Early-stage and small-to-medium R&D companies in or moving to Delaware can get a grant covering up to one-third of new lab fit-out or building costs (max $70/sq. ft., up to 50,000 sq. ft.) if they create quality full-time jobs and occupy the space at least 5 years.
Grants for existing and relocating companies that need new laboratory space, covering up to one-third of fit-out or building costs for the lab portion of a facility. The maximum grant is $70 per square foot for up to 50,000 square feet, and offices, common areas and warehouse space are excluded. The program targets early-stage and small-to-medium companies; priority goes to wet-lab industries. No application deadline is published.
Applicant should be scaling and commercializing the entity's research and development
Applicant must demonstrate financial stability
Applicant must provide proof of property ownership, or a letter of intent to lease from the building owner
Applicant must establish that the improvement will create direct, quality, full-time jobs
Applicant must occupy and operate in the funded lab space for a minimum of 5 years after completion
Applicant must be in good standing in Delaware and hold required business and professional licenses
Priority to wet-lab oriented industries such as advanced materials, chemistry and biotechnology
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Money can be used for
Open opportunities funding similar work, from the same funder or in the same place.
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