Delaware

EDGE Grant Competition Opens

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Edge small business winners

EDGE winners from 2024 celebrate their grant awards

The Delaware Division of Small Business opened the next round of our Encouraging Development, Growth and Expansion (EDGE) Program. Applications will be accepted August 1 – Friday, August 30, 2024, at 4:30 p.m.

EDGE is a competition for grant funding. Five STEM-based companies can each receive up to $100,000 for eligible expenses while five Entrepreneur Class (non-STEM) businesses can each receive up to $50,000. Since its launch in 2019, DSBA has awarded over $6 million in grant funds to 100 businesses throughout the state.

Eligible businesses are those that have been in operation for less than seven years and have 10 or fewer full-time employees.

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Businesses who have applied for EDGE grants in the past who still meet the requirements, are strongly encourage to apply again In fact, many of the awardees are applicants from previous rounds.

While the main goal is to secure grant funding, DSBA has also heard time and time again from awardees and applicants how the EDGE Grant Competition process allowed them to form, and better understand, their business plan.

In the Milford area, previous EDGE Grant awardees include EZY Venture in Harrington, Dolce Bakery and Coffee Shop in Milford, Brimming Horn Meadery in Milton, The Berry Patch in Lincoln, My Sister’s Fault in Milford, Studio B in Milford and G&R Campground in Houston.

Learn more about the EDGE grant and how to apply by visiting DSBA online.

 

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