Issue 6.22
May 29, 2020
Join us on June 4 for our next webinar
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.
Return to Work Safely
Sponsored by:

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:
Helping small businesses
connect and sell online
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.
FACEBOOK SHOPS allow small businesses to easily create a customized shop for their customers on Facebook and Instagram. Facebook Shops enable small businesses to build a digital presence that makes shopping easier across Facebook and Instagram and help businesses of all sizes grow. Facebook Shops is a mobile-first shopping experience for today’s instant gratification shopper.  Learn more
BUSINESSES NEARBY helps people find essential products and services quickly by connecting customers with local businesses on Facebook. Through this platform, people can learn what’s happening with their neighborhood shops, message them, or order food and buy goods from them through third-party apps.  View platform
COVID-19 Employee Symptom Monitoring & Virtual Care Program
Still looking for funding?
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.
#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
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
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
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%.
Message from the President
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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