Small business

Small business

Sussex mailing out surveys for commercial properties as part of reassessment

Sussex County’s property reassessment effort is moving to another phase with business properties. The county this month will issue commercial valuation surveys to nearly 4,500 business properties throughout the county as part of the ongoing reassessment process. The surveys are for commercial property and business owners only, to provide important information about each parcel’s activities, which will then...

Gas price drop slows and may be coming to an end

Delaware gas prices fell by less than a penny between Tuesday as signs continue to point to the long-running decline coming to an end, AAA reported. The nation's average gas price rose slightly on Wednesday for the first time in more than three months. The price at the pump at one point approached $5 a gallon in Delaware earlier in...

UD’s Horn program announces 17&43 entrepreneur award winners

(From Lerner College of Business and Economics) Horn Entrepreneurship and the University of Delaware Lerner College of Business and Economics announced the 2022 Blue Hen 17&43 award winners. Criteria used in the selection of the winners included revenue, growth, innovation and social impact. Businesses span areas from SaS platforms, consumer packaged goods, financial services and bio-medical technology. ...

Young businesses can now apply for state EDGE grants

Young Delaware companies in need of funding to help expand their business can apply to compete for an Encouraging Development, Growth and Expansion (EDGE) grant from the Division of Small Business. The division will be accepting EDGE grant applications through September 30 from promising early-stage businesses throughout Delaware. Businesses that are less than five years old and employ no more than 10 employees are...

Drop in gas prices continues after Labor Day

Gasoline prices continued to drop after the Labor Day weekend, due in part to a lack of hurricanes and tropical storms in the Gulf of Mexico. The price at the pump for regular fell to $3.56 a gallon.The peak gas price in Delaware fell just short of the $5 a gallon mark. The price at the pump is still 45 cents...

My take: Task of watering ‘broadband deserts’ gets underway

An ambitious program to bring broadband internet to areas of the state is getting underway. Three of the four cable companies operating in Delaware will share in the nearly $45 million grant that is part of a $110 million program announced earlier,  Fierce Telecom reported. The money comes from the American Rescue Plan Act. (Graphic from the State of Delaware)  Comcast will get $33...

i.g Burton buys Newark Chrysler Jeep Dodge Ram

Newark Chrysler Jeep Dodge Ram of Delaware was sold by  Gary Hendrixson, Sr. and Gary Hendrixson, Jr. to Charles Burton and MJ Lofland of i.g. Burton Auto Group. Newark Chrysler Jeep Dodge Ram had been family-owned and operated for more than 40 years. The dealership was established by Gary Hendrixson, Sr. in 1980, and has been under the leadership of Gary Hendrixson, Jr. since 2000. Following the sale, the...

Wilmington daycare center owner pleads guilty to tax evasion

A Wilmington woman pleaded guilty in federal court this month to three counts of tax evasion.   According to court documents, Brenda Mathis, the owner of LJ’s Playpen Academy, a Wilmington daycare center, failed to declare all of the income received by the daycare on  corporate tax returns.  As a result, the daycare underpaid taxes in 2015, 2016, and 2017. Mathis...

Blue Hen Car Wash sold

Blue Hen Car Wash has been sold  to the Wills Group's Splash In. Blue Hen has locations in Newark and north Wilmington. Blue Hen is a two-site express car wash brand in Delaware founded in 2013 by owner and operator Jack Quinn.  Splash In has 48 rollover car washes and one express car wash across the Mid-Atlantic region." Wills has 280...

Delaware EARNS savings plan on its way to becoming a retirement savings option

Gov. Carney signed HB 205, the Delaware EARNS Act, into law last week. The law will potentially benefit 150,000 Delawareans without a retirement plan. With the enactment of the legislation, the Office of the State Treasurer officially begins building the infrastructure that will drive the landmark retirement program. Delaware EARNS (Expanding Access for Retirement and Necessary Savings) requires businesses...

State Chamber announces Gilman Superstars in Business winners

 The Delaware State Chamber of Commerce and its Small Business Alliance announced this year’s Superstars in Business award winners - Jewish Family Services of Delaware, Action Unlimited Resources, L&W Insurance, and Schlosser & Associates Mechanical Contractors. The honorees will be recognized at an awards ceremony on November 2, 2022. Keynote speaker  is Katey Jo Evans, co-founder of  The Frozen Farmer An entrepreneur...

More than two dozen Delaware companies make the Inc. 500 list

The Inc. 5000 ranking of the nation's fastest-growing private companies has been released, with more than two-dozen Delaware enterprises making the annual list. The ranking is based on companies in existence since 2018 that generated at least 100,000 in revenue during that year and recorded more than $2 million in revenue in 2021. Companies  have to be closely held and cannot...

Wilmington community groups announce expansion of business funding programs

 Cornerstone West and its partners announced the expansion of three  Wilmington funding programs launched in 2020 as a way to meet the  needs of a small business community struggling to survive during the Covid  pandemic. The programs are the Wilmington Strong Fund, the West Side Small Business Innovation Grant Program, and the West Side Corridor Revitalization Fund. Cornerstone West CDC and its...

Delaware Division of Small Business awards latest round of EDGE grants

The Delaware Division of Small Business recognized 10 small businesses last week as winners of the fifth round of Encouraging Development, Growth and Expansion (EDGE) grants. Businesses include  a bioresorbable vascular stent developer, a Puerto Rican-inspired bakery, an outdoor baseball facility, and a cycling studio. Gov. John Carney and Division of Small Business Acting Director Regina Mitchell announced the companies at...

Food and drink: Capriotti’s and pizza?, Brazilian steakhouse heading to mall area

The long-shuttered Don Pablo's near Christiana Mall  has been seeing visits from contractors. Now we know why,. A sign is up for CS, short for Churrascarcia Saudades, the locally owned Brazilian steakhouse at the Newark Shopping Center. Actually, word leaked out about CS last fall but owners have been mum on  future plans. Saudades has gained a following since its opening in...