Rhode Island Commerce Opens Innovation Voucher Applications, Grants Up to $75,000
PROVIDENCE — Rhode Island Commerce announced on October 13 that applications are now open for the Innovation Voucher program, which provides grants of up to $75,000 to fund strategic investments in local businesses to catalyze growth through research and development. Applications are due by Tuesday, November 3, at 5:00 p.m. ET.
Innovation Vouchers fund R&D conducted in partnership with a local "Knowledge Provider" — such as a college, university, hospital or research institution — or conducted in-house by a manufacturing business. Applications are evaluated based on possible impact, technological innovation, market demand and potential for commercialization, with support prioritized for targeted industries including advanced materials, the ocean economy, defense, energy and environment, food systems and life sciences. Since the program's inception, 166 projects across 132 companies have received Innovation Vouchers, representing a total investment of just over $9 million.
"The Innovation Voucher program gives every local business the chance to compete and grow," said Governor Dan McKee. "Investing in the ideas and innovations of our small businesses today means more opportunities and good-paying jobs for Rhode Islanders tomorrow." Commerce Secretary Stefan Pryor said the program helps Rhode Island entrepreneurs access the expertise they need to advance their innovations, and welcomed applications at commerceri.com/innovation-voucher.
(Source: Rhode Island Commerce)
Source: Rhode Island Commerce
Published by GSM · USA (original Chinese edition)
Photo: 罗得岛州议会大厦，Providence。Rhode Island State House in Providence. Photo: Wikimedia Commons
