(Photo via 401kcalculator.orgvia Flickr)
Good news for emerging businesses in Kent County: STEM companies that are awarded a $100,000 EDGE Grant will receive an additional $10,000 from the county, and recipients of the $50,000 entrepreneurship EDGE Grant will receive $5,000, according to the Delaware Division of Small Business.
— Delaware Division of Small Business (@delbiz) August 27, 2019
The additional grants are available only to recipients based in Kent County.
The EDGE (which stands for Encouraging Development, Growth & Expansion) Grants will be distributed as a three-to-one state match in funds spent on growth necessities, including advertising, marketing analysis, construction/renovation, equipment, web design, lab space and rent. Ten grants may be awarded per application round.
The first round of EDGE grant applications were due in June, with 16 finalists announced in August. The final awardees will be announced in September — which is also when the next round of applications opens.
Three of the finalists appear to qualify for the additional Kent County award: Ezy Venture of Harrington, Qua Marketing of Magnolia and Tomeka’s of Dover.
Here’s the second batch of EDGE Grant awardees
Zip Code awarded $100K grant to help small businesses become hiring partners
Village Capital cofounder Victoria Fram is the first guest on ‘Off the Sidelines,’ our new investor education podcast
Technology is ever evolving — shouldn’t business education be, too?
FAME’s new initiative puts the focus on developing the workforce locally
Rehoboth-based Boobalicious’ products are now sold on Amazon Prime
VC report: Delaware deals fall to $6M in Q3
Packed with growth opportunities, WSFS Bank moves into Philly
Sign-up for daily news updates from Technical.ly Delaware