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Tuesday, October 13, 2020
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Financial services remains a bright spot for Delaware

Good afternoon, It wasn't that long ago that some in Delaware's gloom and doom crowd were predicting that the state's financial service industry was on the bubble. Their argument -  the quality of life was low,...
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Collins to step down as state’s chief technology officer

Delaware Chief Information Officer (CIO) James Collins will step down later this month after nearly 20 years with the state. The past six years were spent as head of the Delaware Department of Technology...
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M&T offers financial technology platform that manages trust accounts from law firm bank accounts

Nota's market niche is small and mid-sized firms M&T Bank  unveiled Nota, a new fintech solution to help lawyers manage their trust accounts by using information directly from their bank accounts. Built primarily for small law...
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Lidl confirms Bear store opening by the end of 2021

Lidl US announced plans today to open 50 new stores by the end of 2021. The only Delaware store on the list is a location on Route 40 at the site of the former...
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Pre-Covid survey: Information technology remains top priority for Delaware employers

Delaware Prosperity Partnership has announced results of a focus group survey aimed at building  an information technology talent pipeline. While launched pre-Covid-19, the findings of the analysis are relevant as Delaware businesses are facing strong...
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Sallie Mae reports second quarter loss

  Student lender Sallie Mae reported a loss in the second quarter. The loss per share totaled 23 cents, driven by a $243 Million increase to the provision for credit losses, due to future impacts from...
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Delaware gets an information technology council

The state's first Information Technology  Industry Council was launched at a special webinar late last week. The IT Industry Council is comprised of more than 20 executives representing employers in the state. The group's aim is...
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Updated: Search feature offers a look into Payroll Protection loans in Delaware, nationwide

The ProPublica nonprofit journalism site has issued a search feature on Payroll Protection Program loans in Delaware and nationwide. The site added the feature based on previously released spreadsheets from the Small Business Administration. Click here...
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Viewpoint: As deadline nears, SBA asks Payroll Protection lenders to work with...

BY: SBA Steve Bulger, Mid-Atlantic Regional Administrator (acting)  The final days  of the Paycheck Protection Program are upon us. The U.S. Small Business Administration continues to work with lenders to prioritize access to capital and...
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$1.45 billion in loans issued under Payroll Protection Program went to Delaware organizations

Financial institutions have processed  more than $1.45  billion in Payroll Protection Program loan-grants for Delaware companies. The PPP program partially or totally forgives loans to companies and organizations that retain employees during the coronavirus crisis. While...