Development Finance Council approves 4, $50,000 grants

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The Delaware Council on Development Finance later last month endorsed four $50,000 grants for technology start-ups.

The Small Business Innovation Research grant  program  offers transition grants for companies that have completed Phase I and applied for Phase II of the federal Small Business Innovation Research or Small Business Technology Transfer programs as they work to bring new products to market.

  1. RiKarbon, Inc. –  $50,000 from the Delaware Strategic Fund Delaware Technical Innovation Program (DTIP) for a Small Business Innovation Research (SBIR) grant. The business is located at the University of Delaware STAR Campus, Newark. RiKarbon is researching materials that can be made from renewable sources.
  2. Extreme Scale Solutions, LLC – $50,000 for the Delaware Technical Innovation Program (DTIP) for a Small Business Innovation Research (SBIR) grant. The business is in Newark and is a software developer.
  3. Talos Tech LLCThe Applicant is requesting $50,000 from the Delaware Strategic Fund Delaware Technical Innovation Program (DTIP) for a Small Business Technology Transfer (STTR) grant. The business is located in New Castle.
  4. ThruPore Technologies, Inc – $50,000 from the Delaware Strategic Fund Delaware Technical Innovation Program (DTIP) for a Small Business Innovation Research (SBIR) grant. The business in New Castle is developing a filtration system that would take out the Covid-19 virus.
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