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STAC Grants Available to Match SBIR/STTR Phase I Awards and Hire Interns

The Rhode Island Science & Technology Advisory Council (STAC) has grant funding available through the Innovate Rhode Island Small Business Fund (IRISBF), a new program launched in 2013 to assist eligible RI small businesses within the life sciences and engineering sectors win SBIR/STTR awards and hire interns.

Companies that have received a federal Phase I Small Business Innovation Research or Small Business Technology Transfer (SBIR/STTR) grant from January 1, 2013 to January 31, 2014 may apply for a matching grant of up to $45,000. Applications are due February 21, 2014. If the amount of funding requested exceeds the amount of funding available a drawing will be conducted to select recipients.

STAC also has available grants of up to $3,000 to reimburse bioscience and engineering companies for internship stipends. Applications for these grants are accepted on a rolling basis.

For more information and to apply for either of these grants, visit the STAC website at http://stac.ri.gov/innovate-ri-fund.

Related links

Department or agency: RI Commerce Corporation

Online: http://www.edc.ri.gov/

Release date: 02-11-2014

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