Science and Technology Grants
Through the Rhode Island Science and Technology Advisory Council (STAC), funding was developed for small businesses that need capital to innovate, expand, and succeed.
The Innovate RI Small Business Fund provides the following grants to assist local entrepreneurs and high-growth start-ups that participate in the Federal Small Business Innovation Research Program and have fewer than 50 employees:
Application Grant: Provides grants of up to $3,000 to help small businesses offset the costs associated with preparing a competitive Phase I SBIR/STTR application.
Matching Grant: Provides grants of up to $45,000 to recipients of SBIR/STTR Phase I awards and up to $100,000 to recipients of Phase II awards.
The Fund also supports talent development via:
Internship Grant: Provides grants of up to $3,000 to help companies offset the cost of providing internships to RI residents attending a RI college or university.
Collaborative Research Grants
Competitive funding is offered each year as part of STAC’s participation in Rhode Island’s Cooperative Agreement with the National Science Foundation’s (NSF) Established Program to Stimulate Competitive Research (EPSCoR). Collaborative Research projects are eligible which address research questions related to the current thrusts of the the RI Consortium for Coastal Ecology Assessment, Innovation, and Modeling (RI C-AIM).
Learn more about STAC and its funding and grant opportunities 