Rules and Regulations for the Innovation Network Matching Grant Program (870-RICR-20-00-3)

870-RICR-20-00-3 PROPOSED RULE

Title 870 Commerce Corporation
Chapter 20 Loans and Grants
Subchapter 00 N/A
Part 3 Rules and Regulations for the Innovation Network Matching Grant Program (870-RICR-20-00-3)
Type of Filing Direct Final Amendment
Regulation Status Proposed
Filing Notice Date 12/30/2024
Public Comment Dates 12/30/2024 to 01/29/2025

Regulation Authority:

R.I. Gen. Laws Chapter 42-64.28
the Innovation Initiative Act

Purpose and Reason:

As a result of the FY25 Budget, the Innovation Network Matching Grant Program was revised to include businesses that are evaluating a transition to become employee-owned businesses, regardless of industry as allowable uses for program grants

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