The City of Milford and the Delaware Division of Small Business, in conjunction with Downtown Milford, Inc. and the Chamber of Commerce for Greater Milford, will be hosting a workshop on September 24, 2019 for small businesses interested in applying for an EDGE (Encouraging Development, Growth & Expansion) Grant.
The workshop will be held from 11 a.m. to 1 p.m. at the Milford Public Library located at 11 Southeast Front Street in downtown Milford.
The Delaware Division of Small Business awards EDGE Grants through a competitive selection process. STEM-based companies can receive up to $100,000 for eligible expenses. Entrepreneur Class (non-STEM) businesses can get up to $50,000. The funds are provided as a $3 (state) to $1 (business) match. And the Division can provide up to 10 grants per application round (5 STEM/5 Entrepreneur).
Applications for EDGE grants are due by 11:59 p.m. on October 11, 2019. More information can be found at www.delbiz.com.
"The Division of Small Business wants to help business owners make their EDGE Grant applications as strong as possible," said Division Director Damian DeStefano. "We look forward to talking with potential applicants in Milford. And if you are unable to attend, you can connect with our regional business managers directly for assistance and guidance.”
“The City of Milford is a great location to start or grow a small business,” stated City Manager Eric Norenberg. “Support from a State of Delaware EDGE Grant could be a vital resource for a start-up or growing business.”
Along with City officials, local economic development activity is supported by the Chamber of Commerce of Greater Milford and the Economic Vitality Committee of Downtown Milford, Inc. For more information about economic development opportunities in Milford, visit http://cityofmilford.com/228/Economic-Development. There you will find more information about the Milford Downtown Development District and our Opportunity Zone, and you can use the Economic Development Mapping Portal to research sites.