Business in Delaware
1 Case Studies
A Business in Delaware Case Study
Elyte Energy, a clean-energy startup founded by Dr. Jalaal Hayes, faced the challenge of securing funding and resources to develop a commercial prototype for its patent-protected hydrogen-based power supply technology. Business in Delaware, through the Delaware Division of Small Business's EDGE Grant program, provided the crucial financial support needed for this development phase.
The solution implemented by Business in Delaware was an EDGE Grant, which helped fund laboratory space and equipment for Elyte Energy. This support allowed the startup to advance its technology, which has applications in the global vehicle market, achieving a critical milestone in moving from concept towards a viable commercial product.