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Find similar grantsSmall Business Assistance Program (SBAP) is sponsored by Rhode Island Commerce Corporation. <a href="https://commerceri.com/small-business-energy-efficiency-grant-program/" data-gtm-click data-gtm-vars='{"tClient_ga4": {"linkObject": "Small%20Business%20Energy%20Efficiency%20Grant%20Program" Category: Energy.
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RI Small Business Assistance Program | Rhode Island Commerce Your browser is not supported for this experience. We recommend using Chrome, Firefox, Edge, or Safari. Small Business Assistance Program Rhode Island Commerce’s Small Business Assistance Program (SBAP) helps entrepreneurs and small businesses that are having difficulty obtaining adequate credit from traditional lending organizations.
The program focuses on women- and minority-owned enterprises, as well as those in Rhode Island’s underserved communities. The program partners with the following organizations to provide direct loans to businesses. Partners for direct loans at or above $25,000: Business Development Company of Rhode Island: Peter Dorsey, 401-351-3036 South Eastern Economic Development (SEED) Corporation: Angela Laperriere, 508-822-1020, ext.
312 Community Investment Corporation: Louis Silva, 203-776-6172, ext. 125 Partners for direct micro-loans between $2,000 and $25,000: Social Enterprise Greenhouse: Stefanie Engelhardt, 401-383-3760 Community Investment Corporation: Louis Silva, 203-776-6172, ext.
125 Rhode Island Black Business Association (RIBBA) : Lisa Ranglin, 401-383-1179 Rhode Island Capital Access Program For $1,000- $750,000: The program encourages banks and credit unions to make slightly riskier loans by providing matching funds from the state to create cash collateral accounts.
Rhode Island Capital Corporation, which administers the program, also offers a full suite of business lines of credit, SBA loans, term loans and mezzanine investment from $50,000 to $5 million. Shauna Mancinelli, 781-928-1137 Managing Director of Financial Programs
Based on current listing details, eligibility includes: See the Rhode Island grants portal for complete eligibility requirements. Applicants should confirm final requirements in the official notice before submission.
Current published award information indicates See Rhode Island state grant listing for funding details. Always verify allowable costs, matching requirements, and funding caps directly in the sponsor documentation.
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