Delaware LIFT. What it is.

Limited Investment for Financial Traction. A loan program designed to help Delaware small businesses improve cash flow, expand and become financially sound.

Why LIFT?

The latest SBA figures show that 93.5 percent of Delaware's businesses are classified as small businesses, employing over 48 percent of Delaware's workforce. Additionally, the latest SBA profile notes that "Delaware's small businesses created all of the state's net new jobs..." Delaware's small businesses remain the catalyst for our economic revitalization and the backbone of Delaware's economy. We must build on new ideas, recognizing that if there is growth to be had, it will happen within small business.

On April 20, 2009, Gov. Jack Markell announced the Small Business Limited Investment for Financial Traction program that will help small businesses survive the current economic downturn and get Delawareans back to work.

LIFT will:

• Revitalize Small Businesses by providing working capital support
• Reduce costs for small businesses to allow them to maintain employment
• Penetration in all three Delaware Counties