EDGE Competition Reopens Sept. 1 to Benefit Small Businesses

DOVER, Del. – On the heels of a well-attended ceremony to announce winners from the Spring 2023 competition, the Fall 2023 Encouraging Development, Growth and Expansion (EDGE) application period opens Friday Sept. 1. The Delaware Division of Small Business (DSB) will be accepting EDGE grant applications from Sept. 1 through Sept. 29, from promising early-stage businesses throughout Delaware.

In advance of the competition’s reopening, DSB is hosting an EDGE informational webinar on Wed. Aug. 30 at 10 a.m. Interested persons can register through de.gov/edge. For anyone unable to participate, a recording will be placed on the web page later the same day. Additionally, DSB is hosting a companion webinar on how to use its free business analytics tool, SizeUP Delaware, to strengthen EDGE applications on Wed. Sept. 6 at 1 p.m. Registration for this webinar is also available on de.gov/edge. The web page is also where EDGE applications will be made available, starting Sept. 1.

Businesses that are less than seven years old and employ no more than 10 employees are eligible to apply for an EDGE grant.

“We’re proud to be able to offer this opportunity to early-stage small businesses,” said DSB Director Regina Mitchell. “It’s a way to help level the playing field for those that don’t have access to the same level of capital that larger businesses do.”

EDGE grants are awarded through a competitive selection process. Five STEM-based companies can receive up to $100,000 for eligible expenses while five Entrepreneur Class (non-STEM) businesses can receive up to $50,000. This round, DSB is hoping to see a greater number of STEM applications coming from Kent and Sussex counties.

EDGE is a matching grant program. DSB matches a winning business’s investment on a 3-to-1 basis. The business can spend grant funds on expenses that help improve the company’s long-term chances of success, such as a marketing campaign to help acquire more customers or purchasing a needed piece of equipment that can increase production capacity.

Applications for the competition round will be accepted until Sept. 29 at 4 p.m. After several rounds of internal scoring, finalists will be invited to pitch their grant proposals to a panel of expert judges at the end of November. Winners will be notified in early December.

“Small businesses are the backbone of Delaware’s economy” said Secretary of State Jeff Bullock. “The EDGE grants will enable small businesses that might otherwise fail, to have a stronger chance at succeeding.”

Since EDGE launched in 2019, $5.0 million has been awarded to 80 promising Delaware small businesses in industries ranging from renewable energy technology to fitness centers to restaurants. This will be the eighth round of the program since its launch.

Businesses should visit de.gov/edge for eligibility requirements, to download the grant application and to see frequently asked questions. Visit our website at business.delaware.gov to connect with a Regional Business Manager for application assistance.

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The Delaware Division of Small Business 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.


Division of Small Business to Reopen EDGE Grants Competition for Applications

DOVER, DE (August 30, 2022) – Young Delaware companies in need of funding to help expand their business can apply beginning Thursday, September 1, 2022, to compete for an Encouraging Development, Growth and Expansion (EDGE) grant from the Division of Small Business. The division will be accepting EDGE grant applications September 1 through September 30 from promising early-stage businesses throughout Delaware.

Businesses who are less than five years old and employ no more than 10 employees are eligible to apply for an EDGE Grant. The grants are awarded through a competitive selection process. Five STEM-based companies can receive up to $100,000 for eligible expenses while five Entrepreneur Class (non-STEM) businesses can receive up to $50,000.

EDGE is a matching grant program. The Division of Small Business matches a winning business’s investment on a 3-to-1 basis. The business can spend EDGE grant funds on expenses that help improve the company’s long-term chances of success, such as a marketing campaign to help acquire more customers or purchasing a needed piece of equipment that can increase production capacity.

Applications for the competition round will be accepted from September 1 through September 30 at 4:30 p.m. Businesses can visit the Division of Small Business website for eligibility requirements and to download the grant application beginning September 1. The Division of Small Business will also be hosting an informational webinar on the EDGE application process on Thursday, September 8 at 10 a.m. Small business owners interested in applying for the grant competition can register for the webinar at this link. Pre-registration is required.

“Delaware has an amazing community of entrepreneurs who stake their future on following their passion and starting their own business,” Secretary of State Jeff Bullock said. “By providing significant capital to these early-stage companies, the state of Delaware is able to help them reach their potential and show their owners that we value their efforts in starting and growing their businesses here in the First State.”

“The EDGE Grant program has been very popular with Delaware small business owners because these grants have helped promising small companies in a variety of industries reach the next level and compete with larger companies,” Division of Small Business Acting Director Regina Mitchell said. “I encourage eligible small business owners interested in the program to reach out today to one of our Regional Business Managers for help with the application process.”

One of the businesses who previously received funding is HARTLON. The company developed a bioresorbable vascular stent that is designed to eliminate pain, non-healing sores, and risk of limb amputation caused by poor blood flow below-the-knee. HARTLON was awarded a $100,000 STEM EDGE grant in the last round of funding. The company is using its grant for setting up a MedTech Scientific Advisory Board (SAB), laboratory space, manufacturing services, and demonstration of performance with a preclinical study.

“Winning the EDGE grant competition will be crucial in helping our company reach patients who can benefit the most from the life-changing healthcare technology we have developed,” said Jack Scanlon, co-founder of HARTLON. “We are grateful that the State of Delaware recognizes small, growing companies like ours and offers programs like the EDGE grant competition to help us reach our full potential.”

Since EDGE launched in 2019, $3.75 million has been awarded to 60 promising Delaware small businesses in industries ranging from renewable energy technology to fitness centers to restaurants. This will be the sixth round of the program since its launch. Finalists in this round will pitch their grant proposals to a panel of expert judges with winners announced in the winter.


Division of Small Business Awards EDGE Grants to 10 Delaware Companies

MILFORD, Del. (July 21, 2022) – The Delaware Division of Small Business recognized 10 small businesses Thursday as winners of the fifth round of Encouraging Development, Growth and Expansion (EDGE) grants. Awardees in the latest round of the competition include a company that created a resorbable vascular stent, a Puerto Rican inspired bakery, an outdoor baseball facility and a cycling studio.

Gov. John Carney and Division of Small Business Acting Director Regina Mitchell announced the companies at an event at My Sister’s Fault in Milford, one of the small businesses awarded an EDGE grant in this round.

“Through the EDGE grant program, small businesses are provided much-needed capital assistance that they may not have access to otherwise,” said Governor Carney. “The small businesses awarded a grant in this latest round represent the best Delaware has to offer, and we are excited to see how the grant funds help their businesses grow.”

Businesses who are less than five years old and employ no more than 10 employees are eligible to apply for an EDGE grant. The grants are awarded through a competitive selection process. STEM-based companies can receive up to $100,000 for eligible expenses while Entrepreneur Class (non-STEM) businesses can receive up to $50,000.

EDGE is a matching grant program. The Division of Small Business matches a winning business’s investment on a 3-to-1 basis. The business can spend EDGE grant funds on expenses that help improve the company’s long-term chances of success, such as a marketing campaign to help acquire more customers or purchasing a needed piece of equipment that can increase production capacity.

“With more than 25,000 small businesses in Delaware that employ more than half of our state’s workers and account for at least $11 billion in wages, small businesses are vital to our state’s economy,” said Secretary of State Jeff Bullock. “The EDGE grant program provides these creative, driven entrepreneurs with the capital they need to start or grow their business and reach their full potential.”

Since EDGE launched in 2019, $3.75 million has been awarded to 60 promising Delaware small businesses in industries ranging from wearable medical devices to farming to restaurants.

This is the fifth round of funding for the program since it launched in 2019. In this latest round, which opened in March, more than 100 businesses applied for funding. Fourteen finalists gave public presentations before a panel of expert judges on June 1 and 2 in Dover.

“The EDGE grant competition is driven by the creativity and innovation of our entrepreneurs. The competition allows our division to support small business owners in Delaware who are making significant scientific advancements, creating unique products, and helping strengthen their local communities,” said Division of Small Business Acting Director Regina Mitchell. “The winners in this latest round include a diverse pool of small businesses, including women, minority, and veteran business owners. Our division is proud to support these worthy small businesses and help them succeed in their efforts.”

My Sister’s Fault received $50,000 in EDGE grant funds in this round. The business will use the grant funding to purchase additional refrigeration and freezer equipment. With the expanded refrigerator space, My Sister’s Fault will be able to complete more custom cake orders, hire more staff, and extend their operating hours for special events.

“We are honored and excited to be selected as a winner of EDGE grant funding in this round,” said My Sister’s Fault co-owner Angie Robles. “Since we opened in 2017, our business has grown significantly, and our current equipment cannot keep up with the demand of our customers. The EDGE funding will allow us to purchase new larger equipment so we can continue to grow our business.”

EDGE Grant Recipients

STEM class

Carbon Reform (Newark)
Carbon Reform has developed a proprietary modular carbon dioxide (CO2) capture technology called the Carbon Capsule. The device retrofits into a commercial building’s ventilation system and is able to improve indoor air quality for occupants, create energy savings for building owners, and directly capture and repurpose tons of CO2 annually into a valuable limestone byproduct. Carbon Reform will use their EDGE Grant funding to secure the purchase of capital equipment to get them to the next stage of development, including manufacturing their first 10 Carbon Capsule commercial units.

Cosmos Pharmaceuticals (Middletown)
Cosmos Pharmaceuticals developed a solution to combat prescription medication abuse and improve individualized patient care by introducing a simple personalized medication lock called FortisKap. FortisKap, a universal pill bottle cap, secures a patient’s prescription with their unique biometric signature and tracks robust medication usage throughout the course of treatment. The company will use its EDGE grant for equipment needed to commercialize their product and for office space at the STAR campus at University of Delaware.

HARTLON (Wilmington)
HARTLON developed a bioresorbable vascular stent that is designed to eliminate pain, non-healing sores, and risk of limb amputation caused by poor blood flow below-the-knee. After a medical doctor unblocks an artery, the patented HARTLON stent is designed to be inserted into the opening to provide temporary support until the artery heals and then the stent dissolves leaving the artery in a longer lasting natural open condition. The company will use its EDGE grant for laboratory space, manufacturing services, and demonstration of performance with a preclinical study.

G-Flash LLC (Newark)
G-Flash LLC is working to bring Green Flash Chromatography (GFC®) to commercialization for the pharmaceutical industry. Flash chromatography is a method of chemical separation used to purify chemical mixtures into individual constituents. The company will use its EDGE grant funding to quickly commercialize their latest technology, as well as integrate new unit hardware and software.

Moonprint Solutions (Dover)
Moonprint Solutions is an engineering company with services that include product development, consulting, and prototype manufacturing. The EDGE grant will be used for a Computer Numeric Controlled material plotter/cutter to support prototyping and production of soft goods products. 

Entrepreneur class

Creekview Psychological Assessment (Newark)
Creekview Assessment Center is a small private group practice of clinical, school, and neuropsychologists. The business provides specialized psychological testing including, autism, psychoeducational, and disability evaluations. The business will use its EDGE grant funding to further invest in cutting edge technology for psychological test administration, marketing, and training other providers across the state of Delaware.

Enhanced Edge (Dover)
Enhanced Edge LLC is a mental health counseling derivative specializing in full spectrum mental illness treatment through Alpha-Stim, QEEG brain mapping, biofeedback, and neurofeedback. The EDGE grant will be used to make various equipment, infrastructure, and marketing advancements. The most significant advancement is a “Dry” QEEG brain scanning cap which will allow the company to triple the number of clients they can treat in a day.

My Sister’s Fault (Milford)
My Sister’s Fault is a Puerto Rican inspired bakery owned and operated by sisters Angie and Rous Robles. The bakery opened its doors in 2017 and currently has 10 employees. During the pandemic, the owners switched their operations to online orders and take-out only. Since then, the bakery’s sales have increased significantly. My Sister’s Fault will use their EDGE Grant funding to purchase new refrigeration and freezer equipment which will allow them the opportunity to complete more custom cake orders, hire more staff, and extend their operating hours for special events.

Salt Fitness (Rehoboth)
Salt Fitness is a boutique fitness cycling studio that provides a personalized experience focused on lifting one another up, developing community and relationships, tearing life walls down, full body health, high energy music, sweat drenched workouts, and having fun in a loving and supportive environment. The EDGE grant will be used to open a second studio in Milford, for advertising and instructor retention, and to finish improvements at the West Rehoboth Beach location.  

STATS Tournaments (Bear)
STATS Sports Complex LLC is an outdoor baseball facility that uses sports to encourage youth success beyond the field. What started as a tournament management endeavor has grown into a full-service facility that serves over 300 teams, hosts about 600 games, and 12 baseball tournaments annually. The business will use EDGE funding to build two grass convertible fields which will allow STATS to accommodate an additional 240 little league, high school, college, and travel baseball teams, as well as six more tournaments annually.


EDGE Grants Competition Reopens To Benefit Promising Early-Stage Delaware Small Businesses

DOVER, DE (March 1, 2022) – Young Delaware companies in need of funding to help expand their business can now apply to compete for an Encouraging Development, Growth and Expansion (EDGE) Grant from the Division of Small Business. The division will be accepting EDGE Grant applications until March 31 from promising early-stage businesses throughout Delaware.

Businesses who are less than five years old and employ no more than 10 employees are eligible to apply for an EDGE Grant. The grants are awarded through a competitive selection process. Five STEM-based companies can receive up to $100,000 for eligible expenses while five Entrepreneur Class (non-STEM) businesses can receive up to $50,000.

EDGE is a matching grant program. The Division of Small Business matches a winning business’s investment on a 3-to-1 basis. The business can spend EDGE grant funds on expenses that help improve the company’s long-term chances of success, such as a marketing campaign to help acquire more customers or purchasing a needed piece of equipment that can increase production capacity.

Applications for the competition round will be accepted from March 1 through March 31 at 5 p.m. Finalists will pitch their grant proposals to a panel of expert judges with winners announced in the summer.

“Delaware has an amazing community of entrepreneurs who stake their future on following their passion and starting their own business,” Secretary of State Jeff Bullock said. “By providing significant capital to these early-stage companies, the state of Delaware is able to help them reach their potential and show their owners that we value their efforts in starting and growing their businesses here in Delaware.”

“The EDGE Grant program has been very popular with Delaware small business owners because these grants have helped promising small companies in a variety of industries reach the next level and compete with larger companies,” Division of Small Business Director Jordan Schulties said. “I urge eligible small business owners interested in the program to reach out today to one of our Regional Business Managers for help with the application process.”

Since EDGE launched in 2019, $2.75 million has been awarded to 50 promising Delaware small businesses in industries ranging from renewable energy technology to fitness centers to restaurants. This will be the fifth round of the program since its launch.

One of the businesses who previously received funding is Elyte Energy, which uses patent-protected hydrogen technology to build a highly efficient power supply for generators and other fixed and portable devices. Elyte Energy was awarded a $100,000 STEM EDGE grant in the last round of funding. The company is using its grant to acquire laboratory space and equipment to develop a commercial prototype of its hydrogen-based system to power generators for the outdoor industry.  

“Startup companies like ours need funding if they are going to grow,” Dr. Jalaal A. Hayes, PhD, Elyte Energy’s founder and CEO said. “The $100,000 EDGE grant we received from the Delaware Division of Small Business will be crucial in helping us expand operations and build a commercial prototype to help meet our goal of making green energy available for the recreational vehicle (RV) market.”

Businesses should visit the Division of Small Business website for eligibility requirements, to download the grant application and to connect with a Regional Business Manager for application assistance.


Division of Small Business awards EDGE Grants to 15 Delaware companies

MIDDLETOWN, Del. (December 16, 2021) – The Delaware Division of Small Business recognized 15 small businesses Thursday as winners of the fourth round of Encouraging Development, Growth and Expansion (EDGE) Grants. Awardees in the latest round of the competition include a company working to alleviate phantom limb pain for amputees, a maker of easy-to-use diagnostic tests for aquaculture, an artisanal popsicle store and a supplier of home brewing materials.

Gov. John Carney and Division of Small Business Director Jordan Schulties announced the companies at an event at CrossFit Petram in Middletown, one of the small businesses awarded an EDGE Grant in this round.

“The EDGE Grant program is helping our state’s newest small businesses expand and innovate by providing much-needed capital assistance that these businesses may not have access to otherwise,” said Governor Carney. “The small businesses awarded a grant in this latest round of EDGE are creating unique solutions and products that set them apart from their competition. They represent the best Delaware has to offer, and we are excited to see how the grant funds help their businesses grow.”

Businesses who are less than five years old and employ no more than 10 employees are eligible to apply for an EDGE Grant. The grants are awarded through a competitive selection process. STEM-based companies can receive up to $100,000 for eligible expenses while Entrepreneur Class (non-STEM) businesses can receive up to $25,000.

EDGE is a matching grant program. The Division of Small Business matches a winning business’s investment on a 3-to-1 basis. The business can spend EDGE grant funds on expenses that help improve the company’s long-term chances of success, such as a marketing campaign to help acquire more customers or purchasing a needed piece of equipment that can increase production capacity.

“Small businesses are the backbone of Delaware’s economy, with over 25,000 companies that employ more than half of our state’s workers,” Secretary of State Jeff Bullock said. “The EDGE program assists these creative, driven entrepreneurs in acquiring the capital support they need to reach their full potential.”

Since EDGE launched in 2019, $2.75 million has been awarded to 50 promising Delaware small businesses in industries ranging from wearable technology to agribusiness to craft brewing.

This is the fourth round of funding for the program since it launched in 2019. In this latest round, which opened in April, more than 100 businesses applied for funding. Twenty-three finalists gave public presentations before a panel of expert judges on November 16, 17 and 18 at Delaware Tech in Dover.

“Each round of the EDGE Grants competition demonstrates some of our state’s most innovative and influential new small businesses, and this round was no exception,” Division of Small Business Director Jordan Schulties said. “The winners in this latest round include the most diverse pool of small businesses we have ever had for the competition. All of the STEM awardees and seven out of 10 Entrepreneur awardees are minority or woman-owned businesses. Our division is proud to support these worthy small businesses and help them succeed in their efforts.”

CrossFit Petram received $25,000 in EDGE Grant funds to design & construct two showers inside their gym, purchase and install an infrared sauna and purchase new athlete recovery tools including compression boots and handheld massage guns.

“My business partner and I are honored to be selected as a winner of EDGE grant funding in this round,” said CrossFit Petram co-owner Chris Townsend. “Since we opened in 2017, our customers have expressed an interest in having showers in the gym, and the EDGE Grant funding gives us the opportunity to meet this business need. With this funding, our business can expand, and our membership numbers can grow well into the future.”

 

EDGE Grant Recipients

STEM class 

TheraV (Newark)
TheraV works to transform and innovate post-amputation therapy and rehabilitation through the creation of drug-free solutions that improve the quality of life of amputees. TheraV’s leading product, TheraV ELIX, is a drug-free wearable device that applies customized mechanical stimulation to overcome phantom limb pain. TheraV will use the EDGE grant funds for product development and manufacturing, website development, office space and conference travel.

CM Materials (Wilmington)
CM Materials is a seed-stage advanced materials company paving a more efficient future of electromagnetic components such as transformers, inductors, chokes, and filters. With the funds from the EDGE grant, the company will be able to demonstrate key performance improvements in devices for end-users which will accelerate the commercialization and market adaptation of CM Materials and increase the brand value.

Elyte Energy (Wilmington)
Elyte Energy uses patent-protected hydrogen technology to build a highly efficient power supply for generators and other fixed and portable devices. The EDGE grant will be used for laboratory space and equipment to develop a commercial prototype of its hydrogen-based system to power recreational vehicles.  

Gaskiya Diagnostics (Wilmington)
Gaskiya Diagnostics offers low-cost, paper-based and easy-to-use diagnostic tests for disease detection in aquaculture worldwide. The company will use its grant for research and development of its diagnostic aquaculture test, laboratory space and equipment and other services including a validated prototype to offer investors.

Kindwell (Wilmington)
Kindwell is a group of scientists, engineers and business executives dedicated to the improvement of chemical analysis to positively impact climate change, environmental justice and air quality. The company is using highly innovative and impactful technology to create compact gas chromatography devices and multi-pollutant monitors to measure organic and inorganic chemicals in the air. Kindwell will use its grant to make engineering and software upgrades to their devices and on marketing and commercialization of their products.

Entrepreneur class

How Do You Brew (Smyrna)
How Do You Brew is a retailer of supplies for home brewers currently based in Newark. The company will use EDGE funding to build and market a new retail space in Smyrna that will double as a warehouse and distribution center for the growing business, expanding their reach into Kent and Sussex counties.

Key to Life Juice Bar (Dover)
The Key to Life Juice Bar strives to promote and educate young people and members of the minority community on the importance of eating fruits and vegetables and the benefits of healthy eating. EDGE grant funds will be used for three months of rent at a location in downtown Dover, build-out needs, marketing and ingredients.

Lean On Me Caregiving (Dover)
Lean On Me Caregiving is a non-medical in-home care agency that services the entire state of Delaware. Services include, but are not limited to, personal care and hygiene, companionship, socialization, homemaking and organization, nutrition and hydration assistance, mental stimulation, dementia care and medication reminders. EDGE funding will be used to develop an advanced educational employee training program on a web-based platform and to purchase equipment needed for the program.

CrossFit Petram (Middletown)
CrossFit Petram is a brick-and-mortar gym strategically located in the heart of the MOT community, right on Main Street in downtown Middletown. Grant funds will be used to design & construct two showers inside the gym, purchase and install an infrared sauna and purchase new athlete recovery tools including compression boots and handheld massage guns.

One Way Insurance Group (Seaford)
One Way Insurance Group is a multilingual independent insurance agency specializing in auto, home, business and life and employee benefits. The company will use its EDGE grant to purchase a van and convert it into a mobile office to reach more clients and provide financial literacy to the communities it serves.

ONTrac (Middletown)
ONTrac is a self-improvement content publishing and accountability platform that aims to improve goal achievement outcomes by empowering self-improvement content creators and other accountability partners to create content utilizing their innovative, proprietary new content medium called SMARTracs™. Securing the EDGE Grant will allow ONTrac to differentiate itself from its competitors by launching a pilot opportunity with a well-known coach and social media influencer.

Pop In Artisan Pops (Middletown)
Pop In Artisan Pops is a manufacturer of custom frozen treats with a small fleet of vintage ice cream tricycles used at events. To grow their business, they need the ability to accommodate larger catering events, provide broader delivery options and expand distribution reach. They will use the EDGE grant funds to purchase a cargo van to expand their catering business.

Sweets & Treats (Dover)
Sweets & Treats is a dessert shop located in Dover’s historic downtown development district. The shop offers gourmet desserts and custom cakes and has served over 30,000 customers since opening in May 2019. EDGE grant funds will be used to expand the shop’s menu, purchase kitchen equipment and renovate the shop in order to add indoor seating.

The Berry Patch (Lincoln)
The family of Rodney and Yolonda Messick, including their sons Joshua and Jacob, are diversifying their grain farm operation to incorporate a U-Pick Berry Farm. The Berry Patch will utilize a growing system that is ideal for easy picking and handicap accessibility. The family plans to begin operating in the fall of 2022 and will use EDGE grant funds to purchase an IBEX strawberry growing system, which protects plants from frost, mold and pests, by using raised single containers and coconut husks as growing matter.

The Center for Grief and Trauma Therapy (Newark)
The Center for Grief and Trauma Therapy provides mental health services for those experiencing grief or trauma. The business will use grant funds for technology upgrades, including improved internet access for its clinicians and staff to provide telehealth and in-person therapy, and additional marketing efforts.