Delaware
Governor Meyer and DSB Announce EDGE 2.0 Winners – State of Delaware News
EDGE Winner Group Photo: EDGE 2.0 Winners – front row (l to r) NFN Brain Connections (2), KiposTech, Jupiter Modern Market. Back Row (l to r) Prismm (2), Lectrolyst, KiposTech, Crystron (3), Director CJ Bell
Newark, Del. – It was an evening of celebration and excitement as Governor Matt Meyer, and the Delaware Division of Small Business (DSB) announced the winners of the EDGE 2.0 Grant Competition. EDGE, the Division’s flagship pitch and funding competition, stands for Encouraging Development, Growth and Expansion.
Seven awards totaling an enhanced allocation of $1.15M dollars, were presented to Delaware small businesses in a ceremony at the Audion at the University of Delaware’s STAR Campus Wednesday evening. Seventeen companies pitched their projects to an expert panel of judges in late October in two categories: Nine in Entrepreneur and eight in STEM.
The winners for the Entrepreneur category are Insight Ag Scouting (Wyoming), Juniper Modern Market (Milton) and NFN Brain Connections (Dover).
The winners in the STEM category are Crystron Technologies (Wilmington), KiposTech (Newark), Lectrolyst (Wilmington), and Prismm (Newark).
Three of the eight STEM finalists also competed for $1M dollars in federal funding, as part of a special bonus round in this year’s competition. Prismm is the recipient of that award which comes in the form of a direct investment through the Delaware Accelerator and Seed Capital Program (DASCP). DASCP is one of three programs providing funding to small businesses under the federal State Small Business Credit Initiative (SSBCI) administered by DSB.
“EDGE 2.0 winners are turning ideas into paychecks and pride across our state, hiring Delawareans, investing in equipment, and keeping opportunity close to home,” said Governor Matt Meyer. “Delaware is a state of neighbors, and we will keep clearing the path for these entrepreneurs with practical support, fast service, and accountability. From shops and farms to labs and kitchens, their success strengthens every community.”
EDGE 2.0 is an expansion of the Division’s program which launched in 2019. EDGE 2.0 still features two established tracks – Entrepreneur and STEM – applies to businesses in operation for less than 7 years and requires a 3:1 funding match and for more than 50% of the company to be located in Delaware.
But there were extensive changes designed to take the program and small businesses to the next level. They included: more funding: $1.15M total available dollars (up from $750K in prior rounds) – $400K available for Entrepreneur (60% increase) and $750K for STEM (50% increase), a new online submission process, no set number of winners, no set amount awarded to each one, eligibility expansion to businesses with 15 or fewer full-time employees, having under $700K in assets, and finalists and awardees receiving additional post-pitch in-kind services and/or award supports. These supports will include memberships to networking organizations and expedited pathways to DSB funding programs and more.
“We wanted to enhance the ability of small businesses to not just get funding, but to receive practical support and tools to help them scale in way that will provide a foundation for longevity,” said DSB Director, CJ Bell. “These companies are the best of the best applicants and I’m excited to see where they go from here.”
Including this round, EDGE has supported 127 small businesses by distributing a total of $9.1 million in grant funds since its inception. This includes 83 businesses in New Castle County, 27 in Kent County, and 17 in Sussex County.
“We are thrilled to help these businesses expand and growThese seven businesses are joining an elite group of entrepreneurs,” said Secretary of State Charuni Patibanda-Sanchez. “Small businesses enhance economic diversity in our state by helping create new industries, jobs and markets. When small businesses thrive, we all thrive.”
EDGE is conducted twice a year. Grants are awarded through an extremely competitive selection process. After thorough internal review, finalists are selected to pitch their proposals to an outside expert panel of judges, who recommend whether to fund them and at what level. In August, 179 businesses applied for funding. Of those, 136 were in the Entrepreneur category and 43 in the STEM category.
Since 2019, more than half (53%) of the 127 awardees have been either woman, minority, or veteran-owned small businesses. Another 14% have been both women and minority owned, and 16% fall into more than one additional categories previously listed.
This was the twelfth round of the program. To learn more about EDGE visit de.gov/edge!
Entrepreneur Awardees:
Insight Ag Scouting (Wyoming) – $75,000
Insight Ag Scouting is a crop and field health monitoring company that uses advanced technology such as drones, sensors, and data analytics to assess crop health, pest infestations, soil conditions, and other key factors. EDGE grant funding will be used to support their growth and expansion plans through the purchase of soil sampling and necessary transportation equipment.
Juniper Modern Market (Milton) – $125,000
Juniper Modern Market is a community-based gourmet grab-and-go cafe, grocery and marketplace planning to open in downtown Milton, January 2025. The company will use EDGE funding to purchase commercial-grade equipment systems including coolers, ovens, grab-and-go hot equipment, a dishwasher, juicer, espresso machine, and extra ovens.
NFN Brain Connections (Dover) – $200,000
NFN Brain Connections works with individuals to restore confidence, focus, and mental balance. Many of those served come to them after experiencing a concussion, brain fog (i.e., Menopause), or early signs of memory loss. EDGE funding will be used to support its office expansion needs, including establishing a larger location in Dover, the purchase of technology infrastructure, the development of an online hub for clients and families, and website upgrades.
STEM Awardees:
Crystron Technologies (Wilmington) – $ 162,500
Crystron produces advanced battery materials and are on the edge of commercializing a breakthrough Cathode Active Material (CAM) for the Lithium-ion batteries. The company reports that its CAM eliminates 65% of current manufacturing steps, reduces energy consumption and emissions by 80%, lowers production cost by 40%, generates no waste, and consumes no water. The company will use its EDGE funding to take its prototype to market by enhancing production capacity, building a larger prototype, and expanding its testing infrastructure.
KiposTech (Newark) – $300,000
KiposTech is a Delaware-based agri-tech startup pioneering next-generation poultry biosecurity. Its flagship innovation, KiposPro, is a patent-pending “plasma bazooka” that uses ionized gas, to continuously eliminate airborne pathogens, dust, and ammonia inside barns 24/7, without filters or chemicals. EDGE funding will be used to take its machine from pilot to production – supporting manufacturing setup, on-farm validation, and safety certification.
Lectrolyst (Wilmington) – $162,500
Lectrolyst uses its innovative “electro-agriculture” technology to convert CO2 waste into valuable chemical products including acetate which then gets fed into precision fermentation for protein products. The company reports that this process enhances solar-to-food efficiency by 4x, reduces land use by 88% and reduces fertilizer use by 60% making it a sustainable alternative for producing fermented proteins, pharmaceutical ingredients, and vertical agriculture. Lectrolyst will use its EDGE grant funds for equipment, materials and testing to optimize its electrochemical stack systems for incorporation into the new containerized systems, and for designing, building and testing a new stack/assembly system.
Prismm (Newark) – $1,000,000 SSBCI/$125,000 EDGE
Prismm is a Delaware-based fintech SaaS company that has built a transaction-enabled digital vault to help banks, credit unions, and wealth managers simplify and automate the inheritance process, so assets transfer seamlessly. The company’s platform automates beneficiary mapping, pre-onboards heirs, and enables compliant transfers upon verification of death. SSBCI and EDGE funds will be used to expand its team, complete technical integration of its platforms, and also for marketing.
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The Delaware Division of Small Business (DSB) is a service-focused state agency, within the Delaware Department of State, that is committed to helping businesses start and grow in Delaware. Our Regional Business Managers can help you navigate government processes, connect with partner organizations that offer resources to small businesses and identify opportunities to access capital. DSB also oversees the Delaware Tourism Office and Office of Supplier Diversity.
Media Contact
Andrea Wojcik
Division of Small Business
O: (302) 672-6802; C: (302) 554-0060
andrea.wojcik@delaware.gov
Is Your Child Ready to Stay Home Alone? Summer Safety Guide
As summer vacation approaches, many parents wonder if their children are ready to stay home alone. Here are some recommendations to help you decide.
Delaware child care has been a fixture of this budget season.
Gov. Matt Meyer pitched some $50 million toward early education in his proposed budget for next fiscal year. It included an $11.3 million federal grant to bolster systems, $8 million to pilot statewide hubs – and the largest piece in $25.3 million to boost Purchase of Care, or state-subsidized child care.
That line item proved a major talking point during a public health budget hearing in Legislative Hall on Monday, March 2, while connecting to broader visions for early childhood reform.
As it turns out, Delaware’s subsidized child care program in particular was already due to shoulder federal requirement changes dating back to the Biden administration. And those changes, effective April 1, could cost the state about $25 million to keep up.
That morning, lawmakers were briefed by the Delaware Department of Health and Social Services for more than three hours, before well over 50 public comments stretched late into the afternoon. Topics ranged from at-home care and centers supporting Delawareans with disabilities, to the ongoing strain of child care.
New Health Secretary Christen Linke Young said the Trump administration might drop these coming changes to pay providers based on child enrollment, before they’re effective.
And for Delaware, she would agree with that call.
Boosting Delaware child care, one way or the other
Purchase of Care is one program helping lower-income Delaware families – or those making below 200% of the federal poverty level, as of yet – afford care at various child care outfits across the state. Delaware pays those providers directly, around the end of the month, based on how many days these children attended.
Federal requirements could force states to change that.
Delaware would have to pay providers at the top of the month, based on their overall student enrollment, regardless of attendance. Young told lawmakers that would cost around $25 million each year, if requirements are not rescinded by the Trump administration.
It would mean more money for providers, she said, though also harsher policy needed around attendance expectations.
“If the federal government does change the rules, we need that full amount to shift to enrollment,” she said, addressing the Joint Finance Committee dais. “If not, our intention is to use it for increased eligibility.”
In other words, the administration hopes to invest about $25 million into this bucket either way. However, the health secretary said paying based on enrollment isn’t her recommendation.
Young told lawmakers the administration would rather see that amount infused into the program to expand eligibility to 250% of the federal poverty level. So, picture a family of three making roughly $80,000 would make the cut. No changes were proposed to co-payments or special education tiers.
This was met with mixed reviews.
“I’m sure some folks are going to have something to say about that,” cautioned Sen. Trey Paradee, committee chair.
For her part, Jamie Schneider was already editing her remarks in real time.
“Comments today suggested providers want to keep attendance-based payments instead of moving to enrollment-based payments,” said the interim executive director for Delaware Association for the Education of Young Children, representing some 900 early care providers. “That is inaccurate and I hope it’s a misunderstanding.”
Schneider welcomed the enrollment model, with “clear rules” to hold both providers and parents responsible. She and a handful of other speakers still also reinforced the necessity in bolstering the Purchase of Care program, from accessibility to reimbursement rates.
Some lawmakers hesitated on shifting away from enrollment boon for providers, while others pushed for attention on the benefits cliff. Meanwhile, child care became an economic discussion.
Is Delaware child care everyone’s business?
Some lawmakers did not care for this price tag, either way.
“So, there’s $25 million that will be saved because of this non-change, and you’re going to expand the program?” Sen. Dave Lawson posed to Young, while expressing concern for taxpayer dollars.
The secretary quickly turned to economic impact.
“Child care is expensive,” she said, in a portion of her remarks. “It is keeping people out of the workforce. It is posing an enormous burden on families and keeping them from making choices that they want to make, to participate in the economy, or to drive change.”
The Rodel Foundation released survey data in fall 2025 that would buttress these claims. The nonprofit is focused on public education and policy, with early childhood education as one pillar. At a glance:
- About 92% of Delaware employers surveyed said child care challenges are hurting their employees, while some 76% reported such problems directly impact their business operations.
- About 1 in 4 caregivers said they considered leaving Delaware because of child care challenges.
- 1 in 3 employers cited productivity declines, lost hours or services and staff turnover.
- 2 in 3 have seen their employees miss work, reduce hours or report absences at least monthly.
- For parents, 1 in 3 reported turning down a job or promotion, cut hours or left work to meet child care demands.
“The cliff is real for me,” Sen. Eric Buckson said. “It disincentivizes individuals to climb out, and I’ve seen it work against folks.”
Purchase of Care’s “graduated phase out” level – often referred to as the “benefits cliff,” when eligibility runs up – would remain at 300%, according to DHSS budget documents and hearing remarks. It was unclear Monday if it would be solidified in more years to come.
There is a long runway ahead.
Untangling a bigger picture for Delaware child care
Sometimes Lt. Gov. Kyle Evans Gay describes the state of Delaware’s early childhood education system as the backside of an average desk. Tangled wires trace down the wall, with various colors and knots headed toward different outlets.
She’s been tapped to help straighten it up.
Named chair to the Interagency Resource Management Committee last year, Gay has overseen several Delaware departments as they centralize on early education. Those are state departments like Health and Social Services, Education, Services for Children, Youth and their Families and more.
The cross-agency group – with cabinet secretaries, agency leadership, lawmakers and the Delaware Early Childhood Council – landed a $11.3 million preschool development grant. Gay sees this next year ahead as setting the stage.
“That will go to projects in each of the agencies, as well as projects in my office,” the lieutenant governor said.
“And truly, with that money, we are building that investable system so that we can have information, including data about how to better serve Delawareans. We’re going to be building local infrastructure so that we can make sure that providers, educators, parents, have resources at their local levels.”
The former state senator and longtime advocate on child care issues sees a north star of early education as a universal, public good.
“But that’s an incredibly large project,” she said. “And it’s a big change from how we traditionally think about birth through 5.”
From exploring finance models to connecting public and private partners, this could be one step in that direction.
DDOE’s Office of Child Care Licensing has also been working to digitize electronic record systems to elevate the office’s public database, while tracking compliance and investigating complaints across Delaware’s licensed providers. A combined $2.4 million was pledged to make it happen, in the last two years, and it’s highly anticipated, Gay said.
The “Delaware Early Childhood Care & Education Alliance,” or likely hubs to the north and south, may also land an $8 million infusion to work across area providers and assist the state in expanding child care access, as outlined in the governor’s proposed budget.
A budget hearing on public education should bring more on that, Tuesday, March 3.
Got another education tip? Contact Kelly Powers at kepowers@usatodayco.com.
This story was produced by Spotlight Delaware as part of a partnership with Delaware Online/The News Journal. For more about Spotlight Delaware, visit www.spotlightdelaware.org.
A Delaware law passed last year in the wake of escalating assaults on the state’s corporate brand shielded powerful company leaders from facing certain lawsuits brought by smaller investors.
What it didn’t do was violate the Delaware Constitution, the state Supreme Court ruled on Friday, Feb. 27.
More than three months after hearing arguments, the justices ruled that the corporate law reform – known as Senate Bill 21 – did not strip Delaware’s prominent Court of Chancery of its constitutional authority to decide when a business deal is fair.
“The General Assembly’s enactment of SB 21 falls within the ‘broad and ample sweep’ of its legislative power,” the justices stated.
The ruling ends a bruising fight in Delaware over when the state’s business court should allow small-time investors to interrogate insider deals struck within companies by founders or other business leaders.
The ruling also averts what could have been an embarrassment for the state’s legal and political establishment had the high court overturned the law.
More than a year ago, Tesla CEO Elon Musk — the world’s richest person — was calling on business leaders to move their companies’ legal homes out of Delaware. Musk had launched the campaign, which became known as “DExit,” after a Delaware Chancery Court judge ruled that he could not accept a multibillion-dollar pay package from Tesla.
Just as the campaign appeared to be gaining a foothold, Gov. Matt Meyer, legislative leaders, and Delaware attorneys who represent corporations threw their collective heft behind SB 21.
They argued then that the legislation amounted to a “course correction” that would bring the state’s business courts back into alignment with rulings from a decade ago. Many also said the bill was needed to pacify executives who were considering following Musk’s calls to move their companies’ legal homes out of Delaware.
In response, a cadre of critics — which included national law professors, pension fund attorneys, and a handful of progressives within the Delaware legislature — derided SB 21 as a “billionaires bill.”
Some also argued that the legislation was the latest in a string of recent changes to Delaware corporate law that have shifted the state away from protecting shareholder rights and toward giving greater deference to powerful executives.
Meyer and others SB 21 supporters rejected those characterizations last year. And on Friday, he celebrated the Supreme Court’s ruling.
In a statement, he said the decision affirms that “Delaware is the gold standard locale for global companies to do business.” He also stated that the number of companies that maintain their legal home in Delaware had increased throughout 2025 despite the DExit campaign.
“In short, SB 21 is working, and I’m glad it will continue to be the law,” Meyer said.
The legal arguments for SB 21
When arguing against SB 21 in front of the Supreme Court last fall, one attorney asserted that the new law removed the Chancery Court’s time-honored and constitutional duty to say what is fair – or equitable – in a business dispute.
The attorney, Gregory Varallo, argued that by removing a shareholders’ ability to sue their company, the law reduced what he described as the immutable power of the Court of Chancery to oversee a “complete system of equity.”
During his arguments, Varallo also offered the justices an unusual acknowledgement, stating that he knew that his stance was unpopular — and that he understood “well the pressures on this court.”
The comments were a likely reference to the consensus of big business groups and the state’s political establishment that believed SB 21 was necessary for Delaware to remain the world’s preeminent corporate domicile.
Following Varallo, Washington, D.C.-based attorney Jonathan C. Bond defended SB 21, in part, by characterizing his opponents arguments as unprecedented. If adopted, he said they would imperil several existing Delaware laws that go back decades.
He also argued that changing the rules of corporate law – as SB 21 did – “is the same as wiping out jurisdiction merely because it makes some plaintiff’s claims harder.”
Also arguing in favor of SB 21 during the hearing was William Savitt, an attorney with the Wachtell, Lipton, Rosen & Katz – among the most prominent corporate law firms in the country.
Last spring, Meyer hired Savitt’s firm to represent the state in the legal defense of SB 21 for a budget rate of $100,000. By comparison, Wachtell Lipton charged Twitter $90 million in 2022 to ferry that company through its arduous, four-month-long acquisition by Elon Musk.
Wachtell’s client list also includes Mark Zuckerberg and other Meta executives and board members, who last summer settled a seven-year-long, multibillion-dollar shareholder lawsuit in the Delaware Chancery Court.
During his arguments on SB 21, Savitt said equity as determined by judges must follow the statutes created by the legislature, and “not displace the law.”
“No natural reading of the words (of the Delaware Constitution) support plaintiff’s position,” he said.
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What to do if you come across a serious car accident
Here is some information about what to do if you come across a serious car accident.
State police identified 29-year-old Brian Silva of New Castle as the victim of a fatal motorcycle crash in Wilmington.
Silva was riding a Harley-Davidson northbound on Dupont Highway approaching Millside Drive in Wilmington around 3:30 p.m. on Feb. 27 when it collided with the rear of a stopped Lexus at that intersection, police said. Silva was ejected from the motorcycle. He was taken to the hospital, where he died.
Delaware State Police are still investigating this incident, and anyone with information is encouraged to reach out to them or to Delaware Crime Stoppers.
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