Main Local Economy Information in Delaware
Delaware's economy is known for its significant chemical manufacturing sector, corporate headquarters, and banking services, thanks to favorable corporate laws and tax regulations.
Your Delaware and Local Small Business Funding Guide
Delaware provides several incentives for small businesses including tax credits, financing programs aimed at innovation, and support for startups through business incubators and accelerators.
Small Businesses in Delaware
Small businesses in Delaware benefit from the state's strategic location, corporate-friendly environment, and strong support networks for startups and established businesses alike.
Documents Needed to Get a Small Business Loan in Delaware
- Comprehensive business plan with detailed market analysis
- Financial statements, including projections and past performance
- Business and personal tax returns
- Documentation of business registration in Delaware
- Personal and business credit histories
Delaware Department of Commerce: Key Functions and Contact Information
Website URL: Delaware Division of Small Business
Phone: [302-739-4271]
Address: 820 North French Street, Wilmington, DE 19801
Local Resources in Delaware
The Delaware Small Business Development Center (DSBDC) offers consulting services, training programs, and financial assistance planning to help entrepreneurs navigate the business landscape.
How to be Successful with Business Funding in Delaware
For success in Delaware, leveraging the state's business-friendly climate and accessing local and state government resources are key strategies. Focus on sectors like chemical manufacturing, finance, and corporate services to maximize funding opportunities.
SBA Resources in Delaware
The SBA in Delaware supports small businesses with access to capital, counseling, and training tailored to the local economic sectors, enhancing opportunities for growth and success.