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Find similar grantsRhode Island Growth Catalyst Program is sponsored by RI Life Science Hub. This program is a targeted investment initiative designed to support the expansion of life sciences companies by supporting technology development and accelerating commercialization activities in Rhode Island.
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Rhode Island Grow Catalyst Program | RI Life Science Hub The Rhode Island Growth Catalyst Program is a targeted investment initiative designed to support the expansion of life sciences companies by supporting technology development and accelerating commercialization activities.
By providing essential growth capital, this program acknowledges the vital role both innovators and manufacturers play in building a robust life sciences industry. Through strategic funding, the program helps businesses scale operations, drive technological advancements, and strengthen the state’s position as a leader in life sciences innovation and manufacturing.
Eligibility and Evaluation Must be registered in Rhode Island as LLC, C, or S Corp. Must have a life sciences NAICS code. Must be able to demonstrate a positive contribution to economic development, including job creation in Rhode Island. Use of funds supports costs associated with scaling operations and achieving commercial milestones.
Covers up to 25% of project costs (applicants need to demonstrate how they will fund the other 75% of the project cost) Applicants must demonstrate additional sources of capital/company contribution to the project. 30% Cap on Indirect Costs (This program is to support costs associated with commercial milestones and is not meant to pay for salaries) The funding term ranges from 1-2 years based on the project.
Certificate of Good Standing Contact us to view the application Critical objectives for this program are attracting out-of-state, international and newly formed companies in the following key growth areas: Neuro electronic medicine High-quality applicants are those who have high science and technical impact, strong teams capable of delivering the project, and the intention to improve patient outcomes in Rhode Island and beyond.
According to the current listing, eligibility includes: Must be registered in Rhode Island as an LLC, C, or S Corp. Must have a life sciences NAICS code. Must be able to demonstrate a positive contribution to economic development, including job creation in Rhode Island. Confirm the full requirements in the official notice before applying.
Rhode Island Growth Catalyst Program is funded by RI Life Science Hub. 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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