Delaware Small business grantsAvailing grants for small business has become easier than never before. While there are still no direct grants available from the federal government, many state development agencies offer them and other types of financial assistance designed to encourage and assist entrepreneurs in starting or expand a small business. Small business grants in Delaware cater to the need of individuals who look forward to expand their business. Such grants offer a fine array of business financing programs that is conducive for virtually any business.

The edge over other financial programs

The advantage of grants for small business is that unlike other financial programs the funds need not be paid back. Owing to this factor many who seek this as their primary option. However it is quite a tedious process to acquire these grants since only some are eligible. Moreover the government does not advertise or market these programs publicly. Setting up a business becomes way easier with these grants since there is absolutely no credit check, down payment or collateral. Certain small business grants in Delaware cater to the business in cash while a few others ensure that the business undertaken matches the amount that they offer as capital.

Who is eligible?

The various criterions for small business grants in Delaware depends on the total number of years in business, income, educational qualification the purpose of its establishment, sales revenue, location, where the business is carried out, race and sex. Small scale business grants are targeted more towards man power hiring, purchase of new equipment and machinery if they exhibit great potential. They are even provided for the expansion of business and further research. People living in rural areas have a greater edge over receiving these grants. Grants are also targeted towards the field of medicine, agriculture, research etc.

Process of acquiring the grant

The first step towards acquiring a grant is to ensure that one completely fits the bill for the grant. The next step would be to apply through a written application which essentially charts out the business plan with complete and accurate details. Gather as much as information from the grant officer while being well aware of the various constraints. Keeping oneself abreast with the budget would immensely help in approval of the grant. For further credibility one can also take the help of an accountant or a consultant. Finally be consistent and regular in sending responds to the concerned officials throughout the proceeding.

Thus it is mandatory for one to prove their potential in the business undertaken. The grant is given only for those who truly deserve it and therefore it becomes pivotal to appease the officials concerned by charting out the right business plan and by ensuring one matches all the criterion of eligibility. Unlike other financial sources there is no pay back of principal amount in small business grants, making it one of the best options for the pursuit of business.

Latest Delaware Small Business Grants Offers:

Disaster Assistance for State Units on Aging (SUAs) and Tribal Organizations in National Disasters Declared by the President

health logoDate for applicants: Nov 02, 2011 – Sep 14, 2012
Estimated Total Program Funding: $500,000
Award Ceiling: $100,000
Expected Number of Awards: 5
Category of Funding Activity: Income Security and Social Services
Agency Name: Administration on Aging
Contact Person: Robert Logan

National Coastal Wetland Conservation Grant Program

Department of interior logoDate for applicants: Jan 25, 2012 – Jun 29, 2012
Estimated Total Program Funding: $17,500,000
Award Ceiling: $1,000,000
Expected Number of Awards: 20
Category of Funding Activity: Natural Resources / Environment
Agency Name: Fish and Wildlife Service
Contact Person: Chris Darnell, 703-358-2236

Securing the Cities (STC) Program

Department of Homeland Security logoDate for applicants: May 10, 2012 – Jul 20, 2012
Estimated Total Program Funding: $2,000,000
Award Ceiling: $2,000,000
Category of Funding Activity: Disaster Prevention and Relief
Agency Name: Office of Procurement Operations – Grants Division
Contact Person: Janet Bailey, 202-447-036

Advanced Manufacturing Jobs and Innovation Accelerator Challenge

Department of Commerce logoDate for applicants: May 24, 2012 – Jul 09, 2012
Estimated Total Program Funding: $26,000,000
Award Ceiling: $26,000,000
Expected Number of Awards: 12
Category of Funding Activity: Employment, Labor, Training and Development
Agency Name: Jobs and Innovation Accelerator Challenge
Contact Person:

Rural Business Opportunity Grant (RBOG)

Department of Agriculture logoDate for applicants: Jun 07, 2012 – Aug 06, 2012
Estimated Total Program Funding: $2,370,000
Award Ceiling: $50,000
Expected Number of Awards: 35
Category of Funding Activity: Agriculture / Regional Development
Agency Name: Business and Cooperative Programs
Contact Person: Gail Thuner, 202-720-8460

More opportunities for your small business

Small Business Development Center
103 West Pine Street, Georgetown, DE
(302) 856-1555 ‎ ·

US Small Business Administration
1007 N Orange St # 1120, Wilmington, DE
(302) 573-6294 ‎ ·

Small Business Associates
1200 North Dupont Highway # 108, Dover, DE
(302) 678-1555 ‎ ·

Small Business Help Center
1 Innovation Way # 301, Newark, DE
(302) 831-1555