Deadline: 1 March 2024
The EDGE Grant program gives qualified small businesses in Delaware an opportunity to level the playing field compared to larger businesses, by offering access to significant capital.
Funding Information
- The funds are provided as a $3 (state) to $1 (business) match. STEM-based companies can receive up to $100,000 for eligible expenses.
- Entrepreneur Class (non-STEM) businesses can get up to $50,000. The Division can provide up to 10 grants per application round (5 STEM/5 Entrepreneur).
Eligibility Criteria
Qualified applications must:
- Have been in operation less than 7 years
- Employ 10 people or fewer
- Be majority located in Delaware
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
For more information, visit Delaware Government.
