New Incentives Underway For Starting A Business In Salisbury - 47 ABC - Delmarva's Choice

New Incentives Underway For Starting A Business In Salisbury

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SALISBURY, Md. - There are some new incentives on the way for those looking to own a business in Salisbury.

In Tuesday's city council public hearing, council members discussed a "Veterans Procurement Preference."

Under the program, certified veteran-owned small businesses compete for contracts alongside other businesses, and will get preference for the contract depending on certain qualifications. The veteran-owned small business will be awarded the contract as long as their bid does not exceed the lowest bid by more than seven percent. For service-disabled veterans looking to open a business, their bid can not exceed the lowest bid by more than eight percent.

A second incentive proposal would benefit business owners who also choose to relocate to Salisbury. City Council President, Jake Day, says he is hoping to implement a "tier" system, that will offer the highest preference to those who start a business in Salisbury, and a lower preference the further the business is from the city.

Day says the council work on the plans further at next week's work session, and vote on the incentives again at their following council meeting.

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