Starting Tuesday, businesses related to saltwater fishing that suffered severe revenue declines in 2020 due to the pandemic can find relief through the Delaware Department of Natural Resources and Environmental Control.
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Starting Tuesday, businesses related to saltwater fishing that suffered severe revenue declines in 2020 due to the pandemic can find relief through the Delaware Department of Natural Resources and Environmental Control.
Until March 17, businesses that experienced a greater than 35% decline in net revenue March 1-Dec. 31, 2020, compared to their historic average net revenues, can apply to receive funds from the 2021 Consolidated Appropriations Act.
For companies in operation less than five years but for at least one full year during 2015-19, the net revenue loss during the COVID-19 impact period will be compared to the business’s average annual net revenue for its years of operation.
The maximum amount of funding distributed to an individual fishery-related business will depend on the number of applicants and the amount requested by each, relative to total available funding, with a minimum award of $100.
The application and additional information are available here or 302-739-9914.
