1 Del. Admin. Code § 1901-7.0 - Selection Process

7.1 Applications will be reviewed and evaluated by the Fund Committee, which shall consist of 5 members chosen by the Delaware Division of Small Business and the Delaware Center for Life Science Education and Training. The Director of the Delaware Division of Small Business and the Executive Director of the Delaware Center for Life Science Education and Training, or their designees, must be members of the Fund Committee.

7.2 The remaining 3 members of the Fund Committee shall be selected based on their knowledge and expertise in STEM employment trends and STEM hiring needs in Delaware. The Fund Committee may include representatives from STEM industries, a representative from a Delaware higher education institution, and a representative from a workforce development organization.

7.3 The Fund Committee will review applications on a name-blind basis.

7.4 Upon receipt of an application from an eligible applicant, the Fund Committee shall select applicants, on a competitive basis, to receive an award for the service period for which the applicant is applying, as follows:

7.4.1 A maximum award of $1,000 for an associate degree holder.

7.4.2 A maximum award of $4,000 for a bachelor's degree holder.

7.4.3 A maximum award of $6,000 for a graduate or post-graduate degree holder.

7.5 The Fund Committee shall email an award letter to each applicant selected for an award. The applicant shall have 30 days from the date the award letter is emailed to accept the award by countersigning the award letter and delivering an executed copy to the Division. An award shall be deemed withdrawn if not timely accepted by an applicant.

7.6 In addition to the terms provided by subsections 7.4, 7.5, and 8.2 of this regulation, the award letter shall require that the applicant:

7.6.1 Submit annual reports, in the form and on the dates as required, in order to confirm that the applicant continues to meet all of the eligibility requirements contained in this regulation; and

7.6.2 Consent to the public disclosure of the receipt of any award, including disclosure of the applicant's:

7.6.2.1 Name;

7.6.2.2 Post-secondary institution of higher learning; and

7.6.2.3 Employer.

Notes

1 Del. Admin. Code § 1901-7.0

28 DE Reg. 682 (3/1/2025) (Final)