To support Rhode Island’s life sciences industry, the state has launched a $250,000 grant program aimed at backing academic and commercial research in the sector. The Rhode Island Life Science Hub has introduced the Small Grant Fund, which will provide grants of up to $10,000 to projects, initiatives, events, programs, and equipment that will contribute to the development of life science fields within the state. The funding is intended to support projects in biopharmaceuticals, medical devices, biomedical technology, and cell and gene therapies, among other areas.
With an initial investment of $45 million from the state, the program aims to position Rhode Island as a globally recognized leader in life science innovation. By supporting current stakeholders, activities, and investments, the state hopes to build new capabilities that will attract companies and academic institutions to the area, ultimately enhancing the entire life science sector.
Applications for the Small Grant Fund are now being accepted on a rolling basis until all funds are depleted. To learn more about the program or to submit an application, visit the Rhode Island Life Science Hub website. This story was generated with the assistance of generative artificial intelligence (AI) to help What’sUpNewp journalist with reporting.