870 R.I. Code R. 870-RICR-20-00-5.6

Current through December 3, 2024
Section 870-RICR-20-00-5.6 - Eligibility for a Technical Assistance Grant
A. The following conditions must be met for an Applicant to be eligible for a Technical Assistance Grant under the Act:
1. the Applicant must be an entity with the credibility within the relevant Cluster and the organizational capacity to provide leadership on initiatives that benefit the entire Cluster; the Applicant may, for example, be an existing or potential trade association, nonprofit institution, or research center; an Applicant may also be a for-profit entity, provided that such entity's Application is on behalf of the Cluster and demonstrates that the benefits of its project will be widespread within the Cluster;
2. the Applicant must be registered to do business in the State;
3. the project for which the Applicant seeks a Technical Assistance Grant must primarily benefit companies within the State;
4. the Technical Assistance Grant sought must be between $75,000 and $250,000 inclusive and shall be used for:
a. building an organization with the purpose of improving Cluster effectiveness; or
b. for planning or feasibility studies for projects that could provide a benefit to the Cluster; and
5. the Applicant must have demonstrated support from the businesses and other stakeholders in the relevant Cluster.

870 R.I. Code R. 870-RICR-20-00-5.6