Companies expanding, retaining or relocating operations in Delaware (e.g., manufacturing, distribution, headquarters, research facilities) that will create significant quality full-time jobs can seek reimbursement-based grants or low-interest loans sized to the project's economic impact.
Grants and low-interest loans for business expansion, retention and relocation projects that grow Delaware's economy in a significant way. The incentive amount is determined by the project's economic impact, and funds are typically disbursed as reimbursement of expenses the company has paid. Recipients must maintain targeted employment levels for an agreed period. Applications go before the Council on Development Finance; no deadline is published.
Project must be located in the State of Delaware
Project must serve a public purpose by maintaining or expanding employment, business and industry, and the tax base in Delaware
Applicant must show that financial assistance from Delaware is necessary to effectuate the project
Applicant must establish that the project will create a significant number of direct, quality, full-time jobs
Applicant must provide three most recent years of audited financial statements or tax returns, articles of incorporation/formation, certificate of good standing and a Delaware business license
Examples that may qualify: new or expanding manufacturing facilities, distribution centers, corporate headquarters or research facilities
Not eligible: speculative real estate, restaurants, retail, residential and professional office buildings, refinancing of existing debt
Topics
Money can be used for
Open opportunities funding similar work, from the same funder or in the same place.
501(c)(3) nonprofits, public schools and local government entities with programs in TD Bank's East Coast footprint (Maine to Florida) can apply for program grants. The portal is open all year; the next review deadline…
Competitive Head Start/Early Head Start grants to deliver comprehensive early childhood education, health and family services to low-income children and families in ~37 states/territories. Eligible: governments,…
NIH COBRE Expansion/Sustainability grants for institutions in IDeA-eligible states (e.g., AK, AR, MS, MT, WV) that award health-related doctoral degrees or run NIH-funded biomedical research and hold three or fewer…
NIH COBRE-D grants fund institutions in IDeA-eligible states (AK, AR, DE, HI, ID, KS, KY, LA, ME, MS, MT, NE, NV, NH, NM, ND, OK, PR, RI, SC, SD, VT, WV, WY) that award doctoral degrees in health sciences or are…
501(c)(3)s in Albertsons, Safeway and sister-store communities with a brand-new idea to end hunger for good can apply any time for flexible grants of up to $3 million over up to 4 years. Use invitation code…
Tax-exempt nonprofits in PNC markets that run early childhood education or community and economic development programs, such as small business technical assistance in low- and moderate-income areas, can take PNC's…