Categories: Business

Delaware Small Business Development Center Receives $675,423 in Funding to Support Struggling Entrepreneurs

In a bid to support struggling small and early-stage businesses, the Delaware Small Business Development Center (SBDC) has received $675,423 in funding from the State Small Business Credit Initiative (SSBCI). The Division of Small Business (DSB) in the state collaborated with SBDC to secure this funding, which is part of a larger ten-year, $60 million award granted to the state by the US Treasury Department in 2023.

The SBDC will use this funding to provide technical assistance to small business owners in need of support. This includes one-on-one technical advising and training sessions that focus on financials, best accounting practices, and legal requirements. The aim is to help entrepreneurs gain access to funding and achieve success.

Interested business owners can learn more about this opportunity by attending a webinar on April 30 at 11 a.m. Representatives from DSB, SBDC, and program lenders like Del-One Federal Credit Union and True Access Capital will provide information on their lending programs during the webinar. Registration for the webinar can be done on the State of Delaware website.

For those looking for a community platform where they can connect with like-minded individuals, Technical.ly’s open community Slack platform offers an opportunity to join the conversation and engage with others in the industry.

Samantha Reynolds

As a content writer at newsabcc.com, I dive into the depths of information to craft engaging and informative pieces that captivate our audience. With a keen eye for detail and a love for storytelling, I strive to deliver content that not only informs but also inspires. Whether unraveling the latest trends or delving into complex topics, I am dedicated to bringing valuable insights to our readers. Join me on this journey as we explore the world through the power of words.

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Samantha Reynolds

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