Delaware Administrative Code
Title 1 - Authorities, Boards and Commissions
400 - Delaware Economic Development Office
402 - Procedures Governing The Delaware Strategic Fund
Section 402-4.0 - Fees

Universal Citation: 1 DE Admin Code 402-4.0

Current through Register Vol. 28, No. 3, September 1, 2024

4.1 Application Fees:

4.1.1 A non-refundable fee of two hundred fifty dollars ($250) on Applications for requests of financing up to and including one hundred thousand dollars ($100,000).

4.1.2 A non-refundable fee of seven hundred fifty dollars ($750) on Applications for requests of financing in excess of one hundred thousand dollars ($100,000), up to and including one hundred fifty thousand dollars ($150,000).

4.1.3 A non-refundable fee of one thousand two hundred fifty dollars ($1,250) on Applications for requests of financing in excess of one hundred fifty thousand dollars ($150,000), up to and including two hundred fifty thousand dollars ($250,000).

4.1.4 A non-refundable fee of one thousand seven hundred fifty dollars ($1,750) on Applications for requests of financing in excess of two hundred fifty thousand dollars ($250,000), up to and including three hundred fifty thousand dollars ($350,000).

4.1.5 A non-refundable fee of two thousand two hundred fifty dollars ($2,250) on Applications for requests of financing in excess of three hundred fifty thousand dollars ($350,000), up to and including four hundred fifty thousand dollars ($450,000).

4.1.6 A non-refundable fee of two thousand seven hundred fifty dollars ($2,750) on Applications for requests of financing in excess of four hundred fifty thousand dollars ($450,000), up to and including five hundred fifty thousand dollars ($550,00).

4.1.7 A non-refundable fee of three thousand two hundred fifty dollars ($3,250) on Applications for requests of financing in excess of five hundred fifty thousand dollars ($550,000), up to and including six hundred fifty thousand dollars ($650,000).

4.1.8 A non-refundable fee of three thousand seven hundred fifty dollars ($3,750) on Applications for requests of financing in excess of six hundred fifty thousand dollars ($650,000), up to and including seven hundred fifty thousand dollars ($750,000).

4.1.9 A non-refundable fee of four thousand two hundred fifty dollars ($4,250) on Applications for requests of financing in excess of seven hundred fifty thousand dollars ($750,000), up to and including eight hundred fifty thousand dollars ($850,000).

4.1.10 A non-refundable fee of four thousand seven hundred fifty dollars ($4,750) on Applications for requests of financing in excess of eight hundred fifty thousand dollars ($850,000), up to and including nine hundred fifty thousand dollars ($950,000).

4.1.11 A non-refundable fee of five thousand two hundred fifty dollars ($5,250) on Applications for requests of financing in excess of nine hundred fifty thousand dollars ($950,000), up to and including one million fifty thousand dollars ($1,050,000).

4.1.12 A non-refundable fee of five thousand seven hundred fifty dollars ($5,750) on Applications for requests of financing in excess of one million fifty thousand dollars ($1,050,000), up to and including one million one hundred fifty thousand dollars ($1,150,000).

4.1.13 A non-refundable fee of six thousand two hundred fifty dollars ($6,250) on Applications for requests of financing in excess of one million one hundred fifty thousand dollars ($1,150,000), up to and including one million two hundred fifty thousand dollars ($1,250,000).

4.1.14 A non-refundable fee of six thousand seven hundred fifty dollars ($6,750) on Applications for requests of financing in excess of one million two hundred fifty thousand dollars ($1,250,000), up to and including one million three hundred fifty thousand dollars ($1,350,000).

4.1.15 A non-refundable fee of seven thousand two hundred fifty ($7,250) on Applications for requests of financing in excess of one million three hundred fifty thousand dollars ($1,350,000), up to and including one million four hundred fifty thousand dollars ($1,450,000).

4.1.16 A non-refundable fee of seven thousand seven hundred fifty dollars ($7,750) on Applications for requests of financing in excess of one million four hundred fifty thousand dollars ($1,450,000), up to and including one million five hundred fifty thousand dollars ($1,550,000).

4.1.17 A non-refundable fee of eight thousand two hundred fifty dollars ($8,250) on Applications for requests of financing in excess of one million five hundred fifty thousand dollars ($1,550,000), up to and including one million six hundred fifty thousand dollars ($1,650,000).

4.1.18 A non-refundable fee of eight thousand seven hundred fifty dollars ($8,750) on Applications for requests for financing in excess of one million six hundred fifty thousand dollars ($1,650,000), up to and including one million seven hundred fifty thousand dollars ($1,750,000).

4.1.19 A non-refundable fee of nine thousand two hundred fifty dollars ($9,250) on Applications for requests for financing in excess of one million seven hundred fifty thousand dollars ($1,750,000), up to and including one million eight hundred fifty thousand dollars ($1,850,00).

4.1.20 A non-refundable fee of nine thousand seven hundred fifty dollars ($9,750) on Applications for requests for financing in excess of one million eight hundred fifty thousand dollars ($1,850,000), up to and including one million nine hundred fifty thousand dollars ($1,950,000).

4.1.21 A non-refundable fee of ten thousand dollars ($10,000) on Applications for requests of financing in excess of one million nine hundred fifty thousand dollars ($1,950,000). The fee shall be in the form of a check made payable to "The Delaware Economic Development Authority."

4.2 Modification Fees

4.2.1 In any event in which a recipient of funding requests a modification to a previously awarded Application, a non-refundable fee of $500 shall be due at the time of approval.

4.2.2 The fee shall be in the form of a check made payable to "The Delaware Economic Development Authority."

4.3 Waiver of Fees-The foregoing fees shall, unless otherwise waived by the Authority in its sole discretion, be paid with respect to all financial assistance granted by the Authority.

Disclaimer: These regulations may not be the most recent version. Delaware may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
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