EDGE (Encouraging Development, Growth and Expansion) grows Delaware’s economy by providing funding to promising early-stage businesses to level the playing field against larger, more established competitors.
The business can spend the money on expenses that help improve the company’s long-term chances of success, such as a marketing campaign to help acquire more customers or purchasing a needed piece of equipment that can increase production capacity.
Since EDGE launched in 2019, almost $1.5 million has been awarded to 20 promising Delaware small businesses in industries ranging from wearable technology to agribusiness to craft brewing.
EDGE Round 3 is open for applications through April 30, 2021 at 11:59 PM.
This company purchases and renovates single-family homes in Wilmington which it leases to nonprofits and governmental entities to house families in need of housing and supportive services. It will use the grant to purchase and renovate additional homes.
This company makes an extremely fast-charging and safe battery, which can enable a less than 10-minute charge for E-mobility applications, such as enabling an electric vehicle to go 200 miles on a 10-minute charge. 2M will use the grant to scale up production to meet customer demand.
This company is focused on commercializing binder-free carbon nanotube sheets made using its proprietary processes. The sheets are superior filtration/separation membranes and electromagnetic interference shielding material for a host of industries including bioprocessing, defense, consumer electronics and automotive. The company will use its grant to acquire additional lab equipment and for marketing.
This company is developing sustainable products from biomass, such as that which is produced in beer manufacturing. It will use the grant to scale up its chemical process, increase production capacity and attract larger commercial customers.
This company developed a way of integrating sensors into textiles that can be used to monitor a patient during physical rehabilitation. It will use the grant to scale up manufacturing to increase production and expand applications.
This company developed a hydrogel-based system that allows the body to absorb pharmaceuticals more efficiently. It will use its grant for critical equipment for R&D services for pharmaceutical companies and to conduct toxicology studies.
This woman-owned business operates a successful blow out-bar in Greenville called Blo Blow Dry Bar. It will use the grant to move to a larger space which will enable it to expand its staff and serve more customers.
This woman-owned business installs commercial signs and awnings in southern Delaware and on the Eastern Shore of Maryland. It will use the grant to purchase a second bucket truck to better meet demand for the company’s services.
This minority- and woman-owned business plans to open a home-style, soul food restaurant in downtown Dover. The owner already sells her food at the city’s weekly farmers market. She will use the grant to help build a commercial kitchen in the building she plans to use for her restaurant.
This woman-owned business develops medical simulation equipment to train healthcare professionals. It will use the grant accelerate its efforts to market its products to hospital systems across the U.S.
This woman-owned business processes industrial hemp and extracts CBD oil. It will use its grant to purchase the equipment it needs to extract and process the oil at scale, helping it to meet the growing demand for this product.
The company is developing a hybrid, non-GMO variety of wheat which may help ease the world’s shortage of the grain. It will use the grant for achieving two milestones critical for launching seed production.
The company uses light (photobiomodulation) to treat diseases and injuries affecting the brain. It will use the grant to complete a preliminary study to investigate the technology as a possible treatment for Parkinson’s disease.
This spin-out company from the University of Delaware is using a new class of hydroxide exchange membranes to power zero-emission fuel cell electric vehicles. It will use the grant to rent larger laboratory space and market to potential new customers.
The Delaware Division of Small Business, part of the Delaware Department of State, is a service-focused agency committed to supporting businesses starting and growing in Delaware. Small businesses can reach out to the Division for assistance in connecting to the resources and advice to succeed. The Division is a champion for Delaware small businesses and is here to help take companies to the next level.