Rhode Island Commerce | RI Rebounds

RI REBOUNDS

Rhode Island Rebounds is an initiative by the State to invest in its children, families, workers, housing, and small business owners through utilization of the American Rescue Plan State Fiscal Recovery Funds. This investment includes funds to assist small businesses as well as hard-hit tourism, hospitality, and event industries impacted by COVID-19. Rhode Island Rebounds is made possible thanks to Governor Dan McKee’s proposal and unanimous approval by the Rhode Island House and Senate.

Click below to learn more about the RI Rebounds programs presently open through RI Commerce. Please check back frequently, as we will continue to update this page and add information about upcoming programs over the coming days and weeks. You may also sign up to receive updates on the programs as they become available using the sign-up feature at the bottom of the page.

Energy Efficiency

The RI Rebounds Energy Efficiency Program is a statewide effort to assist small businesses reduce their energy costs by implementing measures that improve energy efficiency. This program will reimburse small businesses up to $10,000 for energy efficiency measures implemented as the result of an energy efficiency audit. For more information on the Energy Efficiency program, click here.

Small Business Grant Program

The RI Rebounds Small Business Grant Program provides direct financial assistance to our state’s small businesses that have suffered financially due to the COVID-19 pandemic. Grants are available for either $2,500 or $5,000.  The application period closed on Tuesday, February 15, 2022 at 3:30 PM. Click here to learn more.

Take It Outside

The Rhode Island Take It Outside Initiative provides approximately $4.5 million in total awards in a state-wide effort to encourage and increase outdoor activities in an effort to reduce the transmission rate of COVID-19 and support small businesses recovery. For more information about the Take It Outside program, click here.

Placemaking Initiative

The Placemaking Initiative will provide approximately $3 million in subawards to assist the tourism and hospitality (including events) industries in support of outdoor and public space capital improvements and/or event programming, with grants supporting both larger programs (amounting to approximately $200,000), as well as smaller programs (amounting to $75,000 or less). This Placemaking Initiative will focus on developing safe place-based event programming; ensuring existing attractions are more COVID-safe; and improving public spaces.

Click here for more information

Ventilation

The Rhode Island Rebounds Ventilation Program is a statewide effort to improve indoor air quality in an effort to reduce the transmission rate of COVID-19 and support small businesses recovery. For more information about the Ventilation program, click here.

Technical Assistance

The RI Rebounds Technical Assistance Program is designed to support small businesses that have been negatively impacted by the COVID-19 pandemic. This program is funded through Rhode Island’s allocation of the State Fiscal Recovery Fund and managed by Rhode Island Commerce. For more information about the Technical Assistance program, click here.

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