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Regional Innovation Cluster (RIC) Initiative is sponsored by U. S Small Business Administration (SBA). The RIC Initiative funds entrepreneur support organizations to deliver counseling, mentoring, and commercialization support to small businesses in specific regions and sectors.
It has previously supported small business growth in the nuclear industry. RICs facilitate coordination, supplier-buyer matchmaking, commercialization support, technology transition assistance, capital-readiness coaching, supply-chain strengthening, export and procurement support, and partnerships with labs, universities, OEMs, and primes.
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Or search similar grants →According to the current listing, eligibility includes: Full and open competition eligibility for RICs contracts; funds entrepreneur support organizations that assist small businesses. Confirm the full requirements in the official notice before applying.
The current listing shows $300,000-$500,000 per year (for contracts). Verify award ceilings, matching requirements, and allowable costs in the official notice.
Regional Innovation Cluster (RIC) Initiative is funded by U.S Small Business Administration (SBA). Verify program details on the funder's official page before applying.
Start from the official opportunity page linked in this listing — it carries the sponsor's submission instructions.
Past winners and funding trends for this program
On September 2, 2026, SBA published an updated commercialization benchmark: firms with more than 25 Phase II awards in five years must derive at least 33 percent of total revenue from non-SBIR sources in FY2027, and 50 percent from FY2028 onward. It takes effect November 15, 2026. Because the measurement window looks backward three completed fiscal years, the first test is already decided — and the second is two-thirds decided. Here is the arithmetic, the history, and what firms near the line should do.
Read articleOn August 24, 2026, DOE and SBA signed a memorandum of agreement creating the Small Business Investment Company-Energy Initiative, pointing a $58 billion SBA-leveraged investment program at DOE's technology priorities. No application, no NOFO, no deadline. Here is how SBIC capital actually works, why a January 2026 rule change made this possible, and what a company sitting on a DOE Phase II award should do about it.
Read articleThe Small Business Administration's Manufacturing in America Empower to Grow initiative funds up to ten technical-assistance organizations with $5M each to deliver hands-on training to small manufacturers in aerospace, shipbuilding, advanced manufacturing, and seven other priority sectors. Applications close June 15, 2026 — and the three-year continuous-operation requirement is the rule that ends most LOIs before they start.
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