Del. EARNS Retirement Program Now Law – What’s Next?

Gov. Carney signed the Delaware EARNS Act Thursday (photo courtesy of Delaware State House Democratic Caucus)
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The Delaware EARNS Act is now law. Businesses with more than five employees that do not currently offer a retirement plan would be required to take part in the “Expanding Access for Retirement and Necessary Savings” program, through a payroll process. Governor John Carney signed the legislation, House Bill 205, Thursday. State Treasurer Colleen Davis…

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Several Area Small Businesses Receive EDGE Grants

EDGE grant winners in the entrepreneurs category were recognized Thursday (photo courtesy of the Delaware Division of Small Business)
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15 small businesses are receiving EDGE grants through the Delaware Division of Small Business. The Encouraging Development, Growth and Expansion program considers grants for businesses that are less than five years old and employ no more than ten people. Grants are considered and awarded in the STEM and non-STEM categories. “The EDGE Grant program is…

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Del. State Contractors Could Qualify For Relief Program

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Delaware is launching a “Market Pressure Relief Fund” that would help state contractors who have been facing higher costs for construction materials. According to the Delaware Division of Small Business and the Office of Management and Budget, general contractors with the state resulting from a ‘formal procurement’ can apply for assistance. The fund will provide…

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Gov. Carney Announced Additional COVID-19 Restrictions

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Governor John Carney Thursday announced additional restrictions that cover business operations, crowd size and a curfew for restaurants and bars as the state attempts to confront a winter surge of coronavirus. Carney signed the fourth revision to the omnibus emergency order that enacts the new restrictions as of Monday, December 14th at 8:00 a.m. The…

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Gov. Hogan Announced Tax Relief, Other Initiatives

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Maryland Governor Larry Hogan Thursday announced a small business tax relief program, forgiveness of small business loans, support for low-income housing and rental programs and other initiatives to help struggling Marylanders and businesses cope with the ongoing COVID-19 pandemic. An executive order issued by Hogan provides small business with a break from major increases in…

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Md. Unveils $250-Million Economic Relief Package

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Maryland Governor Larry Hogan said Thursday that the state will allocate money from the Rainy Day fund toward the $250-million Maryland Strong: Economic Recovery Initiative. Maryland restaurants, small businesses, arts organizations, entertainment venues and Main Street programs could qualify for direct assistance under this program. Hogan said he took the action as the federal government…

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Governor Carney launches new online tool for small businesses

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Delaware Governor John Carney on Wednesday officially launched a new online tool to help streamline documentation and reporting requirements for new businesses. The new Delaware One Stop, available at onestop.delaware.gov, allows businesses to interact with core state agencies whether they are starting out or ready to grow. Delaware One Stop is a convenient, centralized transactional…

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