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Find similar grantsInnovation Network Matching Grant Program is sponsored by Rhode Island Commerce. Awards grants to organizations supporting high-growth startups in key industries.
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Innovation Network Matching Grants The Innovation Network Matching Grant Program is part of Rhode Island Commerce’s Innovation Initiatives Portfolio, created to foster innovation in small businesses and further advance the competitiveness of Rhode Island’s companies in the national and global economies.
The Innovation Network Matching Grant Program provides grants to organizations that provide support to small businesses through one or more of the following ways: Key Components of the Grant: Minimum of $50,000 in funding request, with at least a 50 percent match (cash or in-kind) There is no maximum grant amount but typical grants in the program are around $75,000-$125,000 Eligible applicants include nonprofits, universities and co-working space operators Applicant must offer support to small businesses (500 or fewer employees) that are either: evaluating a transition to an employee-ownership, regardless of industry in targeted industries including life sciences, ocean economy, defense, food/agriculture, critical technologies (cybersecurity, artificial intelligence, quantum, etc.), financial empowerment, and technology commercialization, or evaluating a transition to become an employee-owned business*, regardless of industry.
* An “employee-owned business” means any small business that is a workers’ cooperative or has an employee stock ownership plan. Rules and Regulations for the Innovation Network Matching Grant Program Innovation Initiative Act, R. I.
G. L. § 42-64.
28 Applications are accepted once a year, typically in the spring. The application portal is currently closed. Apply for a Network Matching Grant Applications are now closed for FY2026.
Download the Network Matching Grant Budget Template Network Matching Grant Application Portal innovation@commerceri. com
According to the current listing, eligibility includes: Organizations supporting high-growth startups in Rhode Island. Confirm the full requirements in the official notice before applying.
The current listing shows minimum of $50,000 with a 50% match. Verify award ceilings, matching requirements, and allowable costs in the official notice.
Innovation Network Matching Grant Program is funded by Rhode Island Commerce. Verify program details on the funder's official page before applying.
This opportunity targets applicants in Rhode Island. If your organization operates elsewhere, check the official notice for location requirements.
Start from the official opportunity page linked in this listing — it carries the sponsor's submission instructions.
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