Startup Resources Tool

State Small Business Credit Initiative (SSBCI): Participation Loan Through the federal SSBCI program aimed at providing capital to small and diverse businesses, Delaware supports the following initiatives:

• Delaware Loan Participation Program (DELPP) 
• Delaware Capital Access Program (DCAP)
• Delaware Accelerator & Seed Capital Program (DASCP)
• Delaware Early State Venture Capital Program (DESVC)

Delaware Technical Innovation Program: An incentive program that provides transitional grant funding for companies that have received Phase I and applied for Phase II of the federal Small Business Innovation Research (SBIR) or Small Business Technology Transfer programs.

EDGE Grants: Encouraging Development, Growth, and Expansion (EDGE) grants range from $50,000 to $100,000 and support entrepreneurs with most of their labor force and operations in Delaware that have been in operation for seven years or less and have 10 or fewer full-time employees.

Graduated Lab Space Grant: A grant assisting early-stage, small, and medium-sized companies expanding in Delaware or considering relocating and expanding in Delaware.

Workforce Training Grant: A matching program that funds specialized training for companies of up to $100,000 per project.

R&D Tax Credits: A tax credit to promote new research and development by lowering payments on taxable expenses.