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Finance My Business

Rhode Island offers many credits and financial incentives to in-state companies. The Commerce Corporation can help businesses understand the programs, navigate the options, and find the right fit.


Bond Financing

Both tax exempt and taxable bonds are available through the R.I. Industrial Facilities Corporation (RIIFC). Our staff can discuss eligibility, project requirements, and other details with businesses considering bond financing. Find details on the programs here.

Mortgage Insurance

Mortgage insurance is offered through the Rhode Island Industrial Recreational Building Authority (IRBA). Commerce Corporation staff can walk companies through eligibility criteria, from dollar limits per project to approved use of funds and forms of financing. Find out more here.


Small Business Loans

The goal of the Small Business Loan Fund (SBLF) is to catalyze private sector capital formation and help transform Rhode Island from an industrial-based to a knowledge-based innovation economy. the Commerce Corporation can help small businesses go step-by-step through the process required for SBLF financing, discuss documentation requirements, and help clients understand applicable restrictions.


Science and Technology Grants

The Science and Technology Advisory Council (STAC) was launched in 2005 to make innovation central to the state’s leadership agenda. Among STAC’s offerings are a range of grants designed to spur innovation, collaboration, and entrepreneurship. These include the RI Research Alliance Collaborative Research Grants, as well as Small Business Innovation Research (SBIR) and Small Business Technology Transfer (STTR) programs that represent the largest source of early-stage, high-risk technology financing in the United States. The Commerce Corporation has someone in house to help navigate the options and connect with programs.


Federal Grants

The Commerce Corporation is here to help you navigate the federal grant process. Grants.gov is your online resource to learn about, find, apply for and track federal grants.


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