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Thursday, February 25, 2021
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Heart and Home gift Shop on Newark’s. Main Street to close

The Heart and Home Gift Shop is closing on Main Street Newark as retail and service businesses become fewer.   The stores in Pike Creek and Glasgow will remain open.   "Not having UD staff and students to...
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Newark travel agency owner forms trade group

A travel agent  group has been  formed in Delaware. Newark travel agency owner Bob Older recently  announced the formation of the First State Travel Professionals Alliance. Older is also the founder of the Delaware Small...
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Delaware jobless rate up slightly to 5.3%

Delaware’s seasonally adjusted unemployment rate in December rose to 5.3 percent, up slightly from 5.1 percent in November of last year. The Delaware Department of Labor reported 25,200 unemployed Delawareans in December 2020 compared to...
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Press release: Del. SBA office offering twice-weekly Zoom sessions on Payroll Protection Program

The U.S. Small Business Administration’s Delaware Office will host twice-per-week Zoom sessions outlining the Paycheck Protection Program (PPP) and fielding questions from session participants regarding the program, including its application and loan forgiveness processes. The...
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Delmar Fitness opens 24-hour gym

Delmar Fitness officially opened its doors earlier this month. Owner Vishal Patel said he learned that the  Anytime Fitness gym was closing and thought it would be a great opportunity to turn the location into...
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DE Relief Grant program now open to new applicants

As previously announced, the  Delaware Division of Small Business has resumed the applications process for  DE Relief Grants.   Small businesses and nonprofit organizations that have not applied in earlier rounds will have the opportunity to...
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Delaware’s pandemic job recovery, while improved in short term, still trails...

Delaware  fared  better than much of the nation in new jobless claims but is lagging in the overall employment recovery from coronavirus. The weekly WalletHub unemployment report showed Delaware ranking 18th in its jobs recovery...
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Private equity buyouts continue

Hello everyone, Last week, we saw yet another example of the trend toward smaller businesses being acquired by private equity. This trend has been going on for years, thanks in part to low interest rates that...
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Application window reopening for small business, nonprofit DE Relief Grants

The Delaware Division of Small Business announced  that the DE Relief Grants portal will begin accepting new applications on Tuesday, Jan. 19 at 10 a.m.   The division also announced that businesses that ended up with...
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Trending: Next round of the Payroll Protection Program gets underway on ...

The  Small Business Administration (SBA),  will reopen the Payroll Protection Program on the week of Jan. 11 for new borrowers and some existing PPP borrowers. Only community financial institutions will be able to make First...