Posts Tagged ‘economy’
Record Number of Md. Apprentices Earn as They Learn
Maryland has registered more than 12,000 apprentices for the Maryland Apprenticeship and Training Program, the most in state history. Participants are taking part in 182 active apprenticeship programs in partnership with more than 3,800 employers Apprentices are able to earn as they learn for a career in a skilled position in a variety of fields.…
Read MoreDel. Division of Small Business Accepts Applications for EDGE Grants
Younger businesses in Delaware are able to apply for an EDGE grant from the Division of Small Business to boost their growth plans. EDGE is “Encouraging Development, Growth and Expansion.” Businesses that are less than five years old and employ no more than ten employees are invited to apply for the competitive grant program. The…
Read MoreMaryland No. 1 State For Gender Equality
Maryland is the top state for gender equality – that’s according to U-S News and World Report. The analysis cites Kindergarten through grade 12 education as a leading factor in achieving the nation’s top ranking and Maryland took the top spot in the education category. Maryland also scored in the top five states for the…
Read MoreSeaford Chosen for Chemical Company’s Expansion
Seaford gets the Royale treatment. The Royale Group, a collection of specialty chemicals companies, plans to expand its Delaware presence by purchasing an underutilized building, the former BASF Polymer plant on Industrial Park Boulevard, now owned by Delmarva Central Railroad. The Delaware Prosperity Partnership assisted Royale with its relocation from New Jersey to a New…
Read MoreDel. EARNS Retirement Program Now Law – What’s Next?
The Delaware EARNS Act is now law. Businesses with more than five employees that do not currently offer a retirement plan would be required to take part in the “Expanding Access for Retirement and Necessary Savings” program, through a payroll process. Governor John Carney signed the legislation, House Bill 205, Thursday. State Treasurer Colleen Davis…
Read MoreMd. Back-to-School Sales Tax Exemption Scheduled for Aug. 14th-20th
Maryland looks to send kids and families back to school with savings.Shop Maryland Tax-Free week is scheduled for August 14th through August 20th.State Comptroller Peter Franchot said Monday that qualifying articles of clothing or footwear priced $100 or less will be exempt from Maryland’s six-percent sales tax. Also, the first $40 of a backpack purchase…
Read MoreDel. Accepts Applications for Site Readiness Grants
Delaware businesses or local governments that qualify are invited to apply for grants or loans from the Site Readiness Fund.Funding is available to support construction, renovation or improvement of commercial or industrial sites for new or established businesses. The fund was created through a bill that passed in the General Assembly (SB 127) last year…
Read MoreKent Co. Introduces Growth Fund for Businesses with Expansion Plans
Helping businesses grow and expand is the goal of the Kent County Growth Fund. The fund is designed to help businesses that have been in operation for at least two years, and that have between 10 and 500 full-time employees. They could qualify for loans of between $250,000 and $1,000,000 dollars to buy machinery, equipment,…
Read MoreFood Bank of Del. Mobile Pantry Returns to Sussex Co. Monday
The Food Bank of Delaware will host monthly mobile food pantries next week, starting Monday in Sussex County.Food will be available starting at 10:00 a.m. Monday at Crossroad Community Church on State Forest Road between Georgetown and Bridgeville.Proof of Delaware residency will be required. Guests are asked to clear space in their vehicle so volunteers…
Read MoreChicken Chat: Delmarva Chicken Association Releases 2021 Facts
Chicken is a big deal on Delmarva.How big?According to the Delmarva Chicken Association 2021 fact sheet, the region’s chicken community produced 567-million chickens last year, generating 4.2-billion pounds of shelf- and table-ready chicken.Wholesale value of Delmarva chicken was also reported at a record $4.2-billion.Independent chicken growers experienced a slight decline in income from 2020 to…
Read MoreSnow Hill Proceeds With Scaled-Down Repairs To Black-Eyed Susan
Snow Hill officials have narrowly voted to approve a scaled-down repair plan for The Black-Eyed Susan to get the vessel floating on the Pocomoke River again. The town will also continue to look for funding sources to pay for the level of repairs that would be needed to get the riverboat into full service. A…
Read MoreWorcester Co. Names Workforce Development Specialist
Worcester County has hired a new Workforce Development Specialist within Worcester County Economic Development.Nancy Schwendeman will oversee the county’s initiatives to educate and train people to meet the needs of current and future businesses and industries.Worcester County workforce development partnerships also involve Worcester Tech High School, local chambers of commerce, the Maryland Department of Commerce,…
Read MoreDel. Realty Transfer Tax Could Be Reduced Under New Legislation
Delaware’s realty transfer tax would be reduced by 25-percent under a bill with bipartisan sponsorship in the General Assembly. (HB 358)The transfer tax, which is typically split between the buyer and seller of a home, was increased five years ago during difficult economic times that faced the state.The measure has 15 Republican sponsors and 13…
Read MoreDel. Rebate Program Advances In General Assembly
A program to make direct one-time payments to Delawareans of $300 is halfway through being approved by the General Assembly.The 2022 Delaware Relief Rebate Program (HB 360) was overwhelmingly approved in the House of Representatives Thursday. It was introduced just a few days earlier, with the goal of helping hundreds of thousands of people meet…
Read More8,100 Housing Units Coming Through Salisbury’s “Here is Home” Program
Home construction is picking up in Salisbury through the city’s “Here is Home” housing program.According to Mayor Jake Day, the incentive-initiative will result in 8,100 new housing units over the next five years. The proposed construction represents a $1.4-billion expansion of Salisbury’s $800-million existing residential base.Single-family and multi-family homes, duplexes, townhouse apartments, condos, and assisted-…
Read MoreDelmarva Lawmakers React To President Biden’s State of the Union Address
Statement from Congressman Andy Harris, R- Md. 1st: “This speech was full of false claims and more of the same false promises of ‘free’ things that the president claimed will cost no one anything. Americans know better – they know that uncontrolled spending is what drove up inflation. There was lots of lip service, but…
Read MoreRocket Lab Chooses Wallops Island For Rocket Manufacturing / Launch Facility; Potential For 250 Jobs
Rocket lab USA plans to build its first launch site at Wallops Island, Virginia, as well as extensive manufacturing and operations facilities for its eight-ton payload class reusable Neutron rocket. The project is expected to bring as many as 250 jobs to the Eastern Shore. The facility would cover about a quarter-million square feet and…
Read MoreMd. Estimated Tax Deadline Extended
Maryland individual taxpayers who pay estimated quarterly taxes now have until July 15th to make payments for the first- and second quarters of tax year 2022. State Comptroller Peter Franchot said this makes extra time available for taxpayers, many of whom have faced financial hardship during the COVID-19 pandemic, to improve their financial circumstances. The…
Read MoreMd. Shoppers Of Energy-Efficient Appliances Get Sales Tax Break This Weekend
Attention, shoppers: “Shop Maryland Energy Weekend” is coming up. The state’s 6% sales tax will be lifted for appliances purchased between Saturday and Presidents Day that have the Energy Star Label. Maryland State Comptroller Peter Franchot said it’s an opportunity to replace outdated appliances with something that’s more modern and energy-efficient, as well as an…
Read MoreVIDEO | Md. Gov. Hogan Proposes $4.6-Billion In Tax Relief, Business Incentives
Heading into his final year in office, Maryland Governor Larry Hogan is proposing a total of $4.6-billion in tax relief for families, retirees and small businesses. One measure would eliminate 100% of state retirement taxes, phased in over time but starting in 2022. Hogan is also proposing expansion of the More Jobs for Marylanders program,…
Read MoreDel. Restaurants, Bars May Be Able To Keep Expanded Outdoor Spaces
Delaware bars and restaurants that expanded outdoor seating during the COVID-19 pandemic would no longer face a sunset provision, under a bill introduced in the General Assembly. The measure would also allow for continuation of to-go sales of alcohol. Representative Pete Schwartzkopf, D-Rehoboth Beach and State Senator Ernie Lopez, R-Lewes are sponsoring a bill that…
Read MoreSeveral Area Small Businesses Receive EDGE Grants
15 small businesses are receiving EDGE grants through the Delaware Division of Small Business. The Encouraging Development, Growth and Expansion program considers grants for businesses that are less than five years old and employ no more than ten people. Grants are considered and awarded in the STEM and non-STEM categories. “The EDGE Grant program is…
Read MoreMd. Introduces Supply Chain Resiliency Program
Maryland is looking to address supply chain issues and the impact they have on businesses and citizens. Governor Larry Hogan said Tuesday that the Maryland Department of Commerce in coordination with the Maryland Manufacturing Extension Partnership will form the Maryland Supply Chain Resiliency Program. Manufacturers will have the opportunity to learn and share best practices…
Read MoreBlack Friday, Small Business Saturday Ignite Holiday Shopping Season
The day after Thanksgiving begins the holiday shopping crunch, although Black Friday deals have been available for weeks now. Small businesses also welcome your dollars, especially on Small Business Saturday. At the Crossroads of Delmarva, many Downtown Salisbury businesses are offering special deals as well as special discoveries Saturday. An artists’ market will also be…
Read MoreDel. Restaurants, Hotels Look To Fill Openings During Virtual Job Fair Tuesday
The Delaware Restaurant Association goes virtual in an attempt to help establishments find the employees they’re looking for. The DRA is hosting its inaugural virtual Holiday Hiring Restaurant Job Expo. Restaurants, hotels and food service establishments will be able to connect with job seekers who are interested in career opportunities up and down the state.…
Read More