Governor's Weekly Message: Strengthening the Economy by Supporting Small Businesses

Statement

Delaware's economy is getting stronger, with job growth outpacing the national average over the past two years. And we must ensure our state's policies help continue this trend.

We know that small companies account for the majority of business sales and job creation, so it's critical that we provide the support and environment they need to thrive. That means encouraging businesses of all types, from Miller Metal's fabrication facility in Bridgeville to BrightFields environmental consulting in Wilmington to Royal Treatments, a home décor and window treatments shop owned by Karen Gill in Smyrna. Karen took advantage of our Project Pop-Up program, which provides small business owners three months of rent-free retail space in vacant downtown properties.She and her husband have now started a second company on Smyrna's Main Street.

Project Pop-Up is part of our comprehensive approach to encourage small business growth. We've cut and modified state regulations; doubled the availability of research and development tax credit for small companies; and helped them develop relationships with partners around the world. Our efforts will only have their full effect if all small businesses have a fair chance to prosper. It's why I was proud to announce the Small Business Focus Program, which helps state agencies consider small companies when purchasing the goods and services that they need. And it ensures that businesspeople with disabilities, as well as companies owned by women, minorities, and veterans, compete for state contracts on a level playing field.

Hardworking entrepreneurs across ours state have great ideas to serve customers in Delaware, throughout the country, and around the world. By ensuring they have the opportunity to reach their potential, we'll keep Delaware moving forward.

Source