Incentives | Choose Central Delaware

Learn more about Choose Central Delaware's business incentive programs.

Central Delaware has programs to assist your business; they offer incentives that can help you whether you are just starting your business or needing help with transitioning your existing business into Delaware. See below for some of the incentives Central Delaware offers!

Incentives

 

 

Site Readiness Fund

The purpose of the Fund is to cultivate a resource of commercial, industrial sites that are readily available to new businesses, established businesses that are considering moving to the State, or existing businesses within the State that need additional sites to remain or expand within the State. The Fund provides for renovation, construction, or other improvements to infrastructure.

Applications will be posted on January 3, 2022. Submission deadline is February 18, 2022.

 https://business.delaware.gov/site-readiness-fund/

 

 

 

The Transportation Infrastructure Investment Fund is established to provide economic assistance for renovation, construction, or any other type of improvements to roads and related transportation infrastructure in order to attract new businesses to this state, or expand existing businesses in this State, when such an economic development opportunity would create a significant number of direct, permanent, quality full-time jobs.

TIIF Website

 

 

Are you opening or moving your business to Delaware? Is your current business expanding? Have you added new employees in the last few years, purchased equipment, purchased or improved land or buildings, remodeled your office or entered into a new lease?   There are many ways to enhance your business that qualify for the Delaware Economic Development tax credit, and you may be able to qualify with or without the addition of employees.  Faw Casson has been getting this credit for their clients for over 20 years.  They are well versed in navigating the paperwork and seamlessly guiding their clients through the audit process.  Currently their clients have received over $13,000,000 in tax savings.  Let them help you assure you receive every tax dollar YOU’VE earned. 

New Jobs Creation Credit