An expansion has been announced for Delaware’sDE Relief program, and theRapid Workforce Training and Redeployment Initiative.
New Castle County has provided additional funding for both programs from its allocation of Coronavirus Aid, Relief, and Economic Security (CARES) Act funding.
With the expansion, $150 million is available in direct grant assistance for Delaware small businesses. The workforce training program,created by Gov. John Carney’s Executive Order #43, is funded with $15 million in CARES Act funding from the State of Delaware and New Castle County.
“We remain focused on supporting the Delaware small businesses, workers and families most affected by this COVID-19 crisis,” said Carney. “Our continued partnership with New Castle County will help us get more support to more Delawareans. That could not be more critical. This additional funding will help get Delaware small businesses through this challenging time, and get Delaware workers trained for jobs currently in demand in our economy.”
Hundreds of Delaware small businesses and nonprofit organizationshave been approved for the first round of DE Relief grants – the largest cumulative grant award ever made by the State of Delaware to small businesses. The grants allow recipients to improve their finances wtihout adding to their debt burden.
A total of 741 applicants will share $25.7 million in funding through the first round of the program. DE Relief grants are administered by the Delaware Division of Small Business.
“Since day one, small businesses have been severely impacted by the burden of COVID-19,” said New Castle County Executive Matt Meyer. “I am pleased with Governor Carney’s decision to increase funding for DE Relief Small Business Program and proud New Castle County continues to partner with the state to make vital investments at this critical time. As we continue to find a way out of this pandemic, I encourage Delawareans to continue to support local businesses in any way we can.”
Rapaid Workforce Training and Redevelopment trains workers in industries that are seeing job growth.