The Rhode Island Commerce Corporation is accepting applications for Business Adaptation Grants. The state has allocated $1.75 million for the program, with eligible businesses able to receive up to a $50,000 award. The Business Adaptation Grant Program is targeted at companies with business models (products and/or services) that have been dramatically constrained and significantly impacted by the public health emergency resulting from the COVID 19 pandemic. The program is designed to support affected businesses in adapting their business models and/or operations in substantial ways.
Applications will be reviewed on a rolling basis and must be submitted no later than 4:00 PM on Monday, November 9, 2020.
TO APPLY TODAY. Download the application here.
Questions on the application and completed applications process may be submitted to: BusinessAdaptation@commerceri.com
Associated Builders and Contractors Rhode Island Chapter wants to help you stay connected and informed : Like and Follow Associated Builders and Contractors Rhode Island on Social Media!
Disaster Loan Assistance: Federal Disaster Loans for Businesses, Private Non-profits, Homeowners and Renters https://covid19relief.sba.gov/#/
COVID-19-Related Tax Credits for Required Paid Leave Provided by Small and Midsize Businesses FAQs
For FAQs, see “Basic FAQs,” and the sections that follow. The FAQs will be updated to address changes in the law or additional questions as they are raised.
For additional SBA resources view: https://home.treasury.gov/policy-issues/top-priorities/cares-act/assistance-for-small-businesses
Guidance from the Rhode Island Department of Labor and Training