January 16, 2020
After a state-wide competition, Lignolix is one of five Delaware small businesses in the STEM category to win a $100,000 EDGE grant from the state Division of Small Business.
Lignolix, along with 15 other finalists selected from nearly 100 applicants, gave public presentations before a panel of expert judges in December at Delaware Tech in Dover. The judges then selected the five winners in each category. Governor Carney, along with Secretary of State Jeff Bullock and Division of Small Business Director Damian DeStefano, announced the winners at an event Thursday at the Carvel State Office Building in Wilmington.
“It is incredible to see what the innovative entrepreneurs in this state are accomplishing,” said Governor Carney. “Their companies span a wide range of industries, but the one thing the owners share is the drive and determination necessary to start, then grow their businesses. I am glad the State is able to support their work through initiatives like the EDGE Grant program.”
The EDGE grant will allow Lignolix to cover important expenses that will improve the company’s long-term chances of success, from market analysis to website design to acquiring essential equipment.
