Mission
The Emerging Enterprise Center is a business incubator and accelerator managed by the New Castle County Chamber of Commerce. It offers mentorship, networking opportunities, and affordable office space to assist startups in achieving sustainable growth and success.
Basic Information
Tax-Exempt
Founded in
2013
EIN
27-3709704
Total Assets
$1.966 million
UN Sustainable Development Goals Supported
This organization contributes to the following United Nations Sustainable Development Goals. See the SDG page for more information.
Showing 2 of 2 goals
At a Glance
Emerging Program
An 8-week program designed to help participants understand the essentials of starting a successful business.
Business Growth Workshops
Interactive workshops covering various topics essential for business growth and development.
Delaware Entrepreneurial Summit
An annual summit featuring discussions and networking opportunities for entrepreneurs.
Impact Stats
85
Number of Companies
Companies Assisted
We have proudly assisted in the growth of local companies.
989
Number of Jobs
Jobs Created
Businesses that have gone through our incubator program have created jobs in the community.
$187+ Million
Revenue Generated
Revenue Generated
We have helped businesses generate significant revenue through our incubator program.
Our Programs
Emerging Program
An 8-week program focused on building a solid foundation for business success.
Learn MoreSwim with the Sharks
An annual pitch competition for startups to present their business ideas.
Learn MoreTestimonials
"The main attraction for the EEC was their mentor program. It takes a village to make a company and the EEC provides that village. There is a huge amount of support!"
Brooke Miles
Incubator Graduate
"One of the things that the EEC helped me concentrate on was to find the resources necessary to implement my business plan and grow a business."
Matt Doyle
Incubator Graduate
"Being a part of a small business incubator has helped us avoid challenges and grow from a small home office to a mature company."
Mark Olazagasti
Incubator Graduate
MIP Score (Beta)
The MIP Score is in beta! We'd love any feedback you may have.
The MIP Score and it's methodology is purely used as a way to visualize how a nonprofits public financial data compares against others. It doesn't reflect the unique circumstances and impact that a nonprofit has.The MIP Score should never be used to say one charity is better than another.
Overall Score
52
36
/100
Program Expense Ratio
80.60%
14
/20
Program Revenue Growth
2.71K%
2
/20
Leverage Ratio
0.6555
6
/20
Working Capital Ratio
1.481
12
/20
Fundraising Efficiency
0
2
/20
Latest Filing Data: Form 990
Fiscal Year:2022
Source:Source: Self-reported by organization
Financial Details
Revenue
| Category | Amount | Percentage |
|---|---|---|
| Contributions, Gifts, and Grants | 566.5K | 72.62% |
| Program Services | 80.55K | 10.33% |
| Investment Income | 55 | 0.01% |
| Sales of Non-Inventory Assets | 0 | 0.00% |
| Other Notable Sources | 0 | 0.00% |
| Total Revenue | 780.1K | 100.00% |
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