How would you like to quadruple your existing business capital, without loans or giving up equity?
It sounds like the opener for a late-night infomercial, but that’s what the Delaware Division of Small Businesses is offering with the EDGE (Encouraging Development, Growth & Expansion) Grant, which is currently accepting applications through June 14.
Basically, it works like this: The state will match $3 for per $1 (including non-government grant funding) spent by small businesses that do a minimum of 51% of their business in Delaware, up to $50,000 for non-STEM entrepreneurs and $100,000 for STEM startups. Ten grants may be awarded per application round.
Funds will be matched for various growth necessities, including …