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


870-RICR-20-00-3 ACTIVE RULE

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3.1Purpose

3.2Authority

3.3Scope

3.4Severability

3.5Definitions

3.6Eligibility

3.7Application

3.8Application Review and Approval

3.9Grant Agreement

3.10Revocation

3.11Discretion and Judicial Review

3.12Administration and Examination of Records

3.13Inspection Rights


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 Active
Effective 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

Rulemaking Documents are organized by document type and are part of this rule’s rulemaking record (R.I. Gen. Laws § 42-35-2.3). If multiple documents of the same type are listed below, each is a unique document. If there are multiple Public Notice of Proposed Rulemaking documents, view each document to identify the most recently amended version, as it may be amended at any point during the Public Comment Period.