Small businesses and non-profits in Delaware that were impacted by the COVID-19 pandemic are eligible for up to $100,000 as part of the Delaware Relief Grant program offered through the Division of Small Business. The funds are derived from the federal CARES Act. The first round of applications opens on September 8th with additional rounds opening in October and November. A copy of your business or non-profit’s 2019 tax return, receipts for qualifying expenses, and a Delaware Business License are needed to get started. More information can be found at www.delbiz.com/relief.
If awarded, the grant can be used for the following COVID-19 related costs:
- Safety equipment
- Refinancing of debt incurred due to COVID-19
- Technological enhancements made to adapt business model
- Fixed expenses including rent, mortgage, utilities, insurance, etc. accrued during COVID-19
Assistance with the application is being offered by the Division of Small Business’s team of Regional Business Managers. The Government Relations team at Morris James, LLP is also ready to help.