Join us on June 4 for our next webinar
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BACK TO WORK: THE CASE FOR UPSKILLING OUR WORKFORCE
THURSDAY, JUNE 4 | 10:30 AM - 11:30 AM
Workforce development is more important now than ever. There are known labor shortages in industries like health care, construction/trades, and information technology. Workers given new opportunities to develop skills for in-demand careers will be the best-positioned when the economic recovery begins. Join us for our next webinar on upskilling our workforce with Delaware’s Secretary of Labor
Cerron Cade and
Ron Painter, president & CEO of the National Association of Workforce Boards.
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THE PLAN FOR CONTACT TRACING
The State of Delaware has partnered with University of Chicago to implement a contact tracing program with the assistance of the Delaware National Guard. If your business plans to test employees, the safety of your workforce will be improved only if you have an effective contact tracing program in place.
As an employer, you may have questions about your role and responsibility with contact tracing.
Watch our webinar with DHSS Secretary Kara Odom Walker and Major General Michael Berry:
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Helping small businesses
connect and sell online
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Last week Facebook released
results of a report of small businesses showing the damaging effects of the COVID-19 recession. The results revealed that nearly one-third of small businesses have gone out of business, reflecting how decimated small businesses in Delaware and across the U.S. have been since the economic collapse.
In support of these businesses, Mark Zuckerberg
announced new products to help small businesses join and succeed in the digital economy.
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COVID-19 Employee Symptom Monitoring & Virtual Care Program
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How ChristianaCare can help:
Backed by the experts at ChristianaCare, COVID-19 employee monitoring is managed by a Registered Nurse, so you can expect the same exceptional care that you would receive through any other ChristianaCare provider. The program can help businesses support their employees by:
- Reducing the need for in-person visits.
- Monitoring daily health status.
- Providing virtual care and testing options as directed by a provider.
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For the protection of your valued employees, you can partner with ChristianaCare and CareVio for COVID-19 employee monitoring to focus on employee health and reduce anxiety.
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Still looking for funding?
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MAIN STREET LENDING PROGRAM:
Designed to support medium-sized and small businesses
The
Main Street Lending Program
helps credit flow to businesses that were in good financial condition but now need loans to help until they have recovered from, or adapted to, the impacts of the pandemic. The availability of additional credit is intended to help companies maintain their operations and payroll until conditions improve.
Loans originated under the program have several features that will help businesses facing challenges:
- 4-year loans ranging in size from $500,000 to $200 million
- Floating rates
- Principal and interest payments deferred during the first year to assist businesses facing temporary cash flow interruptions
The program is aimed at lending to entities that are too big for the Small Business Administrations’ Paycheck Protection Program and too small for other emergency credit facilities. Such businesses are integral to the U.S. economy and create jobs for a large share of the U.S. workforce.
It is important to note that Main Street Lending differs from other programs because the issued loans must be repaid, and require both the borrower and lender to be eligible to participate in the program. Visit the
borrower’s page
or the
lender’s page
for more information.
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FEDEX:
#SupportSmall Grants
FedEx has committed $1 million to provide grants for small businesses in the U.S. Each grant recipient will receive $5,000, plus a $500 credit from FedEx Office that can be used for printing banners, posters, floor graphics, custom branded boxes, and more.
Learn more
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LONGWOOD FOUNDATION:
Summer 2020 Grant Cycle
The Longwood Foundation is running a summer grant cycle to expedite getting funding to the community for nonprofits with COVID-19 informed plans/needs. Application deadline is June 5.
Learn more
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DELAWARE DOES MORE:
COVID-19 Rapid Response Fund
The Delaware COVID-19 Strategic Response Fund targets emerging and evolving needs of the state’s most-impacted communities, for the longer term needs of our community.
The fund will accept additional grant applications on June 1 and June 15. The June grants will target nonprofit organizations – both large and small – playing key roles in various sectors, throughout the state.
Learn more
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LABOR REVIEW
April 2020
Delaware’s seasonally adjusted unemployment rate in April 2020 was 14.3%, up from 5.0% in March 2020. There were 66,700 unemployed Delawareans in April 2020 compared to 17,600 in April 2019. The US unemployment rate was 14.7% in April 2020, up from 4.4% in March 2020. In April 2019, the US unemployment rate was 3.6%, while Delaware’s rate was 3.6%.
In April 2020, seasonally adjusted nonfarm employment was 390,600, down from 465,300 in March 2020. Since April 2019, Delaware’s total nonfarm jobs have decreased by a net loss of 74,400, a decline of 16.0%. Nationally, jobs during that period declined 12.9%.
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Message from the President
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Memorial Day, as Decoration Day gradually came to be known, originally honored only those lost while fighting in the Civil War. But during World War I the United States found itself embroiled in another major conflict, and the holiday evolved to commemorate American military personnel who died in all wars, including
World War II
,
The Vietnam War
,
The Korean War
and the wars in
Iraq and Afghanistan
.
Read more
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Office of the Governor
6abc
Delaware Business Now
Delaware Business Times
Delaware Public Media
Delaware State News
Inc.
The News Journal
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CHECK YOUR INBOX!
Member dues invoices are no longer snail mailed! We now email your dues renewal invoices. Questions? Contact
Chuck James
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