The Science and Technology Advisory Council (STAC) was launched in 2005 to make innovation central to the state’s leadership agenda. STAC works with the state government to develop programs and policies that increase Rhode Island’s research and development capacity, encourage entrepreneurship and new company creation, and enable all organizations to innovate. Among STAC’s offerings are a range of grants designed to spur innovation, collaboration, and entrepreneurship.
Small Business Innovation Research (SBIR) and Small Business Technology Transfer (STTR) Programs Phase 1 Application Costs
The SBIR and STTR programs represent the largest source of early-stage, high-risk technology financing in the United States, providing over $2 billion for research and development projects leading to the commercialization of resulting products or services. The programs are designed to benefit entrepreneurs and small businesses while increasing the competitiveness of the U.S. economy. STAC’s offers grants to assist small businesses offset the costs associated with preparing a competitive Phase 1 SBIR/STTR.
RI Research Alliance Collaborative Research Grants
These grants, offered through STAC, provide funding to projects that focus on building research capacity across institutions and advancing the competitiveness of RI researchers to secure additional funding. Grants are also awarded to projects that contribute to current or future economic development of the state through technology development and commercialization, or contribute to infrastructure development that significantly advances the competitiveness of scientists in Rhode Island to secure additional funding.
In addition to the opportunities outlined above, STAC also offers grants that provide up to $3,000 to assist companies in the life sciences and engineering sectors defray the costs of providing internships and mentoring to eligible Rhode Island residents attending a college or university in Rhode Island.
STAC is housed at the Commerce Corporation, with staff available to help navigate the options and connect with programs.