- The expansion will provide up to $25 million in additional relief for hundreds of businesses that have been disproportionately impacted. Qualifying businesses, including restaurants and taprooms, will receive double their original grant allocation. Impacted businesses will receive direct outreach from the Division of Small Business about the added funds.
- Reminder: Approved applicants in disproportionately impacted industries, but not eligible for the additional relief announced yesterday, will be receiving a 15% bonus allocation in the coming weeks, if not already. This bonus will apply to those who have already received grants and those who receive them going forward in a qualifying industry.
THE STATE OF DELAWARE WILL CLOSE THE APPLICATION PORTAL ON DECEMBER 4, 2020.
If you believe that your business could benefit from this program or find that you may now be eligible, please reach out to your contact at Santora CPA Group so that we can assist you with any questions and/or the application process.
Read the full press release from the Delaware Division of Small Business here.
Santora CPA Group will continue to monitor news releases from the Division of Small Business regarding this program and others. As more information is released, we will share it with you. We are here to help!