Business Assistance

There are several innovative programs at the state, county, and local levels to invest in the success of your business and help you grow.

New Castle County Programs

Partial Property Tax Exemption

Businesses that invest at least $50,000 in new construction of commercial or manufacturing facilities in unincorporated areas of the county are eligible for a three year partial property tax exemption for the incremental increase in property assessment due to the new development in excess of $50,000. The tax exemption is applicable to only the New Castle County portion of real estate taxes.

Redevelopment Ordinance

New Castle County's Redevelopment Ordinance encourages smart growth and revitalization of older communities by offering incentives and accelerated permitting for entities that redevelop brownfields and existing vacant properties.

State Programs

Delaware’s Small Business Development Center

The SBDC delivers training programs and FREE professional consulting services to help innovators, startups, and existing businesses (under 500 employees) to formulate and execute strategies to grow and succeed. Learn more about the SBDC here: Services – Delaware SBDC

Delaware Prosperity Partnership 

Delaware is home to a highly attractive economic environment where today’s companies excel. Here, we merge an accessible and willing government with a low cost of doing business and powerful legal, governing, and corporate tax regulations that make Delaware one of the best place to incorporate your business and strategically position your company. Learn more about the DPP here: Businesses in Delaware | Delaware Prosperity Partnership (choosedelaware.com)

Grow Delaware Fund 

The Grow Delaware Fund Helps Support Economic Development And Meet Small Business Financing Needs Throughout Delaware. Learn more here: Home - Grow Delaware Fund

Brownfield Development Program

The Brownfield Development Program encourages the cleanup and redevelopment of vacant, abandoned or underutilized properties which may be environmentally contaminated. Learn more here: Brownfields - DNREC Alpha (delaware.gov)

Local Municipality Program

City of Newark Facade Improvement Program:

The City of Newark, using Federal Community Development Block Grant monies, provides a 0% interest loan program for facade improvements. Newark property owners and businesses may qualify for loans up to $2,000 for each project. Eligible activities include painting, siding, signs, landscaping, doors, window treatments, awnings, canopies and lighting. Contact the Planning and Development Department at 302-366-7030 . Learn more here: Newark Facade Improvement Program | Newark, DE - Official Website (newarkde.gov)