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Division of Small Business

EDGE Grants



Encouraging Development, Growth & Expansion

The EDGE Grant program gives qualified small businesses in Delaware an edge by offering access to significant capital like never before. 

Download Application

Applications for the first round of funding are due June 14, 2019.

 

 

Grant Overview

The Division of Small Business awards EDGE Grants through a competitive selection process. STEM-based companies can receive up to $100,000 for eligible expenses. Entrepreneur Class (non-STEM) businesses can get up to $50,000. The funds are provided as a $3 (state) to $1 (business) match. And the Division can provide up to 10 grants per application round (5 STEM/5 Entrepreneur).

 

 

Who Is Eligible*

Qualified applications must:

  • Have been in operation less than 5 years
  • Employ 10 people or fewer
  • Be majority located in Delaware
  • Have not received a previous Strat Fund grant
Award Criteria*

Applications will be judged by a panel of experts on:

  • Business need case
  • Competitive advantage gained
  • Business viability and likelihood of permanence
  • MWVBE status of business owner
  • Business location (DDD and/or Opportunity Zone)
  • Job creation/revenue growth
Eligible Expenses

Grant funding must be used to expand a business’s viability and sustainability, specifically:

  • Market analysis assistance
  • Advertising assistance
  • Building infrastructure/cosmetic enhancements
  • Essential equipment
  • Web site design
  • Rent assistance for lab space
*Other conditions and qualifications may apply

 

Download One-Pager

 

Looking for help?

Contact one of the Division’s Business Resource Managers for assistance with your application.





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