Access to funding is one of the things that most startup and early-stage small businesses say is one of the most critical needs they have. The Delaware Division of Small Business (DSB) is helping many overcome this hurdle through its Encouraging Development, Growth and Expansion (EDGE) Program.

The first round of the 2024 EDGE Grant Competition opens Feb. 1. To help potential applicants prepare, the Delaware Division of Small Business (DSB) is hosting an informational webinar.

It will be held Jan. 22nd at 10 a.m. Registration is required, so go to de.gov/edge , or scan the QR code in the attached flyer to sign up!

EDGE is a competition for grant funding. Five STEM-based (science/tech/engineering/math) 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 the program launch in 2019, DSB has awarded $7.25 million to 110 small businesses!

To be eligible to apply for the EDGE competition, your small business must have been in operation for less than seven years and have 10 or fewer full-time employees (calculations exist for part-time employees).

As you get started, you are encouraged to connect with a Regional Business Manager in your county for guidance and feedback on your application.