Foundations
480
Total Assets
$3.0B
Total Giving
$1.2B
Active Grants
186
National Rank
#47
Rhode Island Grants: Innovation Vouchers, Ocean Economy & Small Business Growth Funding
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Key State Programs
Innovation Voucher Program
Provides grants of up to $75,000 for Rhode Island businesses with 500 or fewer employees to collaborate with local universities, medical centers, and research institutions on R&D for new products, processes, or services. Applications accepted on a rolling basis through Rhode Island Commerce.
Renewable Energy Fund
Administered by Rhode Island Commerce to grow renewable energy use statewide, offering grants for small-scale solar installations, commercial renewable projects, community renewables, and clean energy internship programs connecting businesses with qualified students.
Innovation Network Matching Grant
Awards up to $50,000 to Rhode Island small businesses investing in innovation and growth within targeted industries including clean technology, energy efficiency, and other sectors identified as strategic priorities for the state economy.
Blue Youth Innovation Grant
A collaboration between Rhode Island Commerce, the Department of Labor and Training, and CCRI, this program increases student interest and skills in careers supporting Ocean Tech Hub industries, building the workforce pipeline for Rhode Island's maritime economy.
Rhode Island Foundation Community Grants
Competitive grants for nonprofit organizations across focus areas including arts and culture, historic preservation, environment, recreation, animal welfare, and health and wellness, with dedicated programs supporting Rhode Island's Black community through the Black Philanthropy Initiative.
Frequently Asked Questions
What is Rhode Island's Innovation Voucher Program?
The Innovation Voucher Program provides grants of up to $75,000 to Rhode Island businesses with 500 or fewer employees to collaborate with local knowledge providers including universities, medical centers, and research institutions. The funding supports R&D necessary to develop and commercialize new products, processes, or services. Applications are accepted through Rhode Island Commerce on a rolling basis.
How does Rhode Island support clean energy through grants?
Rhode Island Commerce's Renewable Energy Fund supports small-scale solar, commercial, and community renewables projects. Clean energy internship grants help businesses hire students with career interests in renewable energy. The Innovation Network Matching Grant also targets clean technology and energy efficiency businesses with up to $50,000 in funding.
What nonprofit grants are available in Rhode Island?
The Rhode Island Foundation offers competitive grants across arts and culture, historic preservation, environment, recreation, animal welfare, and health and wellness. The Black Philanthropy Initiative provides dedicated funding for the Black community. Additional opportunities include community development grants for municipalities and CDBG-funded projects supporting low- and moderate-income communities.
Are there Rhode Island grants for small businesses?
Yes, several programs support Rhode Island small businesses. The Innovation Voucher Program offers up to $75,000 for R&D collaborations, the Innovation Network Matching Grant provides up to $50,000 for targeted industry innovation, patent filing assistance covers up to $5,000 in intellectual property costs, and the RI Rebounds Technical Assistance Program offers up to $10,000 in personalized business support.
How does Rhode Island invest in its ocean economy?
The Blue Youth Innovation Grant program, a collaboration between Rhode Island Commerce, the Department of Labor and Training, and CCRI, builds the workforce pipeline for Ocean Tech Hub industries. Rhode Island Commerce also supports ocean technology businesses through innovation grants and the broader suite of economic development incentives targeting strategic industries.
Explore
Rhode Island Funding Resources
Top Foundations
Largest Foundations in Rhode Island
| # | Foundation | Assets |
|---|---|---|
| 1 | Warren Alpert Foundation | $397.3M |
| 2 | Van Beuren Charitable Foundation Inc. | $378.2M |
| 3 | Charles & Agnes Kazarian Eternal Foundation | $211.5M |
| 4 | Cvs Foundation | $194.3M |
| 5 | Jonathan M Nelson Family Foundation | $179.5M |
Active Grants