GW Link

Find Nonprofit and Small Business Grants

Advance Search

Only Available for Paid Subscribers
Clear Filters
Search Filters

Encouraging Development, Growth and Expansion (EDGE) Grant

Grants to Delaware STEM and Non-STEM Small
Businesses for Expansion and Development

Agency Type:

State

Funding Source:

Add to My Calendar 

Delaware Division of Small Business (DSB)

Deadline Date:

10/11/19 Before 12:00 AM

Description:

Request a Grant Writer

Grants starting at $50,000 to Delaware small business to help them develop, expand, and grow. Funding is intended to enable both STEM-based businesses and non-STEM (entrepreneur class) companies to access capital for job creation, development, and revenue growth. Grant funding must be used to expand a business's viability and sustainability.

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

Grants may be used for:

  • Market analysis assistance
  • Advertising assistance
  • Building infrastructure/cosmetic enhancements
  • Essential equipment
  • Web site design
  • Rent assistance for lab space

GrantWatch ID#:

GrantWatch ID#: 185995

Number of Grants:

The Division can provide up to 10 grants per application round (5 STEM/5 Entrepreneur).

Estimated Size of Grant:

STEM-based companies can receive up to $100,000 for eligible expenses. Entrepreneur Class (non-STEM) businesses can get up to $50,000.

Additional Eligibility Criteria:

Qualified small businesses must:
- Have been in operation less than 5 years
- Employ 10 people or fewer
- Be majority located in Delaware
- Have not received a previous DE Strategic Fund grant

A non-Delaware company may apply on the condition that it would relocate at least 51% of its business (employees and real property) to Delaware if awarded a grant. That relocation would need to take place before any funds would be disbursed.

Part-time employees count as ½ employees for the purposes of the limit. Full-time employees count as 1. Any employee working fewer than 10 hours per week or fewer than four months per year does not count toward the employee limit.

Applicants that have not yet formed their business are eligible to apply as a sole proprietorship.

Pre-Application Information:

Applications for the first round of funding are due before 12:00 AM on October 11, 2019.

Finalist are announced approximately six to eight weeks after an application round closes with the grantees chosen in the following weeks.

The funds are provided as a $3 (state) to $1 (business) match. Cash, equipment or any non-state/local-government grants may be included as part of the match provided they are sufficiently tied to the project for which the company is seeking EDGE funding.

Business Resource Managers are available as guides. Businesses not awarded funding can receive consultation before reapplying.

Contact Information:

Before starting your grant application, please review the funding source's website listed below for updates/changes/addendums/conferences/LOIs.

Completed applications for EDGE Grants may be submitted to:
business_finance@delaware.gov

Should you have questions as you fill out the application, please contact the Division of Small Business at business@delaware.gov or 302-739-4271.

Delaware Division of Small Business
99 Kings Highway, Dover, DE 19901
(302) 739 4271
business@state.de.us

URL for Full Text (RFP):

Geographic Focus:

USA: Delaware