The Grow Delaware Fund is a public-private partnership administered by the Delaware Division of Small Business. Its mission is to stimulate economic development and job creation within the State of Delaware by providing gap financing to small businesses. The fund offers loans ranging from $100,000 to $1 million, which are used in conjunction with private bank financing to help businesses expand their operations, purchase equipment, or acquire real estate. This program leverages state funds to encourage private investment and support companies that are creating or retaining jobs in Delaware.

Founded in

United States