Minority Business Development Program
The Minority Business Development Program (MBDP) has been created to provide financial and technical assistance to qualified small neighborhood businesses in the City of Wilmington.
The initiative is available to new ventures as well as existing businesses which are located in targeted neighborhood areas.
The MBDP offers financial assistance to improve the economic viability of the applicant’s business enterprise. Funding, in the form of affordable loans, can be used for working capital; building acquisition; the purchase of fixed assets, supplies and equipment; engineering, architectural and legal assistance; new construction and renovation; inventory; commercial liability insurance; security systems; and advertising and marketing.
The applicant must be current in the payment of all City of Wilmington taxes and fees.
Technical assistance is made available as well, in order to enhance the applicant’s business knowledge and skills and to create a better working and business environment in order to improve efficiency and competitiveness.
Contact Economic Development
Mayor's Office of Economic Development
Louis L. Redding City/County Building
800 N. French Street, 3rd Floor
Wilmington DE 19801
Phone: (302) 576-2120
Fax: (302) 571-4326