Small Business Division awards EDGE grants to 10 Delaware businesses

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

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

“Through the EDGE grant program, small businesses receive much-needed capital assistance that they may not otherwise have access to,” said Governor Carney. “The small businesses that received a grant this past cycle represent the best Delaware has to offer, and we’re excited to see how the grant funds are helping their businesses grow.”

Businesses that are less than five years old and employ no more than 10 employees can apply for an EDGE grant. Scholarships are awarded through a competitive selection process. STEM-based businesses can receive up to $100,000 for qualifying expenses, while businesses in the Entrepreneur (non-STEM) category can receive up to $50,000.

EDGE is a matching grant program. The Small Business Division 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 chances of long-term success. business, such as a marketing campaign to help acquire more customers or the purchase of necessary equipment that can increase production capacity.

“With more than 25,000 small businesses in Delaware employing more than half of our state’s workers and accounting 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 and 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 agriculture to restaurants.

This is the fifth round of funding for the program since its launch in 2019. In this latest round, which opened in March, more than 100 companies applied for funding. Fourteen finalists made public presentations to a panel of experts on June 1 and 2 in Dover.

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

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

“We are honored and thrilled to be selected as EDGE grant recipients in this cycle,” said Angie Robles, co-owner of My Sister’s Fault. “Since our opening in 2017, our business has grown considerably and our current equipment cannot meet the demand of our customers. The EDGE funding will allow us to purchase new, larger equipment so that 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 Carbon Capsule. The device integrates into a commercial building’s ventilation system and is capable of improving indoor air quality for occupants, creating energy savings for building owners, and capturing and directly reuse tons of CO2 annually into a valuable limestone by-product. Carbon Reform will use its EDGE Grant funding to secure the purchase of capital equipment to take them to the next stage of development, including manufacturing their first 10 Carbon Capsule commercial units.

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

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

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

Moonprint Solutions (Dover)
Moonprint Solutions is an engineering company whose services include product development, consulting and prototype manufacturing. The EDGE grant will be used for a CNC materials plotter/cutter to support prototyping and production of flexible products.

Contractor Class

Creekview (Newark) Psychological Assessment
Creekview Assessment Center is a small private group practice of clinics, schools, and neuropsychologists. The company offers specialized psychological testing, including autism, psychoeducation and disability assessments. The company will use its EDGE grant to further invest in state-of-the-art technology for psychological testing, marketing, and training other providers in the state of Delaware.

Improved edge (Dover)
Enhanced Edge LLC is a mental health counseling spinoff specializing in the full-spectrum treatment of mental illnesses via Alpha-Stim, QEEG brain mapping, biofeedback, and neurofeedback. The EDGE grant will be used to make various advancements in equipment, infrastructure and marketing. The most significant advancement is a ‘dry’ QEEG brain scanning cap that will allow the company to triple the number of clients it 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 in 2017 and currently has 10 employees. During the pandemic, the owners switched their operations to online orders and takeout only. Since then, the sales of the bakery have increased considerably. My Sister’s Fault will use its EDGE Grant funding to purchase new refrigeration and freezing equipment that will allow it to fulfill more custom cake orders, hire more staff, and extend its hours of operation for special events.

Fitness Salt (Rehoboth)
Salt Fitness is a boutique fitness cycling studio that provides a personalized experience focused on mutual upliftment, community and relationship building, breaking down walls of life, full body health, high energy music , sweat-soaked workouts and fun in a loving and supportive environment. environment. The EDGE grant will be used to open a second studio in Milford, for advertising and instructor retention, and to complete improvements to the West Rehoboth Beach location.

Tournaments STATS (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 business has grown into a full-service facility that serves over 300 teams, hosts approximately 600 games and 12 baseball tournaments per year. The company will use the EDGE funding to build two convertible grass fields that will allow STATS to host an additional 240 little league, high school, college and travel baseball teams, as well as six more tournaments per year.

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