Another Update to the Delaware Relief Grant Program

On December 21, 2020, Governor Carney and the Delaware Division of Small Business announced an additional round of bonus funding for the Delaware Relief Grant program. This time all grantees will be receiving a bonus of at least 20% of their original grant amount, with restaurants and bars receiving a 50% bonus.

The below chart provides information on all three rounds of bonus funding that have been announced through today:

Unlike the original grants, these bonus funds can be used for any legitimate business expense. All recipients will need to visit their online dashboard to review the terms and accept the bonus funds. We encourage you to reach out to your tax professional prior to accepting the bonus to plan for the impact on your income taxes.

If you have questions regarding this program or any of the other economic stimulus programs, please contact your account administrator or contact our office at 302-737-6200. We are here to help!

Santora CPA Group
Call us 302-737-6200