With the Delaware House and Senate declaring May Small Business Month, the state agency focused on highlighting ways it can help. According to annual reports by the Division of Small Business, which was established in 2018, there were then 24,782 small businesses in the state. Small businesses are defined as a company with less than 100 employees. That increased to …
Delaware gives big grants to 10 small businesses
Ten small businesses in Delaware have been awarded grants in the sixth round of the Encouraging Development, Growth and Expansion competition. Since the state government launched EDGE in 2019, $4.2 million has been awarded to 68 promising small businesses. In this round, more than 120 businesses applied for grants. Businesses that are less than 5 years old and employ no more …