The Delaware Legislative Black caucus along with the Delaware division of small business, held a virtual information session Thursday night.
The goal of that session was to help minority-owned business owners impacted by the pandemic, get access to the $100 million Delaware relief grant program. This program allows grant recipients in the state to receive up to $100,000, that can be used to buy equipment that protects customers and workers, refinance debt incurred during the pandemic, fix expenses accrued during the pandemic, enhancements undertaken to adapt your business model and fixed expenses accrued during the pandemic, such as rent, utility and insurance.
We’re told small businesses especially minority-owned ones, have been hit hard by the pandemic, which is why local leaders like Sen. Darius Brown, a Democrat representing Delaware’s 2nd District. and director of the Delaware Division of Small Business, Damian DeStefano, are encouraging and educating them on how to apply for the relief funds.
“We are encouraging minority owned businesses to apply, so that they can have that same relief that some larger, mid-sized to large sized firms have experienced,” says Brown. He adds that they want to make sure that they support small business, which is the economic engine of the first state. Brown tells 47 ABC this money will ultimately help small businesses keep their doors open.
For more information on how to apply for the grant, you can visit the Delaware small business website at business.delaware.gov.