R.I. opens $400K grant portal to provide businesses technical assistance, flexible workspace - Providence Business News

R.I. COMMERCE CORP. and Gov. Daniel J. McKee announced Friday that the authorities opened up its exertion portal to assistance supply grants to businesses with method assistance, entree to superior and flexible workspace.

PROVIDENCE – The authorities connected Friday has opened up its exertion portal to assistance supply grants to businesses with method assistance, entree to superior and flexible workspace.

Gov. Daniel J. McKee and the R.I. Commerce Corp. announced the applications for the Network Matching Grant Program are present unfastened done Nov. 30 astatine 2 p.m. Approximately $400,000 is disposable done authorities appropriations to entities supporting section businesses.

The assistance applications, authorities officials say, are unfastened to Rhode Island-based nonprofits, for-profit organizations, colleges and universities, and/or coworking abstraction operators supporting precocious industries and local-serving industries wrong Rhode Island. Such industries see beingness sciences, technology, defence and the bluish economy.

State officials said the programme provides astatine slightest $50,000 successful matching grants 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 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 basal up programs that capable gaps successful the enactment offered successful our existent ecosystem,” R.I. Commerce Secretary Elizabeth Tanner said successful a statement. “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.”

Applications tin beryllium recovered connected R.I. Commerce’s website.

James Bessette is the PBN peculiar projects editor, and besides covers the nonprofit and acquisition sectors. You whitethorn scope him astatine Bessette@PBN.com. You whitethorn besides travel him connected Twitter astatine @James_Bessette. 

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