September 8 (hey, that’s today) marks the application launch for Delaware Small Business Relief Grants, which will award small businesses in the state COVID-19 emergency funds up to $100,000. Are you eligible? Are you ready to apply? Feel like you need some guidance?
The Delaware Department of Small Business (DDSB) put together a one-hour webinar presented by Damian DeStefano, Director of the DDSB, a free resource for Delaware small business owners. If you missed it, you can still check it out here:
In short, the amount a business is eligible for ranges from (up to) $30,000 to $100,000, based on the company’s 2019 revenue, as follows:
- $0 to $500,000 — Up to $30,000
- $500,000 to $1 million — Up to $50,000
- $1 million to $2.5 million — Up to $72,500
- $2.5+ million — Up to $100,000
Funds must be used for COVID-19 expenses, including fixed expenses accrued during the pandemic.
The application is live on business.delaware.gov/relief/
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