Rules and Regulations for the Industry Cluster Grants Program


870-RICR-20-00-5 INACTIVE RULE

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Title 870 Commerce Corporation
Chapter 20 Loans and Grants
Subchapter 00 N/A
Part 5 Rules and Regulations for the Industry Cluster Grants Program
Type of Filing Adoption
Regulation Status Inactive View Active Rule
Effective 11/25/2015 to 11/25/2015

Regulation Authority :

42-64.29-1

Purpose and Reason :

The Rules implement the newly-enacted Industry Cluster Grant program, which is designed to provide grants that improve the effectiveness of industry clusters in Rhode Island. A cluster is defined as a concentration of companies and/or industries that share common supply chains, markets, technology competencies or knowledge, and/or workforce needs. There are two types of grants: an implementation grant, which provides between $100,000 and $500,000 for a well-defined program to improve a cluster’s effectiveness in one or more specific areas, including, but not limited to, research and development, technology transfer, workforce development, or cluster marketing; and technical assistance grants, which provide between $75,000 and $250,000, for a project that (i) builds an organization with the purpose of improving a cluster’s effectiveness or (ii) consists of planning or feasibility studies for projects that could provide a benefit to a cluster. An applicant can be a trade association, nonprofit entity, or research center. An applicant can also be a for-profit entity, provided that the applicant is acting on behalf of the cluster and demonstrates that the benefits of its project will be widespread within the cluster. In response to a comment, the text of Rule 3 has changed from the version published in the register to provide greater specificity to the board process described in that provision.

There are no electronic rulemaking documents for rules filed prior to August 14, 2018. For rulemaking documents for rules filed prior to this date, please contact the appropriate agency's Rules Coordinator.