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Industry News

SBA’s Fleming aims to increase support for formation of new businesses in Delaware

With a business-friendly legal environment and a responsive state government, Delaware is a great place to incorporate a company.

With a business-friendly legal environment and a responsive state government, Delaware is a great place to incorporate a company.

John Fleming was named director of the U.S. Small Business Administration's (SBA) Delaware District Office in July. Since then, he has sought to expand the agency's impact in the state by deepening connections with public- and private-sector stakeholders and raising awareness of the SBA's programs.

The News Journal recently highlighted a key aspect of Fleming's strategy for meeting these goals: the adoption of an "open door" policy, which he says should encourage business owners and aspiring entrepreneurs, as well as the agency's partners, to take full advantage of the opportunities that are available to them in Delaware.

"I want to make sure that everyone, whether a lender with technical questions on how to make an SBA loan or an entrepreneur needing help accessing capital, technical assistance or navigating federal government contracting, knows that SBA's Delaware District Office staff is just a phone call or email away," Fleming said.

Having been with the SBA for more than 20 years and served as deputy district director for the Delaware office prior to assuming his current role, Fleming is widely regarded as well positioned to make an impact, according to the News Journal's Cori Anne Natoli.

In a press release announcing the selection of Fleming to head the agency's Delaware office, Mid-Atlantic Regional Administrator Natalia Olson-Urtecho said that the new director's "expertise in SBA's program operations, as well as his community ties, allow him to create a dynamic and meaningful connection between our region's small business people and SBA resources."

Incorporating in Delaware lays a strong foundation for a growing company

SBA programs can play a key role in helping a new company get off the ground and statistics indicate that Delaware is one of the best places in the country to incorporate a business. The First State provides a stable legal home to more than 1 million entities, including more than half of all publicly traded U.S. companies and about 64 percent of the Fortune 500.

With federal officials working to bolster their support for business formation in the state, Delaware will continue to provide a business-friendly environment to entrepreneurs and established companies in all sectors of the economy.

"I know the positive impact that the agency's programs and services can have on the small business community," Fleming told the News Journal, adding that he will remain "committed to helping Delaware's small business people make the most of the SBA resources" that are available to them.

Just last week, the agency hosted a conference in Wilmington focused on "maximizing entrepreneurship" and "driving innovation" through collaborative relationships between stakeholders in different geographic areas and economic sectors.

For more information about the opportunities available through the SBA in Delaware, interested parties should check the agency's website or visit the SBA's Delaware District Office on North Orange Street in Wilmington.