Grant applications open to provide businesses with technical assistance, access to capital, and flexible work space - What'sUpNewp

Governor Dan McKee and the Rhode Island Commerce Corporation announced connected October 21 that applications for the Network Matching Grant Program are unfastened done November 30, 2022, astatine 2 PM.

The programme provides matching grants of astatine slightest $50,000 to eligible entities providing businesses with method assistance, creating oregon expanding capital-access programs, and/or providing abstraction to beryllium utilized by businesses connected flexible terms.

“We person seen the out-sized interaction of efforts that meets businesses wherever they are—whether it means providing targeted method assistance oregon entree to caller operating facilities oregon low-interest loans oregon grants,” said Governor Dan McKee. “The Network Matching Grant programme provides this benignant of targeted enactment and we’re anxious to spot the types of applications that volition look successful this captious rebuilding twelvemonth for Rhode Island’s economy.”

Network Matching Grant applications are unfastened to Rhode Island non-profit organizations, for-profit organizations, institutions of higher education, and/or co-working abstraction operators who are supporting precocious industries, accidental industries, and local-serving industries successful the state. This includes industries similar beingness sciences, technology, defense, and the bluish economy.

“We are astatine a captious juncture for Rhode Island’s economy, and programs similar the Network Matching Grant tin assistance to catalyze and compound our economical comeback, arsenic good arsenic stand-up programs that capable gaps successful the enactment offered successful our existent ecosystem,” said Rhode Island Secretary of Commerce Liz Tanner. “As an example, we person seen a caller spread successful enactment for technology-related concern growth, including fintech and cleanable tech. The Network Matching Grants are a wide mode to beryllium capable to enactment these and different precedence industries.”

The telephone for applications arsenic good arsenic the exertion itself tin beryllium recovered astatine commerceri.com/incentives/innovation-incentives.

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