The Delaware Small Business & Technology Development Center (SBTDC) will lead the Delaware Disaster Prevention and Business Recovery Program to serve the entire state. SBTDC’s statewide collaborative approach involves the following partners: WBC – Delaware YWCA Center for Women’s Entrepreneurship; Delaware Economic Development Office; Delaware Emergency Management Agency; New Castle County Chamber of Commerce; Lewes Chamber of Commerce; Rehoboth Beach, Dewey Beach Chamber of Commerce; Greater Seaford Chamber of Commerce; and Southern Delaware Convention and Visitor’s Bureau.
As lead of the Maryland Hurricane Sandy Recovery Consortium, the Maryland Small Business and Technology Development Center (SBTDC) Network’s objective is to help small businesses refocus their operations and prepare to respond to future disasters. The SBTDC will collaborate with SCORE and also with the Economic Development Commissions/Agencies in Dorchester, Somerset, Salisbury-Wicomico and Worcester counties.
