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RI Innovation Voucher Program

Rhode Island Commerce Corporation
About the Grant

The Innovation Voucher program is part of Rhode Island Commerce’s Innovation Initiatives Portfolio created to support Rhode Island’s small businesses and entrepreneurs. The Innovation Voucher funds strategic investments in local businesses that catalyze growth through research and development (R&D) innovation. There are two types of vouchers in this program, both for $5,000 to $75,000.

Knowledge Provider Voucher:
The Knowledge Provider Voucher helps small businesses tap the expertise and resources of local research institutions such as colleges, universities and hospitals (“knowledge providers”) to advance innovation and business growth. With a Knowledge Provider Voucher, the R&D needed by a small business is executed by the knowledge provider.

Manufacturing Voucher:
Rhode Island manufacturers can access funding for internal research and development through the Manufacturing Voucher. This voucher supports specific R&D projects that Rhode Island manufacturers need to advance or reinvent their product offerings and remain competitive within their industry.

State and Industry
Ownership Categories
Grant Amount:

Up to $75,000

Application Deadline:

Rolling

Notes

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