870 R.I. Code R. 870-RICR-20-00-4.8

Current through December 3, 2024

Section 870-RICR-20-00-4.8 - Application

A. The Applicant shall file an Application in the form prescribed by the Corporation and available on the Corporation's website. The Application shall require, at a minimum, that the Applicant provide the following information:

1. the name of the Applicant and contact information for the individual(s) primarily responsible for oversight and management of the Application;

2. the Applicant's federal and State tax identification numbers;

3. the Applicant's total number of Employees;

4. the requested Voucher amount;

5. a description of the technology areas in which the Applicant generally operates and the Applicant's or its employees' experience in the development and commercialization of innovative new products or services;

6. a description of the Innovation Project, including background on the industry and market, the opportunity to be explored, the approach that will be undertaken, identification of the Knowledge Provider, estimated costs, timeline, and deliverables;

7. a clear explanation of how the Innovation Project will address existing challenges, enhance the innovation capacity of the Applicant, and/or have a catalytic impact on the Applicant's business;

8. a signed letter from a Knowledge Provider demonstrating that the Knowledge Provider is capable and willing to provide the services that will be supported by the Voucher unless the Applicant is seeking a Voucher for internal research and development as a Small Business Manufacturer;

9. a disclosure of any known conflicts of interest between the Applicant and the Knowledge Provider and a documentation of a plan for managing such conflicts unless the Applicant is seeking a Voucher for internal research and development as a Small Business Manufacturer;

10. a delineation of any other federal, State, or municipal incentives, grants, tax credits, or other aid that will or may be received or requested by the Applicant in relation to the Innovation Project;

11. and such other information as the Corporation deems appropriate.

B. An Applicant may be charged a one-time, non-refundable application fee by the Corporation. The Corporation shall annually publish a fee schedule on its website commencing on or before December 31, 2015.

870 R.I. Code R. 870-RICR-20-00-4.8

Amended effective 9/27/2023