The Business Adaptation Grant Program was designed to assist companies dramatically constrained and significantly impacted by the public health emergency resulting from the COVID 19 pandemic. There are two main categories of expenses: fixed and variable. The Business Adaptation Grant Program was designed to assist companies dramatically constrained and significantly impacted by the public health emergency resulting from the COVID 19 pandemic. Technology upgrades, including computers; video equipment; lighting and sound. Applications for the business adaptation program are now closed. Business Adaptation Grant Awards. HArT Recovery Grant Program HArT Recovery Program web page. https://commerceri.com/about-us/restore-ri/, https://commerceri.com/businessadaptation/, https://rifoundation.org/grant/rhode-island-nonprofit-support-fund. Rhode Island Commerce today also announced a new grant program for Rhode Island companies whose businesses have been significantly impacted because of the pandemic and have been unable to continue their normal operations. PROVIDENCE, RI — In a letter to the Rhode Island Commerce Corporation Advisors on Business Restoration, Lt. UPDATE AS OF DECEMBER 10, 2020: On December 10, 2020 Governor Gina Raimondo announced that the Pause would be extended for one additional week - through December 20, 2020 - and that the Grant Program for Rhode Island on Pause would include relief to businesses for all three weeks, not just the first two weeks. Businesses will now be able to receive up to $30,000, doubling the original grant sizes. PPE, including masks, plexiglass barriers, increased ventilation and air purifiers. The Restore Rhode Island small business grant program recently announced the doubling of grant awards, a streamlined application process, and increased eligibility. Rhode Island companies whose businesses have been significantly impacted due to the pandemic can apply for Business Adaptation grants of up to $50,000. Alright. The Restore Rhode Island grant program opened in August and has provided direct support through grants of up to $30,000 to the state’s small businesses for reopening, adaptation, and fixed costs incurred by businesses as a result of the COVID-19 pandemic. $3.5 million to support business repositioning. Sorry, your blog cannot share posts by email. Business Adaptation Grant Awards . Any Business Stabilization Grants or Agriculture Adaptability Grants awarded to the business will be deducted from the eligible East Edge of Glacier Park Tourism Business Grant total. WPRI: Businesses now eligible for up to $30K through Restore RI Grant Program. Grant awards are anticipated to be in the range of $15,000 to $75,000. Rhode Island Commerce Secretary Stefan Pryor said that the state will soon be launching funding … Studio or office utilities – outside your home. More information on the Business Adaptation Grants will be on www.commerceri.com in the coming days and Rhode Island Commerce staff will … Rhode Island Commerce today is announcing the first round of business adaptation grants to 31 businesses totaling $1.4 M in funding. The Corporation will begin to announce awards as early as November 4, 2020. Any variable expenses that are not directly supporting adaptation to COVID-19. The program successfully awarded $3.5 million in relief to approximately 109 local businesses. Business Adaptation Grant - The Business Adaptation Grant provides a match-funded grant from £1,000 to £2,500 to help small and medium-sized businesses, including people self-employed, to adapt their premises to meet physical distancing requirements. Additionally, Business Adaptation grants of up to $50,000 are now available to help companies dramatically adapt business models and pivot to … Quick Links. Subscriptions that relate to your business, including: professional associations; website hosting; industry publications; cloud storage. Contact staff at Commerce via email, or schedule an appointment to meet with them. Business and Organizations to support Business Adaptation, Remote Work, and Hospitality, Arts & Tourism Activities Today’s grant announcement is in addition to the Restore Rhode Island grant program, which to date has awarded more than $42 million to over 3,250 businesses . Fixed expenses are things that stay the same each month, like studio or office space rent and utilities. They will be providing IT consultancy services, grant application assistance, and a “Live Local” campaign in support of small businesses. Applications will be reviewed on a rolling basis and must be submitted no later than 4:00 PM on Monday, November 9, 2020. In recognition of the significant impacts of COVID-19 on small businesses, the funding can be used towards the following: financial, legal or other professional advice to support business sustainability and diversification Emergency Small Business Grant Program - City of Framingham, MA ... Small business assistance from Rhode Island Commerce, 401-521-HELP (401-521-4357) Here are some examples that might apply to artists of a variety of disciplines. Who can apply for a Business Link Pacific SME Adaptation Grant? Imagine what $35,000 in total grant funds would do for your business. The Business Adaptation Grant Program was designed to assist companies dramatically constrained and significantly impacted by the public health Post was not sent - check your email addresses! Women entrepreneurs from Rhode Island (and all over America) can apply for this grant. Grants will be available for up to $15,000 for eligible Rhode Island businesses impacted by COVID-19. so here's the main set of things that we wanna talk about today in the updated restore Rhode Island Small Business Grant program We have doubled the maximum grant amounts, meaning that previously the app was $15000. Grant amounts will be calculated based on the number of employees and the degree of revenue loss. The Advisors on Business Restoration met virtually on Monday evening … North Kingstown, RI- The North Kingstown Chamber of Commerce has been awarded a “Business Technical Assistance” grant from Rhode Island Commerce in support of small businesses. Fiji SMEs are invited to present proposals that protect and expand their current revenue, safeguard and create new jobs and keep businesses in operation for the long-term.. SMEs are businesses that employ up to 50 people. Between April 2020 and September 2020, we paid out the following business grant funds to eligible businesses: Small Business … The U.S. Small Business Administration (SBA) SBIR Road Tour brought Program Managers from a dozen federal agencies to the Ocean State to provide our small business community with the opportunity to learn firsthand about America’s largest seed fund. The Small Business Digital Adaptation Program will help businesses to embed the use of practical digital tools that support their trading model and performance. Beginning next week, Commerce will begin accepting applications for Business Adaptation grants. The application deadline is October 30, 2020. Rhode Island Commerce today is announcing the first round of business adaptation grants to 31 businesses totaling $1.4 M in funding. Inventory management programs and systems. The application portal for the Restore RI Small Business Grant Program went live Monday night. In order to qualify for a RestoreRI grant, you must spend the grant money on business expenses related to COVID-19. Contact: Brian Hodge (401) 787-2797, brian.hodge@commerceri.com The Business Adaptation Grant Program was designed to assist companies dramatically constrained and significantly impacted by the public health emergency resulting from the COVID 19 pandemic. Please refer to one of our quick links for additional business assistance. Applications for the business adaptation program are now closed. The Targeted EIDL Advance provides businesses located in low-income communities with additional funds to ensure small business continuity, adaptation, and resiliency. Restore RI: Helping small businesses & non-profits most affected by COVID-19 On October 14, it was announced maximum grant sizes are doubling from previous amounts, with awards now ranging up to $30,000. Business Adaptation Grants Now Accepting Applications The Montana Business Adaptation Program will provide reimbursement for COVID-19 expenses related to keeping staff and customers safe – from the purchase of personal protective … Small Business Administration SBIR Road Tour Stops in Rhode Island. Variable covid related expenses include things like PPE, technology upgrades, professional services to adapt to a virtual space, etc. The Business Adaptation Grant provides a match-funded grant from £1,000 to £2,500 to help small and medium sized businesses, including people self-employed, to adapt their premises to meet physical distancing requirements. Rhode Island COVID-19 Business Guidelines We will update these channels as regularly as possible to make sure your business has access to the latest information. These can be things you have already paid for, or expenses you will have before December 1, 2020. Grant Program Eligibility and Requirements. Please refer to one of our quick links for additional business assistance. Rhode Island Commerce today is announcing the first round of business adaptation grants to 31 businesses totaling $1.4 M in funding. Grants will be available for up to $15,000 for eligible Rhode Island businesses impacted by Covid-19. Here’s how it works… Our judges award one $10,000 Amber Grant every month. The program is designed to support affected businesses in adapting their business models and/or operations in substantial ways.